Golden Grove, 5125 ranked 227th in SA when comparing growth in median property values or capital gain over the last 12 months. Golden Grove is one of 853 in our list for SA
While Golden Grove,5125 ranked number 67th in SA for increase in median house value (annualised) increase, it is ranked 250th over the last 5 years.
Property buyers and investors in Golden Grove 5125 should be seeing an average reduction in asking price of around -5.55% . This means that Golden Grove is holding prices well when compared to other suburbs in SA.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 3.40%.
Golden Grove has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.55% to date .
Across a shorter period, Golden Grove, 5125 has seen a median price increase of 1.65% over the last quarter.
Situated 11.41km from the CBD, Golden Grove is one of Tea Tree Gully localities in the postcode 5125.