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Sold on 19 Jul 2024 for $465,000

57 Ladywood Road
Modbury North SA 5092

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 500m2
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Property Details for 57 Ladywood Rd, Modbury North

Building Type
Land
Land Size
500m2

Last Listing description (July 2024)

Anthony Fonovic and Team Morris are proud to present this brilliant opportunity to build your own dream home or investment property (subject to Planning Consent) in the highly sought-after suburb of Modbury North.

This fantastic 500sqm (approx) Torrens Title allotment boasting a huge 31.57m (approx) frontage with an outlook over a beautiful reserve is perfect for a wide range of double garage new home designs (subject to Planning Consent) to suit almost any family.

This is an amazing opportunity if you're looking to take advantage of up to $30,000 in the various grants, reliefs and schemes available through Revenue SA to first home buyers (subject to eligibility criteria).

The location is second to none and a perfect place to build your long-awaited dream home with the land being conveniently located only minutes from local schools, sporting facilities, parks and walking trails, plenty of public transport options including bus access within a 100 m from your front door and some of the best shopping that Tea Tree Plaza and the Modbury Heights Shopping Centre has to offer. All this and only a short 15km (approximate) drive to the city.

This rare opportunity is one not to be missed so call Anthony Fonovic now on 0411 513 352 or email anthony@timmorrisre.com for further details.

Specifications:-

CT: 5553/791
Council: Tea Tree Gully Council
Zoning: General Neighbourhood (Z2102)
Frontage: 31.57m (approx)
Land Size: 500m2 (approx)

The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.

RLA 274675

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Property History for 57 Ladywood Rd, Modbury North, SA 5092

A timeline of how this property has performed in the market
Last Sold
$465,000
19 Jul 2024
  • 24 Oct 2024
    Sold for $465,000

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About Modbury North 5092

The size of Modbury North is approximately 2.9 square kilometres. It has 18 parks covering nearly 22.1% of total area. The population of Modbury North in 2011 was 5,554 people. By 2016 the population was 5,608 showing a population growth of 1.0% in the area during that time. The predominant age group in Modbury North is 30-39 years. Households in Modbury North are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury North work in a professional occupation. In 2011, 84% of the homes in Modbury North were owner-occupied compared with 81.8% in 2016.

Modbury North has 2,605 properties. Over the last 5 years, Houses in Modbury North have seen a 102.14% increase in median value, while Units have seen a 97.58% increase. As at 31 October 2024:

  • The median value for Houses in Modbury North is $761,575 while the median value for Units is $587,862.
  • Houses have a median rent of $580 while Units have a median rent of $295.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Modbury north on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Modbury north.

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