Property value increases in Modbury have tracked close to the SA average of 4.22% over the last 12 months.
Modbury,5092 was ranked 2184 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 7.58 sales per month, which equates to 91 per year.
Situated 12.75km from the CBD, Modbury is one of Tea Tree Gully localities in the postcode 5092.
With a capital gain of 12.30% for the last 12 months, Modbury, 5092 has performed for property investments than its average annual 3.40% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Modbury comes in at number 116th in SA.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.40%, investors should hope to achieve an overall return of 5.06%