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SA › Modbury North › Hovea Ct

2 Hovea Ct, Modbury North SA 5092

House

$810,000

Last sold

17 May 2024

4

Bedrooms

1

Bathrooms

2

Car spaces

689 m²

Land

158 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $810,000 (17 May 2024).(Recorded sale)
  • CalculationLand 689 m² against a 158 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • 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?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$810,000

17 May 2024 · 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

-10.5%

Median sale

Suburb $905,000

+0.42 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$810,00017 May 2024
  2. Listedprice unknowncompleted15 Apr 2024

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 Hovea Ct →

Listing material

Listed by REAL Agents & Auctioneers

The four with more on a large corner block

Step into the perfect family oasis with this immaculate 4-bedroom, 1-bathroom residence nestled in the heart of Modbury Heights. Situated on a generous corner allotment spanning approximately 689m2, this home offers a harmonious blend of space, comfort, and convenience, making it an ideal haven for families seeking the ultimate lifestyle upgrade.

Location is key, and this property doesn't disappoint. Zoned for the highly acclaimed Modbury Heights Primary & High School, and just a stone's throw away from the bustling Westfield Tea Tree Plaza, public transport options, expansive ovals, and scenic parks, residents here are treated to a lifestyle of unrivalled convenience and accessibility. Whether it's shopping, recreation, or education, everything you need is right at your doorstep.

Tucked away in a serene cul de sac, this residence provides a safe and peaceful environment for families to thrive. Picture your children playing cricket in the safety of this quiet neighbourhood, while you relax knowing they're enjoying the best of suburban living. Plus, with NBN connectivity, security cameras, ducted evaporative air conditioning, and a gas wall heater, modern comforts are seamlessly integrated into everyday life, ensuring your family's needs are met all year round.

Read the full description

Upon entering, you'll be greeted by a sense of warmth and elegance that permeates throughout the home. The interior boasts a thoughtful layout, featuring a separate slated entrance and hallway, exquisite solid timber doors, and plush carpeting in all bedrooms, creating a welcoming atmosphere that invites you to unwind and relax.

The heart of the home lies in the spacious open-plan living area, where a tiled family room seamlessly flows into the updated kitchen, offering the perfect setting for family gatherings and entertaining. The kitchen is a chef's delight, boasting a stainless steel dishwasher, gas cooktops, and electric oven, along with ample bench and cupboard space, a breakfast bar, and a charming tiled splashback that adds a touch of sophistication to the space.

Adjacent to the kitchen is a light-filled dining area with slate flooring, providing the perfect spot to enjoy casual meals with loved ones. Meanwhile, the generous lounge area offers a tranquil retreat, with sizeable windows allowing natural light to flood the space, creating an inviting ambiance that's perfect for unwinding after a long day.

The sleeping quarters are equally impressive, with a large master bedroom featuring a walkthrough robe, while the bathroom doubles as an ensuite, complete with an extra deep bath, large vanity, shower, and separate toilet, offering a luxurious sanctuary for relaxation and rejuvenation. A second toilet resides next to the generous laundry.

Outside, the property continues to impress, with an array of features designed to enhance your outdoor lifestyle. A striking decorative timber front fence adds curb appeal, while a fire pit and country-inspired shelter provide the perfect setting for alfresco dining and entertaining. Off-street parking is abundant, with space for up to 8 cars, along with a double garage featuring a cozy office or child's retreat, ensuring there's plenty of room for the whole family and more.

Additional highlights include provision for caravan or boat storage behind secure gates, a rear verandah overlooking a lush grassed area, perfect for your pampered pooch to roam, a watering system for easy garden maintenance, a toolshed with a concrete floor for storage convenience, and a modular rainwater tank for sustainable living. An approx. 3kw solar system is a welcomed addition.

Privacy is paramount, with high fences surrounding the property, creating a serene sanctuary where you can truly unwind and enjoy the peace and tranquillity of your surroundings.

In summary, this property offers the perfect blend of lifestyle, low maintenance, luxury, and location, making it the ideal family home for those seeking a slice of suburban paradise. Don't miss your chance to make this dream home yours - enquire now to arrange your inspection and secure your future in this sought-after neighbourhood.

RLA 232366

Listing description written by Andy White, REAL Agents & Auctioneers — 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.