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
$775,000
Last sold
14 Aug 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
723 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
$775,000
14 Aug 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
-14.8%
Median sale
Suburb $910,000
+0.59 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 Deluxe Real EstateBest Offers by Tuesday 13th August (Unless Sold Prior)
In the ever-growing green landscapes of Modbury Heights, the perfect opportunity for both investors, first-time homebuyers, and families has arrived. Ilana De Palma from Deluxe Real Estate is proud to present this refreshing opportunity. Nestled on a spacious corner block, this solid winner consisting of 3-bedrooms combines thoughtful design and practicality, with space and comfort in an ever-adaptable floorplan. The sturdy brick façade not only promises durability but also offers timeless appeal that will stand the test of time. This is more than just a home; it's a canvas waiting for your vision. Whether you're looking to enter the property market, seeking a secure investment, or searching for a family home with ample room to grow, this solid gem on a corner throw offers the best of both worlds. Don’t miss out on the opportunity to transform this house into your dream home or the investment that sets you up for your future.
FEATURES TO NOTE:
+ Stepping inside, you are welcomed by an abundance of natural light that bathes the open plan living area, creating an inviting atmosphere perfect for family gatherings or entertaining friends.
+3 Bedrooms, with Master Bedroom featuring ensuite bathroom and built in robes.
Bedroom 2 & 3 featuring built in robes.
+Adaptable flexible floorplan, with several living areas to suit, including:
- an open plan lounge living area with 80's retro bar and a stand or bench style seating.
- A formal dine area, with wood fenced features, that exudes those warm 80's vibrations
- plus, an open plan kitchen and meals area that offers versatility and ease.
+The well-appointed spacious kitchen with gas cooking, dishwasher and ample bench and cupboard space, invites culinary creativity and lasting finishes.
+Main bathroom with Bath, Shower and Vanity
+ Separate w/c
+ Ample internal storage
+ Heating and Cooling
+ Expansive corner block
+ Undercover entertaining area, with plenty of rear yard for kids and pets alike
+ Double carport, with drive through access allows you to house, numerous vehicles, the trailer, camper, boat and possibly more.
+ Rear drive through access to the shed, which can be used as a work site, enthusiast car site, or further allocated parking
+ Many options, offering flexibility to the astute purchaser
With the increasing demand for properties in well-located areas, this home is not just a residence; it’s a strategic purchase. Investors will appreciate the potential for rental income, while families will find everything they need right at their doorstep—parks, shops, and transport links are seconds away. A lifetime investment is yours for the taking.
Not to be missed. For more information on this exciting and refreshing opportunity please contact Ilana De Palma on 0412 949 521.
RLA 294 439
Listing description written by Ilana De Palma, Deluxe Real Estate — reproduced as published, not verified by Districts.