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 › Welkin Ct
$1,050,000
Last sold
10 Mar 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
683 m²
Land
267 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
$1,050,000
10 Mar 2025 · 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
+16.0%
Median sale
Suburb $905,000
-0.48 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 MichaelKris Real EstateA Unique Character Home with Sweeping City and Hillside Views!
Nestled seamlessly into the natural hillside, offering a lifestyle for those who value individuality and charm. Subtle modern touches elevate its aesthetic and ambiance, while sweeping urban views, from the city to the hills, create a stunning backdrop. Every corner of this residence reflects its timeless and distinctive character, perfect for those seeking a home that stands apart.
From the character-rich timber finishes to the renovated kitchen and the clever layout featuring four or five bedrooms, two separate living areas, and two bathrooms, this home is designed to make the most of its stunning location. Perfect for a growing family, it seamlessly blends natural elements with architectural style, offering a truly unique appeal and plenty of space to move. You have to see it to fully appreciate its charm.
This residence occupies a prime position among prestigious properties in a highly sought-after location. Situated less than 16 kilometers from Adelaide's CBD, it perfectly balances accessibility and lifestyle. With Tea Tree Plaza just moments away, you'll have easy access to shopping, dining, and entertainment. The O-Bahn provides fast and convenient transport into the city, while the nearby Dry Creek Linear Park trail offers a serene escape for walking your dog or biking, blending urban convenience with tranquil suburban living.
A truly unique home in an equally exceptional location, come see for yourself.
Features:
- 267 sqm architectural designed residence, built into the 683 sqm hillside allotment
-Expansive, uninterrupted panoramic views stretching from the city skyline to the Adelaide Hills.
-Flexible and light-filled living areas
-Versatile five-bedroom layout, or utilise as four bedrooms plus a study.
-Main bedroom with balcony access, offering a private retreat to enjoy the views
-Renovated modern kitchen featuring a 900mm-wide, 5-burner gas stove, 'Caesarstone' benchtops, and a dishwasher
-Double doors open to a spacious entry, setting the tone with character and charm
-Two separate bathrooms, one including an internal spa
-Ducted reverse cycle air-conditioning
-Ample storage throughout the home
-Built-in robes to bedrooms 1, 3 & 4
-Two undercover outdoor entertaining spaces with breathtaking views, including one area equipped with a built-in outdoor kitchen, outdoor setting and BBQ.
-Undercroft double-width garage with automatic doors and internal access.
-Additional parking with a separate driveway access for a small boat, trailer, or extra vehicles, without interfering with main driveway access.
-Lush landscaped gardens with elevated side areas featuring mature trees and hedging, ideal for privacy and a space for pets.
-Roof replaced approximately 3 years ago
-Many more features to discover upon inspection
This home stands as a testament to those who value individuality, unique living spaces, quality craftsmanship, and views.
Year built: 1993
Land size: 683 sqm (approximate)
Living size: 267 sqm (approximate)
Council: City of Tea Tree Gully
Council rates: $2708.70 per annum
Matthew Lee
MichaelKris Real Estate
RLA 212749
Information Disclaimer: While MichaelKris Real Estate strives to provide accurate information in its listings, all information presented is derived from sources believed to be correct but cannot be guaranteed for completeness or accuracy. Measurements are approximate and should be independently verified by qualified professionals. Potential buyers are advised to conduct their own due diligence and seek professional advice before making any decisions.
Listing description written by Matthew Lee, MichaelKris Real Estate — reproduced as published, not verified by Districts.