SOLD
Sold on 22 Jul 2024 for $220,000

12/136 Reservoir Road
Modbury SA 5092

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 110m2
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Property Details for 12/136 Reservoir Rd, Modbury

12/136 Reservoir Rd, Modbury is a bedroom, bathroom House. The property has a land size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other bedroom House sold in Modbury in the last 12 months.

Building Type
House
Land Size
110m2
Local Government
Tea Tree Gully
Lot/Plan
F12/C42325

Last Listing description (July 2024)

With the building plan already approved, alongside all other necessary approvals secured, everything is set for the commencement of construction on your new townhouse in Modbury.

Welcome to your future oasis nestled in the heart of Modbury. Lot 12 at 136 Reservoir Road offers an unparalleled opportunity to embrace contemporary living in a serene suburban setting.

Situated in the desirable Modbury area, this lot enjoys close proximity to essential amenities including schools, shopping centres, parks, and public transportation hubs, ensuring convenience and connectivity for residents.

Tranquil Surroundings: Escape the hustle and bustle of city life and embrace tranquility with the peaceful surroundings of Modbury. Enjoy leisurely strolls or picnics in nearby parks, fostering a sense of community and relaxation. Moments away from Tea Tree Plaza, Civic Park as well as many other suburb amenities.

With Modbury experiencing steady growth and development, investing in Lot 12 presents an exciting opportunity for capital appreciation and long-term prosperity.

Don't miss out on the chance to make Lot 12, 136 Reservoir Road your own. Whether you're a homeowner or investor, seize this opportunity to secure your slice of suburban paradise. Contact us today to arrange a viewing and start envisioning your future in Modbury!

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Ray White Prospect is taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Community Fees - $65 PQ Approx

Property History for 12/136 Reservoir Rd, Modbury, SA 5092

A timeline of how this property has performed in the market
Last Sold
$220,000
22 Jul 2024
  • 22 Jul 2024
    Sold for $220,000
  • 02 Apr 2024
    Listed for Sale $210,000 - $230,000
  • 11 Jun 2021
    Transferred for $80,000

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About Modbury 5092

The size of Modbury is approximately 3.3 square kilometres. It has 18 parks covering nearly 16.5% of total area. The population of Modbury in 2011 was 4,924 people. By 2016 the population was 5,233 showing a population growth of 6.3% in the area during that time. The predominant age group in Modbury is 30-39 years. Households in Modbury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury work in a professional occupation. In 2011, 66.2% of the homes in Modbury were owner-occupied compared with 64.9% in 2016.

Modbury has 2,773 properties. Over the last 5 years, Houses in Modbury have seen a 94.86% increase in median value, while Units have seen a 88.45% increase. As at 31 July 2024:

  • The median value for Houses in Modbury is $727,161 while the median value for Units is $505,982.
  • Houses have a median rent of $555 while Units have a median rent of $440.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Modbury on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Modbury.

Suburb Insights for Modbury 5092

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.