74 Penang Avenue, Colonel Light Gardens, SA 5041 | House for sale | OnTheHouse
 
FOR SALE
SOLD BY ROBBIE SMITH & ELLIE DRAPER

74 Penang Avenue
Colonel Light Gardens SA 5041

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Land area: 760m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Contracted at Auction by Robbie Smith & Ellie Draper

Auction On Site, Saturday 18th October at 1.30pm (USP)
Lovingly held by the same family since its construction in 1926, this original character home is being offered to the market for the very first time. Nestled in the heart of ever-popular Colonel Light Gardens, it presents a truly rare opportunity to secure an address steeped in history, charm and potential, a place where the next chapter is ready to be written.
Positioned proudly on a corner allotment with dual frontage to Penang Avenue and Winston Avenue, this home sits behind a generous garden, offering space to create a striking street presence through landscaping. The double-width, double-length carport provides excellent off-street parking, with side gate access to the rear garden enhancing practicality.
Inside, the home retains all the warmth of its era. A large entry hall sets the tone, leading to four bedrooms, two with built-in robes and cupboards, each offering space and flexibility. The formal living room features a ceiling fan, heater, and sliding doors opening directly to the carport, creating a versatile connection between indoors and out.
The kitchen sits at the rear, neat and functional with ample bench and cupboard space, plus a gas cooktop and oven. The bathroom, laundry and separate toilet remain in original condition, providing the perfect foundation for a complete renovation tailored to your style.
Outdoors, the rear garden is a blank canvas ready to be transformed, whether it's an entertainer's haven, a lush family retreat, or something entirely your own. Additional structures include a large shed, studio and smaller shed, offering plenty of storage and creative potential.
Every detail of this home whispers opportunity. For the visionary buyer, this is a chance to preserve its character, renovate and reimagine, or create something truly spectacular in one of Adelaide's most tightly held suburbs.
The location, too, is second to none. Zoned to Colonel Light Gardens Primary and Unley High School, and close to Springbank Secondary College and St Therese School, it also offers an easy 12-minute commute to the Adelaide CBD, weekends spent at Carrick Hill and Brownhill Creek, and just 15 minutes to the coastline. Here, blue-chip living meets lifestyle convenience.
More to love about this home:
- First time offered to market since its construction in 1926
See More

Property Details for 74 Penang Ave, Colonel Light Gardens

74 Penang Ave, Colonel Light Gardens is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 760m2. The place is currently for sale with Ray White Unley.

Building Type
House
Land Size
760m2
Commute Calculator

About Colonel Light Gardens 5041

The size of Colonel Light Gardens is approximately 1.5 square kilometres. It has 10 parks covering nearly 8.4% of total area. The population of Colonel Light Gardens in 2016 was 3349 people. By 2021 the population was 3311 showing a population decline of 1.1% in the area during that time. The predominant age group in Colonel Light Gardens is 10-19 years. Households in Colonel Light Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colonel Light Gardens work in a professional occupation.In 2021, 86.50% of the homes in Colonel Light Gardens were owner-occupied compared with 85.80% in 2016.

Colonel Light Gardens has 1,244 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 91.36% increase in median value, while Units have seen a 59.76% increase. As at 30 November 2025:

  • The median value for Houses in Colonel Light Gardens is $1,440,042 while the median value for Units is $496,659.
  • Houses have a median rent of $720 while Units have a median rent of $250.
There are currently 2 properties listed for sale, and no properties listed for rent in Colonel light gardens on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Colonel light gardens.

Colonel Light Gardens Profile Page

Suburb Insights for Colonel Light Gardens 5041

Visit Colonel Light Gardens profile page
Market Insights
Colonel Light Gardens Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Colonel Light Gardens Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Colonel Light Gardens profile page
Contact agent
agent headshot
Robbie Smith
Show contact details
Call agent
agent headshot
Ellie Draper
Show contact details
Call agent
Ray White Unley
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED