Gould Creek is located in the City of Tea Tree Gully and City of Playford local government areas, and is adjacent to Greenwith, Salisbury Heights and Hillbank, as well as the rural districts of Yatala Vale and Upper Hermitage and the town of One Tree Hill.

The bachelor partners, aged twenty-three, first visited this locality in December 1837 when they accompanied Colonel William Light on his exploration to discover the Barossa Valley.

Their squatters' homestead, with mud chimney and thatched reed roof, known as Fisher and Handcock's Station, was sketched by William Light and was one of the earliest to be built outside Adelaide.

[3] Following surveys and closer settlement this became the site of Cumberland Farm, owned by pioneer Reuben Richardson (after whom a street in neighbouring Greenwith has now been named).

[6] The Little Para Reservoir was built between 1974 and 1977 and commissioned in 1979, functioning largely as a balancing storage for Murray River water, and also serving a flood mitigation role.