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.
4
Bedrooms
2
Bathrooms
4
Car spaces
909 m²
Land
336 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
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 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 NorwoodSet on an expansive 909sqm parcel with a 19.81m frontage, in a quiet cul-de-sac footsteps from TTP, 15 Grove Street is the perfect blend of nostalgia and opportunity. A near all-original mid-century classic, this much-loved home is ready to reward the visionary buyer with an address that promises lifestyle convenience and development potential in equal measure (STCC). With leafy reserves, local schools, and major shopping and dining all within a casual stroll, the stage is set for something special to unfold.
Faithfully serving its family for decades, this 4-bedroom home retains all the warmth and character of its era, offering a formal lounge and dining either side of the timber-clad kitchen, while a wide rear verandah gazes out over a sun-bathed backyard that stretches deep into the block. Whether your sights are set on a fresh renovation, a live-in or lease-out investment, or a complete redesign for future growth, the possibilities here are as exciting as they are endless.
And it's that development scope that truly makes the magic happen - over 900sqm opening the door to everything from a luxury new family home, a stylish dual-dwelling subdivision, or even a boutique row of contemporary townhouses (STCC). With scale, location, and potential all on its side, this is your chance to turn a Modbury classic into the next great success story!
FEATURES WE LOVE
• Incredible 909sqm (approx.) allotment with a 19.81m frontage inviting exciting rental, redesign or redevelopment possibilities (subject to council conditions)
• Dependable mid-century charm well-maintained + much-loved
• Versatile 4-bedroom floorplan; main with ensuite
• Light-filled lounge + formal dining options
• Updated contemporary kitchen + casual meals featuring abundant timber-clad cabinetry, great bench space, gleaming stainless appliances, electric cook top + back yard views
• Original bathroom + laundry, ducted AC throughout
• Sweeping back verandah, drive-through carport with roller door + rear garage
• Sprawling north-facing backyard, deep frontage, long driveway
LOCATION
• A leisure stroll to Dalaston Reserve, Ardtornish Primary + Modbury High for excellent family-friendly convenience
• Moments from busy TTP for all your retail therapy, café catch-ups + weekend entertainment right at your fingertips
• Walk to TTP's Park'n'Ride for stress-free commutes to Adelaide CBD on the O'Bahn
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
Land | 909sqm(Approx.)
House | 336sqm(Approx.)
Built | 1976
Council Rates | $2,239.00 pa
Water | $201.78 pq
ESL | $159.15 pa
Listing description written by Linda Clemente, Ray White Norwood — reproduced as published, not verified by Districts.