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 › Michael Ave
$595,000
Last sold
31 Oct 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
580 m²
Land
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
$595,000
31 Oct 2022 · 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.
Vs Modbury North
-34.3%
Median sale
Suburb $905,000
+1.83 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 All AdelaidePerfectly positioned on a generous 580m² corner allotment, this upgraded, mid 1960s constructed home boasts 3 generous bedrooms ample living space across a generous traditional layout. If your family needs more than a courtyard home to grow, live and create, then consider the advantages of larger allotment living and the benefits of having your own open space. The home offers sleek tiled flooring and fresh neutral tones to the living areas and fresh quality carpets to the bedrooms. Ambient natural light gently enters through traditional large windows, creating a bright and engaging living space, ideal for the growing family.
Relax in a generous living room where there is so much space for a variety of furniture styles. Ducted evaporative cooling and ducted gas heating ensure your year-round comfort. An 8 panel solar system will reduce those nasty energy bills. Enjoy family meals in a generous combined kitchen/dining room, the perfect spot for the family to meet and engage. Cook in style with upgraded amenities including sleek tiled splashbacks, crisp modern cabinetry, stone look bench tops, stainless steel appliances, plenty of overhead's and heaps of cupboard space. The home offers 3 spacious bedrooms, all well proportioned with quality carpets and built-in robes. Appealing wet areas include a renovated main bathroom with frameless shower screen, floor to ceiling tiles, rail and rain shower and wide vanity. A separate toilet, and walk-through laundry with exterior access door complete an impressive interior.
Entertain outdoors, alfresco style under a generous rear verandah, a great spot to cook up the barbecue while the kids play on the adjacent large lawn covered side yard with established gardens.
A single carport will accommodate the family car, and there is extra parking available in a wide front yard and a handy 2nd driveway from the side street and front sliding gate for privacy. A terrific offering, ideal for younger buyers, families starting out or investors looking for success.
Briefly:
* Spacious, 3 bedroom home on generous corner allotment of 580 m²
* Great location positioned amongst other quality homes
* Crisp porcelain tiles, LED downlights and fresh neutral tones
* Large living room with abundant natural light
* Combined kitchen/meals with ample room for the dining table
* Kitchen offers sleek tiled splashbacks, crisp modern cabinetry, stone look bench tops, stainless steel appliances & plenty of overhead's
* 3 spacious bedrooms, all double bed capable, all with quality carpets, all with built-in robes
* Renovated main bathroom with frameless shower screen, floor to ceiling tiles, rail and rain shower and wide vanity
* Ducted evaporative cooling and ducted gas heating
* Separate toilet
* Walk-through laundry with exterior access
* Wide rear verandah, ideal for outdoor living
* Generous lawn covered side yard with established gardens
* Single carport and ample off street parking
* 2nd driveway from the side street
* 8 Panel solar system for reduced energy bills
* Front sliding gate for privacy
* Sweeping front yard, ideal for the interested gardener
* Ideal starter, terrific investment or the perfect upgrade
* Fresh modern fencing, garden shed
Ideally located in a quiet street and set amongst other quality homes, within easy reach of desirable amenities. There are numerous local schools available including Para Vista and Ingle Farm Primary Schools, along with The Heights School, East Para Primary, Valley View Secondary and Modbury West School.
World class shopping facilities can be found at Westfield Tea Tree Plaza only a few minutes down the road. Public transport is only a short walk to Kelly Road or Montague Road. There are bountiful parks and reserves in the local area, ideal for your sport and recreation, with Burragah Reserve and Recreation Centre just around the corner, and Armstrong Reserve only a few blocks away.
This property is currently tenanted on a fixed term contract till 31st March 2023, Weekly rental is $500 per week.
Listing description written by Brijesh Mishra, All Adelaide — reproduced as published, not verified by Districts.