74 Penang Ave, Colonel Light Gardens is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 760m2 and floor size of 117m2.
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.
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 1,243 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 87.82% increase in median value, while Units have seen a 55.27% increase. As at 30 April 2026:
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