Giving property investors a a stable capital gain of 7.87% for the last year, Modbury, 5092 is the 1345th highest performer in Australia in this respect.
Over the longer term, Modbury has seen property prices show investors a 12.50% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Modbury should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.
Modbury, 5092’s gross rental yield is 4.62%
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 0.99%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Modbury has fallen somewhat when compared to the 5 year average annual rate.
Modbury5092 is located in SA which offers an average discount of -6.20% to property investors. Modbury itself is showing figures that indicate -5.41% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Modbury, 5092’s gross rental yield is 5.71%