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 › Iliad Grove
$575,000
Last sold
2 June 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
225 m²
Land
141 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
$575,000
2 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Modbury North (last 5 years) with land size have a median of $1,277/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
-36.5%
Median sale
Suburb $905,000
+2.02 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 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 Noakes NickolasLocation & Lifestyle –FIXED PRICE H&L Package!
Positioned in the popular suburb of Modbury North, this brand new to-be-built Torrens-titled House and Land package by Aspire Homes is sure to impress the most discerning of buyers.
From spacious open-plan living with high ceilings throughout and an extensive footprint, these houses offer the best of contemporary living with your very own slice of the desirable cosmopolitan North Eastside living less than 15 minutes from the CBD.
Offering a suburb lifestyle with excellent recreation facilities including Civic Park a short stroll away with it's wonderful greenery and a playground for the kids and pets to enjoy.
Perfectly suited to an array of buyer types including families, professionals, downsizers and first home buyers. You can't match the satisfaction of a custom-built and architecturally designed home with the added benefit of significant savings on stamp duty! *15K First Home Owners Grant Available subject to eligibility.
Allotment 1 (Proposed Res1) = Available
Build Area = 145sqm (approx.)
Site Area = 202sqm (approx.)
Allotment 2 (Proposed Res2) = Sold
Build Area = 136sqm (approx.)
Site Area = 191sqm (approx.)
Allotment 3 (Proposed Res3) = Sold
Build Area = 127sqm (approx.)
Site Area = 181sqm (approx.)
Allotment 4 (Proposed Res4) = Sold
Build Area = 151sqm (approx.)
Site Area = 225sqm (approx.)
Additional features we love:
FIXED PRICE !
- Torrens Titled
- 3 bedrooms all of generously sized proportions
- Master bathroom with ensuite & WIR
- Built-In Robes to other bedrooms
- Floorboards to main areas/tiles to wet areas/carpet to bedrooms
- Designer Kitchen + bathrooms Stone Tops with custom joinery throughout
- Butler's Pantry (Res 1 + Res 2)
- 2.7m ceilings
- Luxury fixtures & fittings throughout
- Floor to ceiling tiled designer bathrooms
- LED downlights to all main areas
- Fully landscaped & low maintenance garden
- Ducted reverse cycle A/C
- Secure lockup garage/carport with panel lift/roller door
- Concrete driveway
- 5 Year Builder Structural Guarantee
- 3 Month maintenance cover from Builder
You are spoilt for choice with the shopping options both the Hope Valley Shopping Centre and all the shopping and entertainment that Tea Tree Plaza has to offer is only a quick 4min (approx.) drive away. Easy access to the CBD via the O'Bahn Interchange and a variety of local parks. In close proximity to a variety of excellent public and private schools, including Modbury High, Redwood Park Primary, Kildare College and Torrens Valley Christian.
CT: TBA
Land Area: TBA
Title: Torrens
Council: City of Tea Tree Gully
Council Rates: TBA
SA Water: TBA
Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.
Listing description written by Matthew Anand, Noakes Nickolas — reproduced as published, not verified by Districts.
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