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Modanville, NSW 2480
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,035,000
market range $950K-$1.1M
Median Unit
$460,000
Gross Yield (units)
4.8%
1yr Growth (units)
+5.4%
estimate
Investment snapshot for Modanville
Modanville has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Modanville market and investor summary
In Modanville, NSW 2480, the median house sells for around $1.0M. House prices have moved +30.4% over three years. At 7.3% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 7.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 73 days on market, so plan for a slower exit if you ever need one.
Living in Modanville: people, income and schools
Modanville has a resident population of roughly 614, a number that has held fairly steady over five years. At a median age of 48, it reads as skewed a little older, and 89% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $88,000 a year (about $1,690 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 11.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 24% over five years, which tends to underpin what local buyers can pay.
Families have 3 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 614
- -1% over 5yr
- Median age
- 48 years
- Median household income
- $88,000/yr
- Households renting
- 11%
- Family households
- 78%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 1025
- Unemployment
- 4.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Modanville
No properties currently listed in Modanville
Search Modanville listings →Frequently asked questions about Modanville
What should I check before investing in Modanville?
Modanville has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. 3-year capital growth of +30.4% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Modanville?
The median property price in Modanville, NSW 2480 is $1.0M for houses and $460K for units.
What rental yield does Modanville show?
The gross rental yield in Modanville is 4.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Modanville?
House prices in Modanville are up 30.4% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Modanville?
The current vacancy rate in Modanville is 7.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Modanville?
Modanville has a population of approximately 614 residents, with a median age of 48.
What schools are near Modanville?
There are 3 schools within roughly 5km of Modanville. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Modanville affordable to buy in?
A median house in Modanville costs about 11.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Modanville's population growing?
The population of Modanville has fallen about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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