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 › Gibbs Cres
$675,098
Last sold
15 July 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
492 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
$675,098
15 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 $1,779/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
-26.7%
Median sale
Suburb $920,500
+1.25 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 Smith Partners Real EstateNestled in the heart of Golden Grove, where the motto is 'Room To Move', this charming courtyard home is a true gem, offering a peaceful retreat on a generous allotment of approximately 492m2. Located on a serene street, the property boasts a lovely courtyard and is conveniently situated near a park and playground, providing a perfect blend of tranquility and recreation. Just a short stroll away, The Golden Fields Recreation Park and Cobbler Creek Reserve beckon, offering opportunities for outdoor adventures and leisurely walks amidst nature's beauty.
As you approach the property, a welcoming courtyard wall with an access gate not only enhances privacy but also ensures security, creating a safe haven for children to play freely or for a beloved pet to roam. The carport, equipped with a convenient remote control roller door, adds a touch of modernity and ease to everyday living.
Inside, the home features three cozy bedrooms and a well-appointed bathroom with a separate toilet for added convenience. The functional and compact kitchen provides the ideal space to unleash your culinary creativity, making meal preparation a delightful experience.
Step outside to the inviting outdoor entertaining area, complete with a pitched roof steel verandah that offers shade and shelter. This space is perfect for hosting weekend barbecues with family and friends, creating lasting memories in a picturesque setting.
The location of this property in Golden Grove is truly exceptional, having earned international acclaim in 1998 for being awarded the title of World's Best Residential Development. With a park, playground, and bus stop just moments away, as well as proximity to esteemed schools such as Golden Grove, Pedare, and Gleeson College, this home offers a lifestyle of unparalleled convenience and connectivity.
For shopping and entertainment, The Grove, Stables, and Fairview Green Shopping Centres are only a short drive away, while Westfield Tea Tree Plaza, with its recently updated restaurant precinct and cinema complex, is easily accessible within a 10-minute drive or bus ride.
Ideal for discerning buyers seeking both space and amenities, this property encapsulates the essence of Golden Grove living. Given the high demand for three-bedroom homes in this sought-after area, acting swiftly is paramount to secure this exceptional opportunity for yourself.
Listing description written by Len Allington, Smith Partners Real Estate — reproduced as published, not verified by Districts.