SA has seen average median house prices change by 3.56% which means that Modbury, 5092 has done well for property investors by showing a capital gain of -0.35% over the last year
Taking the average capital gain, or increase in median house value, Modbury,5092 has racked up an average of -0.35% over the period. This ranks it number 2808th in the whole country for real estate investors looking at median house price increases.
Modbury, 5092 is offering SA ‘s 252th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% 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 54.87 days.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
Investment property in Modbury has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.25%
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Modbury, 5092. Typically our figures indicate that -4.96% is being offered, which puts this SA suburb at 732th most discounted overall in Australia.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.