Suburb Profile Report for Colonel Light Gardens SA (5041)

Colonel Light Gardens House: Median price $749,000, Annual capital growth 5.96%, Number of sales 46, Weekly median advertised rent $443

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

SA has seen average median house prices change by 3.24% which means that Colonel Light Gardens, 5041 has done well for property investors by showing a capital gain of 6.24% over the last year

Over the longer term, Colonel Light Gardens has seen property prices show investors a 26.95% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Colonel Light Gardens is $749000, with sellers offering an average of -5.66% off the asking price.

Residents and property investors in Colonel Light Gardens have been waiting around 36.92 days to sell a property.

A $442.5 per week rent on the median house gives suburb investors a gross yield of circa 3.07%, without taking into account capital value appreciation, which has been averaging out at 5.96%.

Metrics i HOUSE UNIT
$749,000 N/A
2.36% N/A
6.24% N/A
5.96% N/A
$443 N/A
46 N/A
3.07% N/A
36.92 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3311
Median household income ($/weekly) 1951
Median age of persons 39
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 528 15.9
    25-34 years 269 8.1
    35-44 years 575 17.4
    45-54 years 565 17.1
    55-64 years 409 12.4
    Others 965 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 1427 60.2
    Not Married 768 32.4
    Defacto Relationship 177 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2801 86.9
    Hong Kong 31 1.0
    Japan 28 0.9
    United Kingdom 165 5.1
    Other 42 1.3
    Others 155 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 0.6
    Christianity 2044 66.1
    Hinduism 6 0.2
    Other Religious Groups 12 0.4
    No Religion 1003 32.5
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 80 7.8
    $1,500-$1,999 134 13.0
    $2,000-$2,499 136 13.2
    $2,500-$2,999 156 15.1
    $3,000-$3,499 101 9.8
    Others 423 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1020 41.5
    Employed, worked part-time 647 26.3
    Not in the labour force 625 25.4
    Employed, away from work 115 4.7
    Unemployed, looking for work 49 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 279 15.6
    Professionals 568 31.9
    Technicians & trades workers 205 11.5
    Clerical & administrative workers 257 14.4
    Sales 178 10.0
    Others 296 16.6
    Occupation
    Census Count Percent(%)
    Pre-school 74 7.7
    Infants/Primary 415 43.5
    Secondary 230 24.1
    Technical or Further Educational Institution 53 5.5
    University or other Tertiary Institutions 164 17.2
    Others 19 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3119 98.2
    Flat, unit or apartment 38 1.2
    House or flat attached to a shop, office 13 0.4
    Semi-detached, row or terrace house, townhouse 5 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 547 49.9
    Fully owned 409 37.3
    Rented 122 11.1
    Other tenure type 19 1.7
    Tenure Type
Census 2011, ABS
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