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SA › Golden Grove › Satsuma Cres

44 Satsuma Cres, Golden Grove SA 5125

House

$765,000

Last sold

22 Oct 2024

3

Bedrooms

2

Bathrooms

1

Car spaces

326 m²

Land

161 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $765,000 (22 Oct 2024).(Recorded sale)
  • CalculationRecorded House sales in Golden Grove (last 5 years) with land size: median $1,765/m² of land (n=98). 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

$765,000

22 Oct 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.

See the full Golden Grove report →

Vs Golden Grove

-16.9%

Median sale

Suburb $920,500

+0.70 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 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$765,00022 Oct 2024
  2. Listedprice unknowncompleted9 Oct 2024

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

Capital growth

SA

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. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

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. This lot’s own applications are a separate question.

  • 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. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • 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

Golden Grove in one glance

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.

See the full Golden Grove report →

Keep researching

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

Listing material

Listed by Smith Partners Real Estate

Young, Attractive and Unattached

Nestled in the serene suburb of Golden Grove, in the popular 'Órchard Grove Village', this delightful home offers a perfect blend of comfort and convenience. With two separate living areas positioned at opposite ends of the residence, this property allows for versatile family living. Whether you're seeking a peaceful retreat or a space to entertain, these distinct areas provide ample room to cater to all your needs. The layout ensures that everyone has their own space to relax and enjoy.

Golden Grove is renowned for its community-oriented atmosphere and close proximity to nature. Just a short stroll away, you'll find the picturesque Cobbler Creek Reserve, an ideal spot for weekend adventures or leisurely walks. This location offers the best of both worlds: the tranquility of suburban life with easy access to outdoor activities. Golden Grove Primary School, Pinnacle College and Pedare Christian College are also nearby, making this an excellent choice for families.

Internal

Read the full description

Beautiful Bay Window to front master bedroom

Gorgeous porcelain floor tiles to main traffic areas

Ducted reverse cycle air conditioning is app controlled through both the wall mounted tablet as well as any smart phone.

Updated chefs kitchen with huge Island bar creating additional work space, gas cook top with stainless steel range hood, Miele dishwasher and high gloss floor to ceiling cupboards

Pendant lighting enhances this attractive culinary work space.

Mains pressure gas hot water service

IXL tastic in each bathroom with heat lamps

Three ceiling fans (One in each bedroom) all with cordless remotes

Linen press to hallway

Drop-down stair unit to access a storage area in the ceiling space above the garage

External

French doors open up to a Huge Alfresco entertaining area creating an almost seamless transition from indoor to outdoor living. Fitted with weatherproof PVC blinds for year round enjoyment.

Neatly established gardens with a strip of lawn, low shrubs and exposed aggregate

Security front screen door

Panel lift remote control door to garage.

6kw Solar electric system on the roof, free from obstruction by trees, achieving full capacity most days

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 the scent of orange blossom and 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 utilising 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.

Close proximity to local Sporting Clubs and facilities including Harpers Field recent upgrades

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.

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.