Thinking about buying in Modbury North? Now could not be a better time, with 2838 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $644,000 with prices in this suburb ranging from $271,000 to $9,139,000. Modbury North is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Modbury North 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. Incomes in Modbury North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Modbury North 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. High density population in Modbury North requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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 North

	19a beltana av, modbury north, sa, 5092	3	2	1	$740,000
	27 michael av, modbury north, sa, 5092	4	1	1	$695,000 - $745,000
	6 sherwell av, modbury north, sa, 5092	3	1	4	Contact Agent
	5 limosa ct, modbury north, sa, 5092	5	3	1	Please Call
	unit 3, 38 golden grove rd, modbury north, sa, 5092	4	2	4	600000

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General Points of Interest

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