Mortgage Broker / Home Loans Golden Grove
Buying a property in Golden Grove? We can secure you with the right finance.
Last month Golden Grove had 13 properties available for rent and 25 properties for sale. Median property prices over the last year range from $705,000 for houses to $460,000 for units. If you are looking for an investment property, consider houses in Golden Grove as they rent out for $475 PW with an annual rental yield of 4.3% and units rent for $450 PW with a rental yield of 5.1%. Based on five years of sales, Golden Grove has seen a compound growth rate of 12.8% for houses and -2.1% for units.
Melissa Burt and the team at Mortgage Choice, servicing Golden Grove, will discuss your borrowing options and guide you through the home loan process.
Golden Grove suburb profile
Golden Grove is an outer north-eastern suburb of Adelaide, South Australia and is within the City of Tea Tree Gully local government area. It is adjacent to Wynn Vale, Surrey Downs, Greenwith, Yatala Vale, Fairview Park, and Salisbury East.
Captain Adam Robertson and his wife arrived in South Australia in September 1839, and settled in the area now known as Golden Grove. He donated an acre (4,000 m2) of land to people of the area in 1853, in order for them to build a school they were planning, and allowed it to be named Golden Grove, after the last ship he commanded. In 1859, however, when the postal authorities wanted to name the town Golden Grove, he objected unsuccessfully.]
In 1930, the Golden Grove house and farm were sold. Most of the estate was later purchased by a sand mining company, Boral, in 1972. In 1973 the South Australian Land Commission started to acquire land in Golden Grove and Wynn Vale for housing. In 1983 the South Australian Urban Land Trust contracted Lend Lease (then Delfin) to develop the land. Construction started in 1985 and over 200 allotments sold in the first week, with the last being sold in 2002.
Two wells located at what is now the intersection of Hancock Road and Golden Grove Road serviced farms and dairies in Golden Grove and Yatala Vale, and provided water for council work and firefighting. The last well was filled in during March 1995 after having been dry for many years.
In 2007, further land was released at Golden Grove. This land was acquired by Fairmont Homes, as a new housing division. There is a shopping complex known by locals as "The Village" as well as a number of great primary and High Schools.
Captain Robertson's original homestead still stands today and is centered in the new development.
Our promise to you
Being your Mortgage Choice broker servicing Golden Grove, we are committed to ensuring you truly have the best interest rate available on the market! Our promise to our clients is:
In most cases, our home loan service is at no cost to you!
We will do the legwork. You can save hours of research and paperwork by getting us to help!
We can help you access market-leading rates from over 30 lenders.
What is your borrowing power in Golden Grove
When you're ready to purchase your property in (Suburb), it's important to have a good understanding of how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal.
Feel free to check out our easy-to-use home loan calculators here or get in touch with us to discuss your unique situation.
