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SA › Modbury Heights › Leo Cres

3 Leo Cres, Modbury Heights SA 5092

House

$725,000

Last sold

16 Jan 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

359 m²

Land

145 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 $725,000 (16 Jan 2025).(Recorded sale)
  • CalculationRecorded House sales in Modbury Heights (last 5 years) with land size: median $1,265/m² of land (n=108). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$725,000

16 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Modbury Heights (last 5 years) with land size have a median of $1,265/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.

See the full Modbury Heights report →

Vs Modbury Heights

-20.3%

Median sale

Suburb $910,000

+0.86 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 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$725,00016 Jan 2025
  2. Listedprice unknowncompleted12 Nov 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 $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.

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 Heights in one glance

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.

See the full Modbury Heights report →

Keep researching

  • Why Modbury Heights? Read the area thesis →
  • What else is on the market in Modbury Heights →
  • Other records on Leo Cres →

Listing material

Listed by All Adelaide

Immaculate Home in Enviable Location

It is a pleasure to bring to market 3 Leo Crs, Modbury Heights, an immaculately maintained property by one owner for the last 26 years.

Perfectly positioned in a low traffic street on a fully landscaped allotment of approx 359m², this fabulous family home offers both formal and casual living zones across a tidy and spacious floorplan.

Offering a fantastic buying opportunity for a younger family, retirees, first home buyers as well as those looking to secure a standout investment in one of the North East's most sought-after suburbs.

Read the full description

Receive your guests or entertain formally in a vibrant lounge, featuring split system air conditioner and bay window with plantation shutters. Step on through to an adjacent dining room, the ideal setup for dinner parties and formal entertaining, alternatively one can easily convert the room into a study or 4th bedroom.

For casual comfort and everyday relaxation, a large family room provides a delightful, light filled area for your family fun. Generous window placements and sliding glass doors show a seamless interaction between indoor and outdoor living. Enjoy the vista over a beautifully established border gardens and alfresco entertaining, as the outdoors seamlessly blend with the interior providing a tranquil ambiance from every window.

An extremely spacious kitchen overlooks the family room, offering the chef full view through to the outdoors beyond. Sleek country style cabinetry, subway tiled splashback's, modern appliances, wide sink with filtered water, generous pantry and breakfast bar combine to offer stylish amenities.

Step outdoors and embrace the fully landscaped rear yard where sweeping lawns and established gardens add a fresh botanical flavour. A generous verandah covered patio provides a comfortable space for your alfresco entertaining while a handy garden shed, and rainwater tank provide the utilities.

All 3 bedrooms are well proportioned, all double bed capable, all offering fresh quality carpets and built-in robes. The master bedroom features a ceiling fan. A clever three-way bathroom with wide open vanity will cater for those busy school and work mornings while a walk-through laundry offers exterior access.

Your year-round climatic comfort is insured by ducted and split system air-conditioning along with a gas wall furnace, while an oversized single garage with auto roller door provides sheltered accommodation for the family car.

The home is completed by a 24-panel solar system ensuring your energy bills are always low.

Stand out features:

* Neat, sweet and tidy family home on generous 359m² allotment

* Both formal and casual living areas across a generous 3-bedroom design

* Vibrant lounge with split system air conditioner, bay window and plantation shutters

* Formal dining room adjacent the lounge

* Generous casual living/family room with kitchen overlooking

* Spacious kitchen offering sleek country style cabinetry, subway tiled splashback's, modern appliances, wide sink with filtered water, generous pantry and breakfast bar

* Ducted and split system air-conditioning along with a gas wall furnace

* Large alfresco entertaining verandah with vibrant gardens adjacent

* Generous lawn covered rear yard with established landscaping, garden shed and rainwater tank

* 3 carpeted bedrooms with built in robes, 2 with double bed capabilities, the main bedroom offering ample room for a queen size bed

* Master bedroom with ceiling fan

* A three-way bathroom with wide open vanity

* Walk-through laundry with exterior access door

* Oversize single garage with auto roller door and internal access

* Security alarm system

* 24 panel solar system for reduced energy bills

* Secure parking provided in the single garage (with automatic roller doors and direct access to the house) as well as on street parking for extra vehicles and visitors

The elevated position offers stunning sunsets views to great you every evening. Plenty of recreational facilities are also on offer with various parks, reserves and walking trails, the Modbury sport community center, soccer, tennis and bowling clubs, as well as the highly popular Waterworld Aquatic center all just minutes away.

Stand out schools such as Modbury West, Prescott primary, Good Shephard, Pedare , Kings Baptist and St Paul's are all within minutes of the property.

You're equally spoilt for choice with various shopping centers in Modbury Heights, Golden Grove, Ingle Farm and Tea Tree Plaza.

Plenty of public transport is also on hand with a 30-minute drive to the CBD.

This well loved and impeccably maintained property is a sure standout and definitely not one to miss out on!

Please feel free to contact Magosia with any questions you might have.

Listing description written by Magosia Waskowski, All Adelaide — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.