If you compare the increase in value of investment property in Modbury, 5092 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -1.10%.
The five-year average increase in median property values for Modbury,5092 has given property investors a potential capital gain of 12.81% across each of those five years.
At number 333th of SA’s most discounted properties, Modbury is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Modbury have been waiting around 52.76 days to sell a property.
Advertised rents are around the $325 mark per week – giving a return of 4.68% based on the median price in Suburb
Investment property in Modbury has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.96%
Over the longer term, Modbury has seen property prices show investors a -4.58% return over the last 3 years. This is an improvement over the last 12 months
Modbury, 5092 is offering SA ‘s 91th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.
Often selling an investment property can take time, and in Modbury the average time real estate has been on the market is 97.05 days.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.