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SA › Modbury North › Solandra Cres

15 Solandra Cres, Modbury North SA 5092

House

$705,000

Last sold

9 Aug 2023

3

Bedrooms

2

Bathrooms

1

Car spaces

610 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $705,000 (9 Aug 2023).(Recorded sale)
  • FactLand 610 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Modbury North (last 5 years) with land size: median $1,293/m² of land (n=82). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$705,000

9 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Modbury North (last 5 years) with land size have a median of $1,293/m² of land (n=82). 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.

See the full Modbury North report →

Vs Modbury North

-22.1%

Median sale

Suburb $905,000

+1.00 pp

Gross yield

Suburb 3.50%

Suburb median $905,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$705,0009 Aug 2023
  2. Listedprice unknowncompleted1 Aug 2023
  3. Listedprice unknowncompleted1 Aug 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Modbury North in one glance

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.

See the full Modbury North report →

Keep researching

  • Why Modbury North? Read the area thesis →
  • What else is on the market in Modbury North →
  • Other records on Solandra Cres →

Listing material

Listed by Fox Real Estate

Sold by Rachael Pavli - Spacious allotment, solid conventional home, 2 living rooms.

This home is set well back from the road with North South orientation, behind low maintenance grounds. It is positioned amongst other established homes in a desirable, quiet pocket of Modbury North, a moment to the Solandra Wetlands, walking trails and lots of public transport.

A 1978 built property of solid brick construction, set on approximately 610m² of land it has a frontage of 20m.

A freshly painted 3-bedroom family home, conventional in design, presenting a excellent opportunity for homebuyers wishing to move in now, invest, or renovators looking to modernise – unveil timber floors beneath the carpet!

Read the full description

Developers with an eye for a good block of land will certainly wish to explore the development potential of such a great location, while younger families looking for room to move and space to grow will love the opportunity to purchase now and enjoy the mortgage proof security of the large allotment.

Upon entry you will find a quaint entrance hall. The large L-shaped living/dining room provides views upon the front and rear yards, a great space for your everyday comfort. Central to the home is a light filled kitchen with large picture windows looking over the rear yard and upon Black Hill Conservation Park.

To the rear is the valuable 2nd living area which leads directly to the rear yard. 3 bedrooms, the master complete with walk-in robe and original ensuite bathroom. An original main bathroom has a separate bath and shower and separate toilet. The traditional laundry is large.

A single carport has a roller door with an abundance of additional off-street parking in the long driveway. There is plenty of space in the generous backyard, a blank canvas ready for future improvements with scope for those who enjoy the garden.

Briefly:

- 3 bedroom, solid brick conventional home on large allotment

- Block size of approximately 610m², with a 20m frontage (approx.)

- Ideal opportunity to move in now, or renovate and modernise

- Large L-shaped living/dining room

- Family room

- Entrance hall

- Single carport with front and rear roller doors

- So much space on the larger allotment for any future outdoor improvements

Choose from nearby unzoned primary schools including Redwood Park Primary, East Para Primary Modbury School P-7, & The Heights School. Outstanding private education is available nearby at Gleeson College, Pedare Christian College, Kings Baptist Grammar School & Torrens Valley Christian School.

Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Location:

- Close to local parks, playgrounds and scenic walking trails

- Solandra Reserve and Wetlands is just down the road

- Westfield Tea Tree Plaza is a short drive or easy walk away, for all your retail and entertainment needs. The CBD is approximately 20 minutes by car - or hop on the O Bahn and let someone else do the driving!

Council Rates | $1,898.00 pa

SA Water | $166.30 pq

ESL | $140.70 pa

Year Built | 1978

Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.

All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Listing description written by Rachael Pavli, Fox Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.