72 Solandra Cres, Modbury North SA 5092

72 Solandra Cres, Modbury North SA 5092
5 bedrooms | corner block 661mยฒ | 41% building coverage | The Heights School zone | development optionality The corner allotment and low site coverage create a rare configuration for Modbury North – a house that can be lived in as a large family home or reworked for subdivision or dual occupancy without requiring a knockdown. Five bedrooms on a single level with 271mยฒ of building area gives genuine flexibility for multigenerational living or tenant separation, which is competitively scarce under $1M. This property best suits a buyer who wants holding income with medium-term development optionality, rather than an immediate renovation flip. The main risk is the 1984 build standard – likely original finishes, single-glazed windows, and lower insulation that will cost the buyer in upgrades or energy bills. No recent comparable sales data means the auction price will set the benchmark, not follow it. The positive is the O-Bahn and Tea Tree Plaza proximity, which supports the $685/week rental estimate and keeps resale demand liquid. Buy this to hold for yield and land value, not for cosmetic gain.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

4

Land

661mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat