Golden Grove at a glance
10,417
People
$926,000
Median sale
$606/wk
Median rent
3.40%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
SA › Golden Grove › Ruse Ct
$605,000
Last sold
17 July 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
331 m²
Land
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
$605,000
17 July 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
$926,000
Median sale
$606/wk
Median rent
3.40%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Golden Grove
-34.7%
Median sale
Suburb $926,000
+1.81 pp
Gross yield
Suburb 3.40%
Suburb median $926,000 from 41 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
$926,000
Median sale
$606/wk
Median rent
3.40%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Taylor'sA downsizers's delight and a fantastic first home or investment, this Torrens title two-bedroom home packs fab features into low-maintenance living.
It is perfectly situated alongside a lovely park in a quiet cul-de-sac, mere minutes from The Grove Shopping Centre, local schools and public transport. With grassy open space and a playground next door, this home's 331sqm landscaped allotment is all you need.
Optimised space provides a single garage under the main roof, open plan living and an adjoining lounge, two outdoor living spaces and two lovely bedrooms with almost-ensuite bathroom access!
The sparkling modern kitchen features abundant cabinetry, stainless appliances including a dishwasher and rangehood, gas cooktop, and breakfast bar connection to open plan living. The clever bathroom design introduces direct access to the main bedroom and a separate powder area, w/c, adjoining bathroom with a bath and shower.
Highlights include:
- Built in 1990 on a 331sqm Torrens Title allotment
- Single garage with auto roller door
- Lounge with courtyard access and French doors to open plan living
- Open living/meals space with split system a/c
- Main bedroom with a built-in robe and bathroom access
- Second bedroom adjacent to the bathroom
- 3-way bathroom
- Separate laundry
- Renovated kitchen
- Pitched roof pergola in paved outdoor living space
- Ducted evap air conditioning plus split system
- Carpets throughout
- Roller shutters to some rooms
- Garden tool shed
- 3.5kw solar panels (approx.)
- Close to Pedare Christian College, Pinnacle College, Gleeson College
- Zoned Golden Grove Primary School and Golden Grove High School
- Walk to public transport
- Close to local reserves and Golden Grove Shopping Centre
For further information contact Gavin Armstrong on 0408 802 350.
Disclaimer: We have in preparing this content used our best endeavours to ensure that the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements in this property listing. Prospective purchasers should make their own enquiries to verify the information contained in this property listing. All measurements are approximate, and homebuyers are encouraged to undertake due diligence before a property purchase by independently verifying this content.
Listing description written by Gavin Armstrong, First National Real Estate Taylor's — reproduced as published, not verified by Districts.