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 › Kelly Rd
$960,000
Last sold
2 Dec 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
669 m²
Land
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
$960,000
2 Dec 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Modbury North (last 5 years) with land size have a median of $1,277/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.
Vs Modbury North
+6.1%
Median sale
Suburb $905,000
-0.20 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 scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 668 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 668 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 668 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Tim Morris Real EstatePLEASE NOTE: This property with council approvals in place for subdivision is being offered for sale by auction "AS IS" and at the Vendor's requests there will be no open inspections.
Anthony Fonovic & Team Morris proudly present to the market this remarkable property with immense potential. Are you ready to seize this rare and extraordinary real estate opportunity? Look no further! Welcome to this generous size 699m2 (approx.) allotment with council approvals in place for subdivision - a treasure trove for astute developers and investors.
Your imagination is the only limit. The existing house on the property is ready to make way for your vision. Imagine the possibilities of subdividing this land and creating two distinct, modern homes or even utilise the entire allotment to build your forever-awaited dream home.
In today's competitive real estate market, opportunities like this don't come around often. A generous landholding is your canvas for a lucrative investment. With council-approved potential to subdivide, envision constructing two magnificent homes, each tailored to your specifications (subject to planning consent).
Investors will appreciate the flexibility to capitalise on dual rental incomes or sell the homes individually for maximum returns.
Opportunities like this are rare. Whether you're a seasoned developer or an investor seeking a prime piece of real estate, this property promises significant returns. This opportunity is one not to be missed so call Anthony Fonovic now on 0411 513 352 or email anthony@timmorrisre.com for further details.
Specifications:-
Title: Torrens 214/9544
Property Type: Residential Land
Council: City Of Tea Tree Gully
Zoning: General Neighbourhood (Z2102) - GN
Frontage: 18.29m (approx)
Depth: 36.56m (approx)
Land Size: 669sqm (approx)
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.
RLA 274675
Listing description written by Anthony Fonovic, Tim Morris Real Estate — reproduced as published, not verified by Districts.