21 Lemon Cres, Golden Grove SA 5125
21 Lemon Cres, Golden Grove SA 5125
Four-bedroom, two-bathroom single-story house built in 1993 on a 400-square-metre lot with one parking space. Located in the Tea Tree Gully council area this property sits within a planned residential suburb known for tree-lined streets and consistent housing stock. The single parking bay is a notable constraint for a four-bedroom home, while the two bathrooms offer a practical advantage over older builds. The property is considered competitively strong due to its four-bedroom, two-bathroom layout which is rare in the immediate area where three-bedroom, one-bathroom homes are more common. This configuration serves families well especially those wanting a dedicated guest room or home office. Its single-story design and 400-square-metre lot are seen as low-maintenance features that attract buyers transitioning from larger blocks. The neighborhood’s established character with mature trees and quiet streets adds to its liveability, though it does not carry a prestige tag. This home best suits buyers seeking practical family accommodation in a stable environment. The limited parking might affect buyer interest from households with two or more cars and the 1993 construction may require future upgrades to finishes or systems which could influence price expectations. No significant rezoning or new development is anticipated in this fully built-out suburb, so value growth may rely on broader market trends rather than local catalysts. Buyers should weigh these factors when forming their view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Lemon Cres, Golden Grove SA 5125
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Golden Grove presents as a stable, family-centric suburb with a mature demographic profile, underpinning its consistent demand. The market is driven by established professionals and families, reflected in the high proportion of family households and owner-occupiers. Recent price trends indicate solid, sustained growth for houses, with a competitive sales environment evidenced by swift market turnover. Future performance is supported by its established community appeal, though the market’s sensitivity to broader economic conditions and its reliance on a single property type present inherent constraints to volatility and supply.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
400m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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