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
4
Bedrooms
1
Bathrooms
2
Car spaces
660 m²
Land
263 m²
Building
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 BurnsideIn search of the ultimate family haven you can step straight into that's also a stone's throw to schools, a leisurely stroll to leafy parks and playgrounds, as well as a skip and jump to the bustling TTP? Then look no further than 42 Melrose Street - an impeccably updated modern contemporary beauty, sweeping across a versatile 4-bedroom footprint of light-filled lifestyle ease. The beauty of this 660sqm block is, you don't have to go anywhere!
Completely renovated from front to back, discover wonderful entertaining potential as the now open-plan living, dining and designer Farquhar kitchen combine for one stellar social hub. From wining and dining friends to whipping-up nightly deliciousness for the kids, together with wide windows peering into the spectacular alfresco gliding across gorgeous merbau decking and striking pitched pergola ensuring all-season fun - this picture-perfect property delivers incredible indoor-outdoor action, whether its fresh air lunches, balmy, vino-inspired weekend evenings watching the big game, to all the milestone birthdays you can handle.
Overlooking a sunbathed backyard of lush kid and pet-friendly lawns ready to throw a picnic rug, play and laze the day away, or kick the footy, adults are free to sit back and relax in priceless undercover comfort. The epitome of a big block beauty already becoming harder and harder to come by, and offering excellent living adaptability letting growing to well-established families enjoy modern feature and superb functionality, seizing such gleaming modern living without having to lift a finger is an opportunity that can't be overstated.
Combining exceptional everyday convenience too, this thriving pocket of the north-east will see you walk the kids to school at The Heights only streets away, while on weekends take your pick to stretch the legs and catch up with friends at any number of the nearby reserves. Around the corner from Para Vista IGA for any last-minute essentials, but fair to say you'll be frequent visitors to Tea Tree Plaza serving up all your café needs, department store and brand name outlets, and weekend entertainment. And if commuting into the CBD is a must-have, jump on the O-Bahn and travel traffic-free!
FEATURES WE LOVE
• Beautiful open-plan living, dining and kitchen combining for one stellar entertaining hub, and catching both front and backyard views
• Sparkling modern chef's zone flush with stone bench top, abundant cabinetry and cupboards, glass splashback, WIP and gleaming stainless appliances, including dishwasher, as well as windows looking outside
• 4 generously-sized bedrooms, all featuring handy BIRs
• Light and bright family bathroom with separate shower and bath, as well as separate WC for added daily convenience
• Functional laundry, cosy wall heater in main living, ducted evaporative AC throughout to soothe the summer heat, and bill-busting solar system to take the edge off the bills!
• Stunning outdoor entertaining with beautiful merbau decking, huge pitched pergola featuring ceiling fans and café blinds for all-season comfort
• Spacious and sunny backyard stretching over lush lawns, established hedging, as well veggie garden houses with shade and storage shed/workshop
• Neat and leafy frontage with more lawn space, long driveway and tandem carport
LOCATION
• Walking distance to The Heights School R-12, and closer still to the popular Hargrave Reserve inviting plenty of outdoor play
• Around the corner from Para Vista IGA and Clovercrest Village for all your everyday essentials and tasty takeaway options
• A quick 7-minute zip to the bustling Tea Tree Plaza for all your social catch-ups and café destinations, all your major shopping outlets and weekend entertainment
• Excellent access to the O-Bahn Interchange for hassle-free city-bound commutes
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | TEA TREE GULLY
Zone | GN - General Neighbourhood
Land | 660sqm(Approx.)
House | 263sqm(Approx.)
Built | 1976
Council Rates | $1,845.45pa
Water | $175.01 pq
ESL | $283.60pa
Listing description written by Todd Fromme, Ray White Burnside — reproduced as published, not verified by Districts.