Modella Suburb Profile

Victoria 3816

Modella has 80 properties. Over the last 5 years, Houses in Modella have seen a 67.31% increase in median value, while Units have seen a 260.03% increase. As at 30 November 2024:

• The median value for Houses in Modella is $1,235,929 while the median value for Units is $841,153.

The size of Modella is approximately 30.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Modella in 2011 was 414 people. By 2016 the population was 148 showing a population decline of 64.3% in the area during that time. The predominant age group in Modella is 40-49 years. Households in Modella are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Modella work in a managers occupation. In 2011, 84.4% of the homes in Modella were owner-occupied compared with 79.2% in 2016..