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SA › Modbury North › Lobelia Rd

24 Lobelia Rd, Modbury North SA 5092

House

$660,000

Last sold

18 Mar 2024

4

Bedrooms

2

Bathrooms

1

Car spaces

661 m²

Land

113 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 $660,000 (18 Mar 2024).(Recorded sale)
  • CalculationLand 661 m² against a 113 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

$660,000

18 Mar 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

-27.1%

Median sale

Suburb $905,000

+1.31 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$660,00018 Mar 2024
  2. Listedprice unknowncompleted14 Feb 2024
  3. Listedprice unknowncompleted14 Feb 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 Lobelia Rd →

Listing material

Listed by REAL Agents & Auctioneers

Feature packed with flexible living options all in a fantastic location

Really excited to bring you this amazing home to the market. 3 good sized bedrooms under the main roof, each has c'fans and master includes mirrored b.i.r, the external rumpus/games room is a great size inc heat and cooling, perfect for the teenager and can easily become that 4th bedroom if needed. Living areas are all very open plan, lounge includes feature gas heating and c'fan, kitchen has d/w corner pantry loads of storage space and overlooks the tiled dining space and the large formal entrance area that could include a study nook, really must be seen to appreciate all the flexible options.

Outside begins with very easy care established front garden, impressive second driveway perfect for caravan, boat and work vehicles, the front also includes a large private verandah area which is just another fantastic feature of this amazing home.

Dble length carport with roller door access to the rear, all that are lucky enough to view will love the private and huge undercover entertaining space, includes built in b.b.q, quality range hood and dble sink wet area, really is a massive space and sure to impress. Rear yard also includes multiple large aviaries ideal for birds/reptiles, 2x good sized garden sheds perfect for storage and hobbies. Rear is extremely easy care and low maintenance.

Read the full description

Extra features:

-Ducted evap cooling

-Stained timber flooring

-Seperate toilet

-Bathroom has digital hot water control

-Extra storage

-2x Rainwater tanks

-Planter boxes

Located on approx 661 Sqm and only minutes away from the Plaza, spoiled for local shops, schools, parks and public transport. If you are looking for something special

in a hugely desirable location then contact me now and I will be more than honoured to take you through privately or come and view at the next open home. All offers being presented so get in quick before this crazy market has this amazing home sold and under contract.

RLA 232366

Listing description written by David Smith, 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.