14B Carribean Terrace, Modbury Heights SA 5092

14B Carribean Terrace, Modbury Heights SA 5092
Modern row house | 2017 built | ducted reverse cycle | near O-Bahn & schools | low-maintenance courtyard This property presents a competitively strong, low-maintenance housing solution in a family-established suburb. Its 2017 construction with premium finishes like ducted heating and cooling, a modern kitchen, and a single-level layout is rare for the price point in this format, serving first-home buyers or downsizers seeking modern convenience without compromise. The proximity to the O-Bahn interchange and quality schools anchors its enduring appeal to owner-occupiers and supports consistent rental demand, evidenced by its prior tenancy. Proceed with the understanding that its strata-titled row house configuration on a 236m² lot inherently limits land value appreciation and subjects you to owners corporation fees and bylaws. The single car space may constrain future resale to multi-vehicle families. For a buyer, the commercial logic is to hold this as a long-term, low-effort residence or a stable rental; it is not a high-growth land play. The judgment is to acquire at a disciplined price below the current guide, as its value is in its quality and function, not its underlying land.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Modbury Heights is a family-focused suburb in Adelaide’s northeast corridor, with strong capital growth of 10.65% annually driving its median house price to $852,000. Demand is anchored by owner-occupiers upgrading for its transport links and by investors targeting a robust 4.12% gross rental yield, supported by a tight rental market with a 0.34% vacancy rate. However, this rapid price growth introduces rate sensitivity, while limited supply, evidenced by just 39 median days on market, pressures affordability.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

236m²

Built

Recent Assessments