Modbury at a glance
6,179
People
$857,250
Median sale
$568/wk
Median rent
3.45%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
2
Car spaces
660 m²
Land
218 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Modbury (last 5 years) with land size have a median of $1,446/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Modbury at a glance
6,179
People
$857,250
Median sale
$568/wk
Median rent
3.45%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Modbury at a glance
6,179
People
$857,250
Median sale
$568/wk
Median rent
3.45%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodCapturing exciting corner block potential on a generous allotment, 1 Grove Street delivers a compelling opportunity offering both short-term comfort with exciting future scope firmly in sight. With solid brick 70s foundations, warm timber floors and light-filled interiors, this three-bedroom home offers a welcoming base to move straight into or lease out while longer-term plans take shape.
A lovely formal lounge sets the scene before flowing through to a central kitchen brightened by a skylight and paired with adjoining casual dining for everyday ease to morning routines and mid-week dinners. At the rear, a spacious rumpus framed by wide picture windows looks out across the backyard, adding another layer of living flexibility. Neat lawns, established greenery and a long secure carport behind a leafy frontage complete a setting that feels both comfortable and full of possibility.
Whether you're looking to settle in, landbank or unlock the potential to renovate, redesign or redevelopment (STCC), the options here are hard to ignore. And the location only strengthens the appeal - with Dalaston Reserve just footsteps away, Ardtornish Primary and Modbury High nearby, and Tea Tree Plaza offering vibrant shopping, dining and entertainment within minutes. With the O-Bahn Interchange close at hand for a smooth CBD commute, this is a well-connected address with more to offer than first meets the eye.
FEATURES WE LOVE
• Neat + tidy contemporary property, solid brick foundations, timber floors + light-filled interiors
• Enticing corner allotment inviting exciting size + scope to renovate, redesign, rebuild or subdivide (subject to council conditions)
• Lovely formal lounge entry with wide windows
• Original kitchen + adjoining casual dining, good bench space, abundant cabinetry + skylight
• 3 comfortable bedrooms wrapping around the original bathroom with separate WC
• Practical laundry + ducted evaporative AC throughout
• Large rumpus extension with AC overlooking the low maintenance backyard with easy-care lawns + established fruit trees
• Long multi-car carport, roller door + garden shed
LOCATION
• Around the corner from leafy Dalaston Reserve for park plays or after school energy burn
• A quick walk to Ardtornish Primary + Modbury High for stress-free school runs
• Bustling TTP right at your fingertips for all your brand name retailers, cafés + weekend entertainment
• Great access to the O-Bahn Interchange for effortless commutes to Adelaide CBD
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Norwood RLA 278530
Property Details:
Council | TEA TREE GULLY
Zone | HDN - Housing Diversity Neighbourhood
House | 218sqm(Approx.)
Land | TBCsqm(Approx.)
Built | 1971
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Linda Clemente, Ray White Norwood — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.