Modbury is in the bottom 40% in SA when comparing median price capital growth over the last year. Modbury gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.51%.
A 14.25% growth in median value for property investors in Modbury,5092 puts this suburb at number 290th in terms of best performing suburbs in SA
The most recent median price for Modbury is $365600, with sellers offering an average of -5.95% off the asking price.
Residents and property investors in Modbury have been waiting around 50.41 days to sell a property.
Modbury, 5092’s gross rental yield is 4.69%
If you compare the increase in value of investment property in Modbury, 5092 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 5.18%.
Modbury,5092 has offered an average of 5.18% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Modbury 5092 should be seeing an average reduction in asking price of around -5.01% . This means that Modbury is holding prices well when compared to other suburbs in SA.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.