Modbury Heights at a glance
6,957
People
$910,000
Median sale
$596/wk
Median rent
3.41%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Modbury Heights › Melrose St
3
Bedrooms
1
Bathrooms
1
Car spaces
620 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Modbury Heights (last 5 years) with land size have a median of $1,267/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Modbury Heights at a glance
6,957
People
$910,000
Median sale
$596/wk
Median rent
3.41%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
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 $596/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 Heights at a glance
6,957
People
$910,000
Median sale
$596/wk
Median rent
3.41%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Modbury DulwichPresented by your local real estate agent Mohit Gupta of Ray White Modbury is this lovely family home in one of Adelaide's most sought after communities being Modbury Heights.
Situated on a generously sized allotment of approximately 620m2 ample space provides a multitude of internal and external possibilities moving forward.
Currently tenanted on a fixed term lease until the 13th of July 2023 with a rental return of $550.00 per week, investors will find immediate value should they decide to hold and continue to lease the property while their investment grows over time.
Located within minutes from The Heights Shopping Centre, Hargrave and Kestral Reserves, public transportation options along Ladywood Road and minutes from Westfield Tea Tree Plaza and Bus Interchange, Modbury Hospital and being zoned to The Heights School (P-12). This is an opportunity to purchase into a hotly contested pocket of an amazing local community.
This home has some very unique features which consist of but are not limited to:
• Immediate liveability upon entry with polished timber flooring and ducted evaporative cooling throughout.
• 3 spacious bedrooms all complete with built in robes and reverse cycle heating and cooling units.
• The kitchen includes ample countertop space, a gas cooktop, a double sink and overhead cupboards.
• Luxurious bathroom with its own toilet and floor to ceiling tiles. Separate fully renovated toilet located adjacent to the bathroom.
• The living area provides enough space to customise to your liking, as well as featuring a reverse cycle heating and cooling unit.
• An open plan living and dining area that leads through to the back yard, creating a natural flow through the home.
• Solar panels that generate up to 15 cents per kw.
• Spacious undercover deck overlooking the back garden that also includes café blinds to maximise comfort and privacy.
• A fully renovated laundry that features countertop space, a sink, overhead cupboards, a linen cupboard, ample room for a washing machine and direct access to the back yard.
• Gas hot water heating system.
• Water filtration system that services the whole house.
• Parking for one under the secure automated carport with multiple open parking down the driveway.
• A tool shed at the side of the property for extra storage.
• Low maintenance, manicured front and back gardens perfect for active children and pets.
• Zoned for and in close proximity to The Heights School and Wynn Vale Primary School.
• NO EASEMENTS OR SIGNIFICANT TREES.
• Local places of worship include Revival City Church on Milne Road and Gurdwara Sahib on Famechon Crescent, Modbury North.
• Within close proximity to The Heights Shopping Centre, The Heights School, local parks and reserves, Westfield Tea Tree Plaza and bus interchange, Modbury Hospital and many other amenities.
With so many features and located within minutes to so many amazing local amenities an in person inspection is an absolute must!
Please note that all questions can be directed to Mohit Gupta of Ray White Modbury on 0421472034.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA-322341
Listing description written by Mohit Gupta, Ray White Modbury Dulwich — reproduced as published, not verified by Districts.