Colonel Light Gardens, SA 5041
Colonel Light Gardens property market
Most of Colonel Light Gardens's activity is house sales, with 38 sales at around $1.729M (up) as of July 2026, taking about 17 days to sell (down from 23 days last year), with around half being 4-bedroom.
House rentals are the next-biggest market, with 22 leases at $740 a week, renting out in about 23 days, less sought-after than most house rental markets. Followed by 2 unit rentals at $403 a week.
Who lives hereA high-income, mostly owner-occupied, family-oriented suburb — deeply settled, with a strongly professional workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Colonel Light Gardens demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Colonel Light Gardens?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Colonel Light Gardens
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Colonel Light Gardens
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.5× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Colonel Light Gardens
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Colonel Light Gardens
2 schools inside Colonel Light Gardens, plus the closest options around it. Families can choose from 2 primary schools in Colonel Light Gardens and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Colonel Light Gardens · 2Order by
- 1St Therese SchoolCatholic · Primary · Co-ed · Years R-6 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students476Multilingual50%ICSEA Rank50th
- 2Colonel Light Gardens Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Within suburbState Rank—English—Maths—Students476Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Colonel Light Gardens median house price & rent
Headline price, rent, yield and time on market for Colonel Light Gardens — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Colonel Light Gardens property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Colonel Light Gardens
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Colonel Light Gardens against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Colonel Light Gardens in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Colonel Light Gardens — Units & Houses, all bedrooms
Colonel Light Gardens median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Colonel Light Gardens rose from $647k (Jul 2021) to $1.02M (Jun 2026) — +57.7% growth over five years — peaking at $1.42M between May 2025 and Apr 2026. Median house rent went from $264/wk to $657/wk (+148.9%) over the same period. For units, median rent went from $149/wk to $265/wk (+77.9%) over the same period.
Suburbs near Colonel Light Gardens: prices compared
The nearest suburbs to Colonel Light Gardens, ranked by distance — each lined up against Colonel Light Gardens on the same measures, so the differences jump out at a glance.
Suburbs like Colonel Light Gardens
Suburbs anywhere in SA that behave like Colonel Light Gardens — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Colonel Light Gardens vs Unley: the closest sales-market match trades at a median of $904k against Colonel Light Gardens's $1.02M — about 12% lower, with homes selling in 12 days versus 16 days here.
Comparable sales markets to Colonel Light Gardens: Unley property prices, Frewville property growth, Royston Park house prices, Gilberton property market and Hazelwood Park median house price.
Colonel Light Gardens's closest rental-market twins: Royston Park house prices, Hazelwood Park median house price, Frewville property growth, Unley market trends and Gilberton property growth. Each link opens that suburb's full market report.
Frequently asked · Colonel Light Gardens
25 data-driven answers about Colonel Light Gardens's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Colonel Light Gardens?
#The median house price in Colonel Light Gardens, SA 5041 is $1.02M as of June 2026, based on 7 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Colonel Light Gardens?
#The median weekly house rent in Colonel Light Gardens is $487 as of June 2026, drawn from 4 leases over the past 12 months. Units rent for around $487 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Colonel Light Gardens?
#A 3 bedroom house in Colonel Light Gardens rents for a median $487 per week as of June 2026, drawn from 4 leases over the past 12 months. Across other house sizes: 2-bedroom $487/week, 4-bedroom $487/week. Unit rents: 1-bedroom $487/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Colonel Light Gardens?
#Gross rental yield in Colonel Light Gardens is 1.29% for houses as of June 2026, compared with the SA unit median of 3.06%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Colonel Light Gardens?
#As of June 2026, Colonel Light Gardens medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $1.02M | $1.02M | $1.02M |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Colonel Light Gardens median?
#At the median Colonel Light Gardens house ($1.02M purchase, $487/week rent), weekly mortgage repayments sit at roughly $1338 — about $851 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Colonel Light Gardens's property market trends?
#Colonel Light Gardens's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 16 days — faster than a year ago by 18; sales supply sits at 4.0 months (loose). Read together — price, rent, selling speed and supply — they show which way the Colonel Light Gardens market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Colonel Light Gardens as an investment?
#As of June 2026 in Colonel Light Gardens, house prices rose +50.0% over the year, gross rental yield is 1.29% against a SA median of 2.32%, houses take a median 16 days to sell, sales supply is 4.0 months (loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Colonel Light Gardens?
#Houses in Colonel Light Gardens sell in a median 16 days on market as of June 2026. Days on market have tightened by 18 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Colonel Light Gardens a tight or loose property market right now?
#Colonel Light Gardens's sales market sits at 4.0 months of supply for houses as of June 2026 — classified as Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.5 months of supply.
Have property prices in Colonel Light Gardens gone up or down?
#House prices in Colonel Light Gardens moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Colonel Light Gardens?
#Colonel Light Gardens's house rental market sits at 0.5 months of supply as of June 2026 — classified as Severe (extreme shortage), with 6 houses leased over the past 12 months. Units sit at 1.5 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Colonel Light Gardens in its property market cycle?
#Colonel Light Gardens's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Colonel Light Gardens compare to other SA suburbs?
#Colonel Light Gardens's median house price ($1.02M) is 42% above the SA median ($722k) as of June 2026. On selling speed, houses clear in 16 days vs 17 days state median. On gross yield, Colonel Light Gardens sits at 1.29% vs 2.32% state median.
How does Colonel Light Gardens compare to neighbouring suburbs?
#Colonel Light Gardens's most-similar nearby market is Unley (2.8 km away) with a median house price of $904k — about 12% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Colonel Light Gardens?
#The most-transacted segment in Colonel Light Gardens over the 12 months to June 2026 is 3 bed houses with 18 sales. 4 bed houses come second at 18 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Colonel Light Gardens last year?
#Colonel Light Gardens recorded 18 house sales and 0 unit sales over the 12 months to June 2026 — a combined 18 transactions. On the rental side, 6 houses and 6 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Colonel Light Gardens in?
#Colonel Light Gardens is in postcode 5041, in the Southern Adelaide region of SA. Addresses there are written as Colonel Light Gardens, SA 5041.
What is the population of Colonel Light Gardens?
#Colonel Light Gardens, SA 5041 is home to 2,747 residents (ABS Census 2021). The median resident age is 22, and the average household holds 1.7 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Colonel Light Gardens?
#The median household in Colonel Light Gardens earns $2k per week — roughly $115k a year (ABS Census 2021). Median personal income runs $885/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Colonel Light Gardens?
#The unemployment rate in Colonel Light Gardens is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Colonel Light Gardens?
#Colonel Light Gardens is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Colonel Light Gardens?
#Colonel Light Gardens has 150 schools within reach, 2 of them inside the suburb itself — including Colonel Light Gardens Primary School, St Therese School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Colonel Light Gardens a good place to live?
#Colonel Light Gardens, SA 5041 has a population of 2,747, a median age of 22, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Colonel Light Gardens market data last updated?
#This Colonel Light Gardens market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.