529 Montague Road, Modbury SA 5092

4-bed house built 1977 | 605m² lot in established suburb | $1.026M valuation | $630/week rental income This is a four-bedroom, one-bathroom house situated on a 605-square-metre block in Modbury, a mature residential area within the Tea Tree Gully council region. The dwelling was constructed in 1977 and has undergone recent refreshing, positioning it as move-in ready. The building footprint spans 208 square metres with a building coverage of 34 percent, leaving substantial outdoor space. The property offers four car spaces including two garage spaces and two open spaces. The configuration suits multiple buyer segments. First-time buyers benefit from the established neighbourhood character and proximity to essential services. Growing families appreciate the four-bedroom layout and generous land size. Investors find appeal in the estimated weekly rental yield of $630, with a high-confidence range between $580 and $675 per week. Downsizers may value the reduced maintenance footprint compared to larger properties while retaining adequate space. Location positioning places the property within the Modbury High School catchment. The area demonstrates stable owner-occupancy rates at 67 percent, indicating strong community retention. Demographics skew toward older residents, with 33 percent aged 60 and above, suggesting an established neighbourhood with lower turnover. The property benefits from reliable NBN Fibre to the Premises connectivity and 5G mobile coverage. Recent comparable sales on the same street show variation. A four-bedroom property at 533 Montague Road sold for $930,000, while a three-bedroom at 515 Montague Road achieved $805,000, indicating price sensitivity to bedroom count and land size. The property carries no bushfire, flood, or heritage overlays, reducing regulatory constraints. Growth potential derives from the established infrastructure, proximity to schools, and the substantial land holding relative to building size, offering future development or extension possibilities. The primary consideration involves the single-bathroom configuration, which may limit appeal to larger households or investors seeking premium rental positioning.