Modbury North at a glance
6,114
People
$905,000
Median sale
$610/wk
Median rent
3.50%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Modbury North › Alawa Ave
4
Bedrooms
1
Bathrooms
1
Car spaces
690 m²
Land
125 m²
Building
Districts View
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 North (last 5 years) with land size have a median of $1,291/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Modbury North at a glance
6,114
People
$905,000
Median sale
$610/wk
Median rent
3.50%
Suburb gross yield
Median sale from 33 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 $610/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
UnknownNearby 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.
Area
Modbury North at a glance
6,114
People
$905,000
Median sale
$610/wk
Median rent
3.50%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Modbury DulwichBrought to you by your local real estate agent Mohit Gupta of Ray White Modbury is this amazing opportunity where both house and location are highly desirable. Situated on a block of approximately 690 square metres with an approximate frontage of 18.87 metres in the R-11 high density zone of the Tea Tree Gully council.
This 4 bedroom property is perfect for the first home buyer looking to get their feet on the property ladder or an investor looking to capitalise on a worthwhile opportunity. Being in the R-11 high density zone, this property can potentially be subdivided into 2-4 blocks (Subject to the necessary planning consent.)
Currently tenanted on a periodic lease of $450 per week, astute investors will see an opportunity to gain highly sought after rental returns while potential development ideas are planned and mapped out.
Located within minutes of Westfield Tea Tree Plaza and Bus Interchange, Modbury Hospital, Modbury Jets Soccer Club, Fairleigh and Solandra Reserves, ample Walking Trails, public transportation options along Montague Road, Golden Grove Road and North East Road while being zoned to The Heights School; this is an opportunity to purchase into an amazing local community.
This home has some very unique features which consist of but are not limited to:
? Picturesque façade and street presence.
? 4 Bedrooms complete with polished timber floors and built in robes to bedrooms 2,3 and 4.
? Sizeable kitchen complete with gas cooktop and dishwasher flowing seamlessly into the dining room creating a real heart to the home.
? Large laundry with separate toilet located adjacent to the kitchen leads to the outdoor veranda and rear yard.
? Spacious bathroom.
? Gas hot water heating with temperature control
? Ducted evaporative cooling.
? Spacious family lounge/rumpus room.
? Large backyard perfect for active children and pets overlooked by the outdoor veranda and barbecue area; perfect for an afternoon spent with family and friends.
? Secure parking for 3 cars with a drive through carport to the massive 4.3mx10.4m shed complete with power connected.
? Rain Water tank
? Side access to the back of the house.
? Local schooling options include Modbury School (P-6), Modbury West School and The Heights School to name a few.
? Nearby places of worship include Revival City Church on Milne Road and Gurdwara Sahib on Famechon Crescent, Modbury North.
With so many features and located within minutes to so many amazing local amenities an in person inspection is an absolute must!
Please note that this property is scheduled to be auctioned on 27/05/2023 @ 2:00 pm and all questions can be directed to Mohit Gupta of Ray White Modbury on 0421472034.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA-322341
Listing description written by Mohit Gupta, Ray White Modbury Dulwich — reproduced as published, not verified by Districts.