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Modbury
AREA REPORTS

Modbury

Modbury - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5092

house
unit

Property investments in MODBURY fare well against the rest of the country last year, registering a median home price increase of 16.07%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MODBURY, 5092 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 49.5 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $487,500.

MODBURY ranks 130th on the list of best yielding suburbs for rental properties in SA, posting a 4.27% return.

Data report can be found below

Modbury
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $487,500 $326,000
GROWTH REPORT
Median Quarterly 7.32% -1.21%
Median 12 month 16.07% -11.53%
Median 3 years 20.37% 25.14%
Median 5 years 35.42% 30.4%
10 years average annual 4.28% 3.01%
Weekly media advert. rent $400 $332.5
Time on Market 49.5 days 48.0 days
Gross Rental Yield Percent 4.27% 5.3%
demographics (median values)*
Total Population
17569
Weekly Household Income
1284
Household Size
2.50
Age
39
Monthly Loan Repayment
1452
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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