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1 & 2/8 Folkstone Street, Modbury Heights SA 5092

$499,000 - $529,000

Listed: 5 days ago
Overview

This listing offers a unique chance to acquire two adjoining allotments of Torrens Title land in a well-established and vibrant area of Modbury Heights. Situated at 1 and 2/8 Folkstone Street, the combined land totals approximately 612 square meters, providing ample space to design and build your ideal family residence or investment property. The generous frontage and considerable depth of the lots allow for versatile home designs, accommodating various lifestyle requirements and architectural preferences.

Located just minutes from local schools such as The Heights School, and close to convenient shopping centers, parks, and public transport options, the parcel is suitable for purchasers seeking both lifestyle and practicality. The dual allotment setup gives buyers flexibility, either to develop one larger home or split into two separate builds, making it an attractive proposition for families, investors, or those looking to future-proof their investment in a growing community.

The price guide ranges from $499,000 to $529,000, reflecting the attractive value offered by this rare opportunity in a sought-after suburb. Established infrastructure and neighborhood character combine with the potential for new, modern dwellings that can enhance the streetscape and provide comfortable living environments.

Overall, these land allotments present a solid foundation to create a future tailored to your requirements within a thriving Adelaide suburb, offering convenience, community, and scope for growth.

Local Market Insights

In Modbury Heights, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $549,000. The property type mix of listed properties is predominantly Houses at 76%, followed by land (15%), and townhouses (6%). The most active agency for land in the Modbury Heights area is currently Harcourts, representing 80% of new listings, followed by Ray White with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Modbury Heights SA 5092
New Listings (last 30 days)
5
Average price
$549,000
Lowest price
$499,000
Highest price
$749,000
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