824A North East Road, Modbury SA 5092

824A North East Road, Modbury SA 5092
This 0-bedroom, 3-bathroom residential land with 0 car spaces is positioned in Modbury SA. The property is presenting a blank canvas for future development (STCA).
Detailed Independent Property Report prepared  by PropCred Analyst team for 824A North East Road, Modbury SA 5092
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✓
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Market Insight

Modbury 5092 is drawing buyers on affordability plus proximity to Tea Tree Plaza, the hospital precinct and the O-Bahn, appealing to families, professionals and investors chasing solid rental demand. Development-ready parcels around the urban activity centre and spillover from north-eastern growth corridors keep upside alive, though some stock is now taking around two months to turn over so pacing matters. Prices have nudged upward over the past six months, with low- to mid-single-digit house growth and rents still trending higher.
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PropCred Estimated Value

Bedrooms

-

Bathroom

3

Parking

-

Land

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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