Golden Grove at a glance
10,417
People
$920,500
Median sale
$606/wk
Median rent
3.42%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
SA › Golden Grove › Persimmon Grove
$800,000
Last sold
1 May 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
763 m²
Land
176 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$800,000
1 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Golden Grove (last 5 years) with land size have a median of $1,779/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Golden Grove at a glance
10,417
People
$920,500
Median sale
$606/wk
Median rent
3.42%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Golden Grove
-13.1%
Median sale
Suburb $920,500
+0.52 pp
Gross yield
Suburb 3.42%
Suburb median $920,500 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $606/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Golden Grove at a glance
10,417
People
$920,500
Median sale
$606/wk
Median rent
3.42%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link:https://my.matterport.com/show/?m=adTyFk1jzYE
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this show-stopping 5-bedroom home that is sure to offer something for everyone in the family. Set on a prized 763sqm block in Golden Grove, there are a selection of formal and informal living spaces spread throughout two levels, designed to suit every mood and occasion whether you're gathering with loved ones, hosting guests or indulging in quiet escape.
Your luxe master is set at the front of the home for added privacy, complete with a walk-in robe, built-in robe and en-suite. Three of the four remaining bedrooms have built-in robes and are all set in their own wing along with the central 3-way bathroom with a separate toilet and the laundry with external access.
The front formal lounge room is the perfect place to unwind after a busy day, adorned with pendant lighting, sheer curtains and Tasmanian Oak hardwood floors underfoot that flow through into the open plan kitchen, family and meals zone. From the open plan living zone, you can step through the glass sliding doors to the outdoor verandahs either side, with decking underfoot and lush views of the Golden Grove community. Extending the living space further is the downstairs rumpus room with direct access to a dream workshop for the DIY enthusiast.
Any eager cook is sure to love the gourmet kitchen with all the must-have features you could wish for. There's a gas cooktop and an electric oven along with a dishwasher, corner pantry and sweeping benchtops with a breakfast bar.
Outside continues to delight with two attached verandahs, one connecting to your rear balcony where you can take in sunset views over the treetops and keep an eye on the kids playing in the chlorinated pool. There is also a separate pergola, two sheds, a double carport and dual driveways, ensuring there's plenty of room to secure your vehicles and toys. Whether you're entertaining friends, relaxing at the end of the day or simply enjoying quality time with the people you love, this impeccable home is guaranteed to tick all the boxes.
Key features you'll love about this home:
- 5kW solar system
- Ducted evaporative air-conditioning
- Reverse cycle split-system air-conditioning in the open plan living
- Dual driveways plus a double carport with an automatic roller door
- Tasmanian oak hardwood floors
- Two verandahs with decking underfoot
- Rear balcony with lush views
- Above ground chlorinated pool
- Lower level workshop under home plus two external sheds
This must see home is set along a quiet family-friendly street close to everything you could ever need. Pinnacle College, Golden Grove Primary School, Golden Grove High school and Gleeson College are all within easy reach along with local parks, Cobbler Creek, and The Grove Shopping Centre. It's an 11 minute drive to Westfield Tea Tree Plaza, and for those that commute to the Adelaide CBD, it is a 35 minute drive away.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1997 (approx)
Land Size / 763sqm (approx - sourced from Land Services SA)
Frontage / 22.92m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Tea Tree Gully
Council Rates / $2,132 pa (approx)
Water Rates (excluding Usage) / $616 pa (approx)
Es Levy / $154 pa (approx)
Estimated Rental / $700-$770pw
Title / Torrens Title 5311/16
Easement(s) / Subject to service easements for drainage & sewerage - See title
Encumbrance(s) / To SA Urban Projects Authority
Internal Living / 176.1sqm (approx)
Total Building / 307.4sqm (approx)
Construction / Weatherboard
Gas / Connected
Sewerage / Mains
Downsizing
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/d2CvSM
If this property is to be sold via Auction, the Vendors Statement (Form 1) may be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts.
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.
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