3 Cumberland AvenueModbury Heights SA 5092
Property Details for 3 Cumberland Ave, Modbury Heights
3 Cumberland Ave, Modbury Heights is a 4 bedroom, 2 bathroom House and was built in 1971. The property has a land size of 714m2 and floor size of 146m2.
Last Listing description (February 2021)
A rare opportunity indeed to purchase in this tightly held pocket of Modbury Heights. Either subdivide the block or spend some time and money refurbishing the spacious home which is in need of substantial renovations.
The wide frontage of 18.29m (approx.) makes this an attractive proposition to developers who would be able to rent the home out and redevelop in future years (STCC). The block measures 18.29 x 38.10m approximately.
The 1970's home is in original condition but is much larger than average. There is a spacious lounge/dine with gas wall furnace, central kitchen with dishwasher and gas cooker and plates and adjoining family room. All 4 bedrooms are of generous proportions with the master bedroom having an ensuite (needs work) and built-in robes & reverse cycle air con. There is also a good sized rear extension which is currently used as a 4th bedroom or possibly study or home office. The rear yard is low maintenance and has a tool shed and plenty of room for the kids.
The relatively level allotment is perfect for redevelopment and the owners will set a realistic reserve.
Auction on site on Monday Dec 21st ,2020 at 6.00pm (USP). The vendor will consider offers prior to auction.
Property History for 3 Cumberland Ave, Modbury Heights, SA 5092
- 08 Dec 2020Listed for Sale UNDER CONTRACT/OFFER
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About Modbury Heights 5092
The size of Modbury Heights is approximately 3.3 square kilometres. It has 24 parks covering nearly 18.8% of total area. The population of Modbury Heights in 2011 was 5,400 people. By 2016 the population was 6,701 showing a population growth of 24.1% in the area during that time. The predominant age group in Modbury Heights is 40-49 years. Households in Modbury Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury Heights work in a clerical occupation. In 2011, 81.3% of the homes in Modbury Heights were owner-occupied compared with 81.3% in 2016.
Modbury Heights has 2,679 properties. Over the last 5 years, Houses in Modbury Heights have seen a 93.79% increase in median value, while Units have seen a 106.51% increase. As at 31 October 2024:
- The median value for Houses in Modbury Heights is $774,043 while the median value for Units is $551,588.
- Houses have a median rent of $600 while Units have a median rent of $300.
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