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ACT › Red Hill › Golden Grove

32 Golden Grove, Red Hill ACT 2603

House

$2,610,000

Last sold

2 Dec 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

1,496 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,610,000 (2 Dec 2023).(Recorded sale)
  • FactLand 1,496 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Red Hill (last 5 years) with land size: median $2,533/m² of land (n=11). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,610,000

2 Dec 2023 · derived via latest_sale

Local land rate: recorded House sales in Red Hill (last 5 years) with land size have a median of $2,533/m² of land (n=11). Districts calculation from recorded sales — not a valuation.

Red Hill at a glance

3,551

People

No data

Median sale

$500/wk

Median rent

No data

Suburb gross yield

See the full Red Hill report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,610,0002 Dec 2023
  2. Listedprice unknowncompleted9 Nov 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $500/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. 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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Red Hill in one glance

Red Hill at a glance

3,551

People

No data

Median sale

$500/wk

Median rent

No data

Suburb gross yield

See the full Red Hill report →

Keep researching

  • Why Red Hill? Read the area thesis →
  • What else is on the market in Red Hill →
  • Other records on Golden Grove →

Listing material

Listed by Blackshaw Manuka

Ideal Block For Redevelopment!

Introducing 32 Golden Grove, Red Hill - a truly exceptional property that presents an incredible opportunity for those seeking to build their dream home in an idyllic location. Nestled in the heart of Red Hill, this property boasts four bedrooms and two bathrooms, offering ample space and comfort for a growing family. With its stunning external and internal features, along with its ideal location, this property is truly a rare find.

Situated on a generous 1496 square meter block, this property provides plenty of room for both indoor and outdoor living. The UVC of $1,700,000 signifies the incredible value this property holds.

Step inside this home you are greeted by spacious interiors that are designed to impress. The large master bedroom, complete with ensuite and study area, offers a peaceful sanctuary for relaxation and productivity. The three additional bedrooms provide ample space for family and guests alike. The separate dining and lounge rooms create the perfect setting for entertainment, while the large kitchen provides both functionality and style. Stay warm during the winter months with the convenience of ducted gas heating, while the sunroom invites natural light to illuminate every corner of the home.

Read the full description

Beyond the attributes of the property itself, its location adds an extra layer of desirability. Situated in Red Hill, one of the most sought-after neighbourhoods, 32 Golden Grove offers a serene and peaceful lifestyle while being just minutes away from the bustling city centre. Enjoy the convenience of nearby shops, cafes, and restaurants, as well as easy access to transportation and reputable schools. Whether you seek a tranquil retreat or a vibrant city lifestyle, this location truly offers the best of both worlds.

This is an exceptional property that presents a remarkable opportunity for those looking to build their dream home. With its spacious interiors, stunning external features, and ideal location, this property is truly a rare find. Don't miss your chance to own a piece of paradise in one of Red Hill's most coveted locations.

Features of this home -

- Classic Red Hill Home

- Four bedrooms

- Large master with ensuite with study

- Separate dining and lounge room

- Large kitchen

- Ducted gas heating

- Sunroom

- Ideal for development to build your dream home.

Block size 1496m2

Internal living 161.2m2

UVC $1,700,000

Rates $7,988 per annum (approx.)

Land Tax $15,505 per annum (approx.)

Listing description written by Christine Bassingthwaighte, Blackshaw Manuka — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Living Areas: 1
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.