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 › Satsuma Cres
$602,500
Last sold
12 Jan 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
320 m²
Land
139 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$602,500
12 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Golden Grove (last 5 years) with land size have a median of $1,765/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
-34.5%
Median sale
Suburb $920,500
+1.81 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.
Nearby
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 Smith Partners Real EstateGorgeous slate fronted stunner built in 1998 and nestled in a lovely enclave of Orchard Grove on an allotment of approximately 320m2.
Drive straight into your garage, large enough to easily accommodate a generous size SUV and with convenient internal access into the home.
Open plan design, although currently set up as a 2 bedroom, with some minor adjustments , could easily be transformed into a 3 bedroom home.
Now here is something you don't normally see with this type of home.
Workshop, hobby room or home gym you choose how to use this valuable separate space.
There is even a strip of lawn creating a cooling effect to the rear garden and great for pets.
Some of the many features include
Internal
Beautiful Bay Window to front living room
Gorgeous floating floors to main traffic areas
Two wall split system reverse cycle air conditioners
Ample workspace to the kitchen
Mains pressure gas hot water service
Two ceiling fans
Linen press to hallway
New carpets to both bedrooms
External
Neatly established gardens with lawn, low shrubs and paving
Block retaining walls to front and rear
Power and concrete floor to rear workshop or home gym.
Fold out clothesline
Attractive pillar letter box
Security front screen door
Panel lift remote control door to garage
If you love walking in the park like I do, this home will get you excited! just a few minutes and you're into Cobbler Creek, Orchard Grove reserve and playground.
Walk the dog, feed the birds and enjoy nature walks along kilometres of hike and bike trails that meander through the park amongst century old gum trees.
Your Local servo is down the street for those mornings you run out of milk! With The Stables Shopping Centre a few minutes drive.
There is a bus stop literally around the corner so you can join the city commuters in the street utilizing this service.
If you prefer to drive, an estimated 30 minutes and you are in the CBD.
The children can walk to Primary school at Golden Grove or Pinnacle College and Public and Private Secondary Schools are a short bike ride away.
10 minutes and you are at Westfield Tea Tree Plaza, Cinema and restaurant precinct.
For more information or to register your interest give me a call or send an email enquiry to len.allington@spartners.com.au
Listing description written by Len Allington, Smith Partners Real Estate — reproduced as published, not verified by Districts.