Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Modella, VIC 3816
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$670,000
list-price estimate
Median Unit
$735,000
Gross Yield (houses)
2.7%
1yr Growth
-
Investment snapshot for Modella
Modella has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Modella verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Modella - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Modella market and investor summary
In Modella, VIC 3816, houses show a gross rental yield of 2.7%. At 0.8% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.7% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.
Living in Modella: people, income and schools
Modella has a resident population of roughly 169, and the area has been growing steadily, up about 15% over five years. The median age is 44, skewed a little older, and families account for 84% of households.
Households here earn a median of about $115,000 a year, or roughly $2,220 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 29% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is roughly 78 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 169
- +15% over 5yr
- Median age
- 44 years
- Median household income
- $115,000/yr
- Households renting
- 26%
- Family households
- 84%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 969
- Unemployment
- 3.2%
- Distance to CBD
- 78 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Modella
No properties currently listed in Modella
Search Modella listings →Frequently asked questions about Modella
What should I check before investing in Modella?
Modella has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Modella?
The median property price in Modella, VIC 3816 is $735K for units.
What rental yield does Modella show?
The gross rental yield in Modella is 2.7% for houses and 2.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Modella?
The current vacancy rate in Modella is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Modella?
Modella has a population of approximately 169 residents, with a median age of 44.
What schools are near Modella?
There are 1 school within roughly 5km of Modella. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Modella's population growing?
The population of Modella has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Modella from the CBD?
Modella is about 78 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API