SA/
Modbury heights

Suburb Profile

Modbury Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5092

house
unit

Property investors have seen a -0.52% drop in MODBURY HEIGHTS based on a decrease in median home prices for the past three months.

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

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $385,500

Profits averaged 2.86% per annum over a 3-year period, due to an upward trend in home prices in MODBURY HEIGHTS, 5092.

This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

The gross rental yield in MODBURY HEIGHTS, 5092 is 4.72%.

An average of 9.17 real estate transactions take place per month in MODBURY HEIGHTS which translates to 110 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $385,500 $275,000
GROWTH REPORT
Median Quarterly -0.52% N/A
Median 12 month 3.63% 15.06%
Median 3 years 8.58% 15.06%
Median 5 years 13.38% N/A
10 years average annual 3.38% 6.73%
Weekly media advert. rent $350 N/A
Time on Market 53.4 days 0.0 days
Gross Rental Yield Percent 4.72% N/A
demographics (median values)
Total Population
5599
Weekly Household Income
1116
Household Size
2.70
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