62 Kelly Road, Modbury SA 5092
62 Kelly Road, Modbury SA 5092
3 bed | 1 bath | 1 car | ~586sqm land | single-level house | modest suburban position
This is a straightforward detached house on a moderate land parcel in a well-served suburban pocket. The 3-bedroom, single-bathroom configuration is common in this area but remains functional for first-home buyers, small families, or downsizers seeking single-level living. The land size at roughly 586 square metres offers reasonable outdoor space without being oversized, and the presence of split system heating and cooling adds basic comfort. This property serves best as an entry-level family home or a solid rental investment, given its rental listing at $550 per week suggests consistent demand from tenants seeking affordable suburban housing.
The single bathroom may limit appeal for families who prefer separate facilities, and the absence of a second living area or modern finishes could narrow the buyer pool. The property’s age and construction quality are not confirmed, so renovation costs might factor into the purchase decision. The land parcel, while adequate, does not appear unusually large or well-oriented, and no premium features like multiple car spaces or a desirable aspect are evident. These factors may moderate price growth compared to upgraded homes nearby, so a buyer should weigh potential improvement costs against the asking price carefully.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 62 Kelly Road, Modbury SA 5092
Market Insight:
Modbury is a well-connected, family-oriented suburb attracting young professionals, which underpins strong demand. This demographic is driving robust price and rental growth, particularly in the unit segment, reflecting a dynamic market. Recent conditions show sustained momentum with properties transacting steadily. Future growth is supported by this entrenched demand profile, though affordability pressures and interest rate sensitivity present notable constraints given current price levels.