Golden Grove vs Surrey Downs
Surrey Downs (median $850,000) is roughly 9% cheaper to buy into than Golden Grove ($933,500). Over the past year, Surrey Downs (+12.9%) ran 5.0 percentage points ahead of Golden Grove (+7.9%) on house-price growth.
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Golden Grove and Surrey Downs side by side
| Measure | Golden Grove | Surrey Downs |
|---|---|---|
| Price and market | ||
| Median house | $933,500 | $850,000 |
| Median unit | $259,200 | $240,480 |
| House price change, 12 months | +7.9% | +12.9% |
| Renting | ||
| House rent | $600/wk | $660/wk |
| Unit rent | $580/wk | $550/wk |
| Owner occupied | 75.0% | 79.0% |
| Renter occupied | 18.0% | 19.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1028 | 1038 |
| Lifestyle and people | ||
| Walk score | 2 | 28 |
| Transit score | 0 | 0 |
| Bike score | 100 | 80 |
| Population | 10,299 | 3,358 |
| Median age | 44 | 38 |
| Climate | ||
| Annual rainfall | 547 mm | 547 mm |
| Mean max, January | 29.6°C | 29.6°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Surrey Downs scores higher on walkability (2/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Surrey Downs (1038) sits above Golden Grove (1028).
- For buyers
- Surrey Downs is the lower entry point at $850,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Surrey Downs carries both higher gross yield (4.04% vs 3.34%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Surrey Downs edges out on average school ICSEA (1038 vs 1028).
Golden Grove vs Surrey Downs: common questions
Is Golden Grove or Surrey Downs cheaper to buy in?
Surrey Downs has the lower median house price at $850,000, roughly 9% below Golden Grove ($933,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Golden Grove or Surrey Downs?
Over the past 12 months, Surrey Downs grew +12.9% vs +7.9% in Golden Grove, a gap of 5.0 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Golden Grove or Surrey Downs have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Surrey Downs scores 1038 vs 1028 in Golden Grove. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Golden Grove or Surrey Downs?
Surrey Downs scores 28/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Golden Grove or Surrey Downs?
Gross rental yield on houses is 4.04% in Surrey Downs vs 3.34% in Golden Grove. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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