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 › Milne Rd
$633,000
Last sold
22 Feb 2024
3
Bedrooms
1
Bathrooms
2
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
$633,000
22 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Modbury Heights (last 5 years) with land size have a median of $1,272/m² of land (n=108). 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.
Vs Modbury Heights
-30.4%
Median sale
Suburb $910,000
+1.49 pp
Gross yield
Suburb 3.41%
Suburb median $910,000 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 $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 First National Real Estate Burton GrovesLook no further, a great opportunity to secure an ideal family home in one of the most highly sought-after suburbs in the North East that would suit first time home buyers and also investors/developers looking to increase their property portfolio.
The versatile floor plan offers a separate spacious lounge and a casual meals/dine area adjacent to the well equipped kitchen that is complete with gas cooking, ample bench and cupboard space plus a convenient breakfast bar and easy slide door access to the outdoor undercover entertaining area. There are built in robes to the main and second bedroom and all three bedrooms are serviced by an updated main bathroom.
Other features include floating floorboards, linen cupboards, ducted gas heating and ducted cooling.
Outside offers undercover entertainment area that looks out to a large lawn area, fenced front yard and ample off street parking provided by a good sized driveway that leads to a carport with drive though access to a large approx. 7.7mtr x 4.9mtr garage set to the rear of the property, ideal for storage or the home handy person/tradesperson. Established low maintenance gardens all set on a generous approx. 665sqm allotment with plenty of room for kids and pets to play.
Potential to redevelop/subdivide this good sized approx. 665sqm symmetrical allotment with an approx. 18.35mtr frontage x approx. 34mtr depth all subject to necessary consents.
Located close to Heights School catering for primary level right up to high school level, Modbury Heights Shopping Centre which includes Woolworths and an array of variety shops, Doctors Surgery, easy access public transport that connects to the O-bahn for direct transport corridor to the city. Minutes to Tea Tree Plaza Shopping, Golden Grove Village Shopping, Pedare, Golden Grove High and Gleeson College.
Connie Tripodi 0412505132 or Joe Tripodi 0402095281
Burton Groves First National Real Estate Tea Tree Gully 0412505132
Listing description written by Connie Tripodi, First National Real Estate Burton Groves — reproduced as published, not verified by Districts.