Modbury North is a mid-sized suburb in South Australia within the Tea Tree Gully local government area (postcode 5092). With a population of 5,704, the suburb has an established demographic with a median age of 40. Households earn a median income of $83K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Modbury North is $886,000, having surged 15.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,473.
Modbury North is served by 1 school, including 1 primary. The average ICSEA score is 1026, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Tea Tree Gully LGA is below average at 3,068 incidents per 100,000 population.
From an investment perspective, Modbury North offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($886K/$950K). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +15.7% year-on-year.
Modbury North is a mid-sized suburb in South Australia within the Tea Tree Gully local government area (postcode 5092). With a population of 5,704, the suburb has an established demographic with a median age of 40. Households earn a median income of $83K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Modbury North is $886,000, having surged 15.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,473.
Modbury North is served by 1 school, including 1 primary. The average ICSEA score is 1026, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Tea Tree Gully LGA is below average at 3,068 incidents per 100,000 population.
From an investment perspective, Modbury North offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($886K/$950K). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +15.7% year-on-year.