3 Axiom Court, Modbury Heights SA 5092
3 Axiom Court, Modbury Heights SA 5092
renovated 3-bedroom house on a corner block facing a reserve | 149m² internal area on a 325m² low-maintenance allotment | built in 1997 and recently modernised | suits families and downsizers seeking convenience and outdoor outlook
This house occupies a corner allotment directly opposite a reserve, which provides a more open streetscape and a permanent outlook that is uncommon for a property of this size in the area. The 149m² internal floorplan is practical for a three-bedroom configuration, and the recent renovation means the interior finishes should feel current without requiring immediate work. The 325m² land area is modest but low-maintenance, which appeals strongly to owner-occupiers who want a house with parking and outdoor space but not the upkeep of a large block. The property is best suited to families prioritising school catchment access and downsizers who value a single-level house with a reserve-facing position and nearby amenities.
The value of this property may be influenced by its position on a corner block, which can offer side access and reduced neighbour proximity but may also involve narrower frontage or less private rear yard space than a standard lot. The 1997 build date places it in an intermediate age bracket, meaning it is newer than many established homes in the area but older than current new builds, and the quality of the renovation will be a key factor in how it compares to fully updated stock. The internal area of 149m² is generous for a three-bedroom house of this era, though buyers should verify whether the floorplan includes formal living zones or is more open-plan, as this affects daily use and resale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Axiom Court, Modbury Heights SA 5092
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
325m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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