Thinking about buying in Modbury? Now could not be a better time, with 4328 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $572,000 with prices in this suburb ranging from $217,000 to $1,578,000. The aproximate distance to the coast is 10 Km.

Modbury Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Modbury due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Modbury classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Modbury necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Modbury

	12 faehse st, modbury, sa, 5092	6	2	2	$780,000 - Best Offers By 16/12/24
	house 4, 3 grove st, modbury, sa, 5092	3	3	1	Price Guide: $740K - $770K
	1 loch lomond dr, modbury, sa, 5092	3	2	2	Please Call
	unit 11, 26-28 crozier av, modbury, sa, 5092	2	1	1	Please Call
	20a pompoota rd, modbury, sa, 5092	3	2	2	Please Call
	unit 3, 58 pompoota rd, modbury, sa, 5092	3	1	1	Please Call
	38 connie st, modbury, sa, 5092	3	2	1	760000
	10 faulkner st, modbury, sa, 5092	3	1	2	699000

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