Modbury North at a glance
6,114
People
$905,000
Median sale
$610/wk
Median rent
3.50%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Modbury North › Michael Ave
3
Bedrooms
1
Bathrooms
0
Car spaces
638 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 North (last 5 years) with land size have a median of $1,291/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Modbury North at a glance
6,114
People
$905,000
Median sale
$610/wk
Median rent
3.50%
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 $610/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
Modbury North at a glance
6,114
People
$905,000
Median sale
$610/wk
Median rent
3.50%
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 fantastic opportunity in the highly sought after suburb of Modbury North.
Perfect for purchasers in all stages of their property journey - first home buyers looking to get their feet onto the property ladder, families looking for a great home in the perfect location; or investors of all kinds looking for an opportunity to renovate the current property and reap highly sought after rental returns or developers looking for a good size block with a very wide frontage.
Welcome to 5 Michael Avenue, Modbury North!
Note - This property is in a fixed lease till 27/05/25 @ $1120 per fortnight and there is a possibility to negotiate an early termination for the right buyer. This subject to all parties agreeing to it.
Situated only a stone's throw away from Clovercrest shopping centre, Clovercrest Hotel, Westfield Tea Tree Plaza and bus interchange, Modbury Hospital, many public transport options on Kelly/Montague road and ample parks within walking distance.
Features of this fantastic home include:
• Approximately 638m2 allotment with an approximate 26.6m frontage.
• Neat front lawns and good street presence.
• Immediate livability upon entry with floating timber floors throughout; as well as split system air conditioning in the living room.
• Gas kitchen with breakfast bar counter, ample cupboard space and a built in pantry.
• 3 Bedrooms completed with ceiling fans, roll-down blinds, carpeted floors.
• 2 bedrooms also include built in robes.
• A contemporary bathroom with walk-in shower, bathtub, new vanity and a separate toilet next door.
• Sizeable laundry with external access yard.
• Large rear shed/workshop/garage in yard providing a abundance of uses.
• Rear paved-Pergola area perfect for a veggie patch.
• Large single carport. Rear access is also provided through the gate that connects the carport and backyard.
• Local schooling options include Modbury West School, Para Vista Primary School and Valley View Secondary School (8-12).
• Local places of worship include Revival City Church on Milne Road, Modbury North and Gurdwara Sahib on Famechon Crescent, Modbury North.
• Within close proximity to Westfield Tea Tree Plaza and bus interchange, Modbury Hospital, The Clovercrest Village as well as ample parks and walking trails.
• NO EASEMENTS OR ENCUMBERENCES registered on the title.
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 this property is scheduled to be auctioned on 06/07/24 @4 pm and all questions can be directed to Mohit Gupta of Ray White Modbury on 0421472034
DISCLAIMER: We have in preparing this document used our best endeavors 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.
Nearby 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.