Local Guide to Modbury
In the north eastern suburbs of Adelaide, a short 25-minute drive from the city lies Modbury. Named after a town in Devonshire, the suburb Modbury is home to Tea Tree Plaza and lies at the end of the infamous O-Bahn. With an abundance of developments taking place in and around Modbury, it’s no surprise many have their eye on buying in the area that is now booming.
Whether you are looking to buy an apartment for 1, a family home, and everything in between, Modbury is sure to have what you are looking for. During the last 6-12 months we have seen dramatic increases in housing prices, however, Modbury still provides affordable living prices. The median house price in August 2022 was recorded at $575,000, which reflects a growth of 31.3% in the last 12 months. Unit prices in Modbury currently for sale have a median price of $340,000. Overall, this reflects that the property market for this suburb is inclining meaning that it is quickly becoming a favourable suburb.
For some, Modbury may be a new area that you are looking into for real estate purposes. This local guide is full of information to help you get to know the area and see if it is right for you whether you’re buying, a property investor or the like.
Shop ‘til you drop
Tea Tree Plaza is your one-stop centre for all your shopping needs. With over 100 stores it truly has everything from fashion, to sport, kids and wellbeing, you are sure to find something. Since its opening in 1970, the centre has continued to develop and grow each and every year and will continue to do so into the future. With a recently upgraded HOYTS cinema, it’s perfect for a day trip with the kids or a date night to the movies.
The heart of Modbury
Located right in the heart of Modbury, Civic Park. A beautifully landscaped park that attracts those from Modbury and beyond. Enjoy uninterrupted views of the Adelaide Hills at the top end of the park, creating the perfect location for a sunset picnic. Three different play zone areas will have the kids occupied for hours giving parents ample time to relax under the trees and pergola areas.
End of the line
The O Bahn is a transit system that services the north eastern suburbs. It was designed to assist buses in avoiding high volumes of traffic during peak hours, whilst creating a seamless commute into the city and beyond for its passengers. One of the major interchanges being Tea Tree Plaza in Modbury, the conveniently placed location allows passengers to connect to a range of buses to areas such as Elizabeth and the CBD. Continual upgrades and developments ensure the O Bahn is operating at its top capacity and providing passengers with a stress-free commute. In addition, it also brings many to Modbury and Tea Tree Plaza, as taking the O Bahn to the area is an easier option than driving and trying to find a park in peak times.
All in all, Modbury has plenty to offer. From shopping malls and cinemas to, what feels like, endless parks. Add into that the O Bahn, which provides a seamless commute to and from the city and it’s hard to ignore everything Modbury has to offer. If you are looking to buy in Modbury have a look at some of Lofty Building Group’s upcoming developments and builds in the area as well as houses for sale in the area.
