10 Edinburgh Road, Modbury SA 5092
10 Edinburgh Road, Modbury SA 5092
Double-storey house | 659 sqm | opposite parklands | Housing Diversity Zone | subdivision potential
The property is positioned opposite parklands and is set on a generous 659 sqm allotment within the Housing Diversity Neighbourhood Zone. A double-storey residence is offered here with the kind of land and zoning flexibility that is rarely combined in Modbury’s established residential streets. The parkland frontage provides a more open and settled setting than typical infill housing, and the zone is designed to accommodate future density if that is ever pursued. This is a property best matched to a family looking for space and long-term options, or to a buyer who understands the value of land in a changing suburban market.
The subdivision potential may be seen as a meaningful upside, but its value can only be judged by a buyer after checking feasibility, council requirements, and site constraints. The double-storey form might not be preferred by households wanting single-level living, and future value may be driven more by the allotment and zoning than by the house itself. These factors might affect how competing buyers view the price, and they should be weighed against the cost of any future development.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Edinburgh Road, Modbury SA 5092
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Modbury SA 5092 is a well-connected, family-oriented suburb in Greater Adelaide, supported by local school catchments and strong transport links. Demand is driven by younger professionals (20–29) and family households, with high incomes underpinning purchases. Median house prices have climbed to $780,000–$825,000, reflecting annual growth of 6.1%–12.8%, while units range $552,500–$695,000 with growth stretching to 80.3%. Houses sell in 54–75 days, and gross rental yields sit above Adelaide averages; rents are rising sharply as house rents gained 7.8% and unit rents 17.1% annually. Supply is moderate, with just 11 properties listed and 37–129 houses sold per year, but affordability constraints loom, especially with 49% of owners holding mortgages, leaving the market sensitive to rate shifts.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 6/43 Edinburgh Road (3-bed apartment) sold for $755,000 | Property Price Band: 800,000-900,000 | Value Drivers: land size, zoning flexibility, parkland frontage
Bedrooms
4
Bathroom
2
Parking
5
Land
660m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!