8 Pierre Road, Modbury SA 5092
8 Pierre Road, Modbury SA 5092
3 bedroom, 2 bathroom single-level house built 1978 on 646m² with 148m² floor area and 18.9 metre street frontage. No easements. Two bathrooms is the standout configuration edge here.
What is competitively strong about this property is the two bathroom configuration on a single level, which is less common for 1970s builds in this suburb where one bathroom is typical. The generous land size with good street frontage and no easements gives it flexibility that many comparable properties lack. This house serves best a buyer who wants a solid family home with practical layout and room to add value over time without needing to renovate immediately. Its positioning within Modbury is straightforward — it sits in a well established area with reasonable access to Adelaide and local facilities, though it does not carry premium suburb cachet. The value here is in the bones and the block rather than any prestige factor.
Factors that might materially affect value include the age of the original construction and whether major systems like plumbing, electrical, or roofing have been updated since 1978. The single parking space may be a constraint for families with multiple vehicles. The discrepancy between historical and current bathroom count suggests a renovation occurred at some point, and the quality of that work could influence buyer confidence and future maintenance costs. Buyers should verify the condition of the slab, windows, and insulation given the era. The land size and frontage are genuine strengths, but the property’s final value will depend heavily on how much updating has already been done versus what remains to be addressed.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Pierre Road, Modbury SA 5092
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
646m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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