Suburb Profile Report for Modbury SA (5092)

Modbury House: Median price $360,000, Annual capital growth 4.72%, Number of sales 88, Weekly median advertised rent $320

Modbury Unit: Median price $255,000, Annual capital growth 3.71%, Number of sales 24, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$360,000 $255,000
-0.35% -0.39%
7.87% 0.99%
4.72% 3.71%
$320 $280
88 24
4.62% 5.71%
56.54 90.29

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4924
Median household income ($/weekly) 923
Median age of persons 38
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 484 9.8
    25-34 years 800 16.2
    35-44 years 624 12.7
    45-54 years 555 11.3
    55-64 years 569 11.6
    Others 1892 38.4
    Age Group
    Census Count Percent(%)
    Registered Married 1713 46.0
    Not Married 1684 45.2
    Defacto Relationship 329 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3142 66.1
    Croatia 167 3.5
    Indonesia 139 2.9
    United Kingdom 471 9.9
    Other 288 6.1
    Others 544 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 110 2.5
    Christianity 2721 60.7
    Hinduism 99 2.2
    Islam 194 4.3
    No Religion 1311 29.2
    Others 49 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 192 10.3
    $400-$599 271 14.5
    $600-$799 234 12.5
    $800-$999 214 11.4
    $1,500-$1,999 236 12.6
    Others 726 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1655 41.0
    Employed, worked full-time 1350 33.5
    Employed, worked part-time 709 17.6
    Unemployed, looking for work 185 4.6
    Employed, away from work 133 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 390 17.8
    Technicians & trades workers 359 16.4
    Community & personal service workers 279 12.7
    Clerical & administrative workers 330 15.0
    Labourers 262 11.9
    Others 573 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 62 5.6
    Infants/Primary 319 28.8
    Secondary 230 20.8
    Technical or Further Educational Institution 152 13.7
    University or other Tertiary Institutions 286 25.8
    Others 58 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3770 82.7
    Semi-detached, row or terrace house, townhouse 684 15.0
    Flat, unit or apartment 106 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 679 34.5
    Being purchased 667 33.9
    Rented 555 28.2
    Other tenure type 66 3.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals