24 Aistrope Avenue, Modbury North SA 5092

24 Aistrope Avenue, Modbury North SA 5092
Large family home on 800mΒ² | 2013 build with pool & solar | Four-car parking | No overlays This property presents a compelling, low-maintenance family proposition, distinguished by its larger-than-typical landholding and modern construction within a suburb of predominantly older stock. The combination of four bedrooms, multiple living zones, and substantial off-street parking caters directly to established families seeking space and contemporary finishes without renovation overhead. Its lack of development overlays simplifies the purchase process and future planning. The primary decision point is reconciling significant data discrepancies on built area, which necessitates a measured valuation approach against the sole, lower-valued comparable next door. The commercial logic is securing a turnkey, energy-efficient home on a sizable parcel, a rare offering here. Proceed with a building inspection to verify dimensions, then hold as a long-term family residence to capitalise on its scarcity value. Recent comparable sale: * 22 Aistrope Avenue (adjacent): 4 bedrooms, estimated $864,000 (off-market). This single data point suggests a notable premium for the subject property, justified by its newer build, pool, and superior presentation, but underscores the need for cautious, evidence-based price negotiation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Modbury North is a well-established, family-oriented suburb with strong professional demographics driving demand. Recent price growth has been robust, supported by tight rental vacancy and low sales inventory, indicating a competitive market. Future demand is underpinned by steady population growth and established infrastructure, though affordability constraints and limited housing supply present key risks to sustained momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

800mΒ²

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