7/41 Corroboree Road, Modbury North SA 5092
7/41 Corroboree Road, Modbury North SA 5092
3-bedroom unit with two car spaces | quiet cul-de-sac next to reserve | part of an 8-property complex | compact 143mยฒ land parcel
This property offers a genuinely useful configuration for a unit, three bedrooms and two car spaces on a small but manageable lot. It sits in a quiet cul-de-sac adjacent to Burragah Reserve, which gives it a low-traffic, open-space advantage that many units in this price range lack. The complex itself is modest at eight properties, which can mean lower body corporate fees and fewer shared amenity disputes. This unit would suit a small family, a downsizer who still needs room for guests or a home office, or an investor targeting tenants who value space and parking over a large garden.
The value picture here hinges on condition and finish, which are not confirmed. A well-maintained interior with modern updates could justify a price near the upper end of what similar units in the area might command. However, the building age and the lack of verified details on renovations, floor level, or aspect mean a buyer should factor in potential upgrade costs. The 2011 sale of a smaller unit in the same complex at $285,000 offers a historical anchor, but the market has shifted significantly since then. A thorough building inspection and a review of strata records are essential before forming a firm price view.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 7/41 Corroboree Road, Modbury North SA 5092
Market Insight:
Modbury North is a well-established, family-oriented suburb with strong professional demographics driving demand. Recent price growth has been robust, supported by tight rental vacancy and low sales inventory, indicating a competitive market. Future demand is underpinned by steady population growth and established infrastructure, though affordability constraints and limited housing supply present key risks to sustained momentum.