Modbury vs Para Vista

Para Vista (median $860,000) is roughly 2% cheaper to buy into than Modbury ($880,000). Over the past year, Para Vista (+15.9%) ran 2.4 percentage points ahead of Modbury (+13.5%) on house-price growth.

Buying in Modbury or Para Vista?

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Modbury and Para Vista side by side

MeasureModburyPara Vista
Price and market
Median house$880,000$860,000
Median unit$233,280$226,800
House price change, 12 months+13.5%+15.9%
Renting
House rent$600/wk$600/wk
Unit rent$497/wk$500/wk
Owner occupied63.0%65.0%
Renter occupied31.0%30.0%
Schools
Schools nearby2020
Average ICSEA10211011
Lifestyle and people
Walk score7442
Transit score00
Bike score100100
Population5,5933,023
Median age3740
Climate
Annual rainfall578 mm505 mm
Mean max, January29.8°C30.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Modbury scores higher on walkability (74/100 vs 42/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Modbury (1021) sits above Para Vista (1011).

For buyers
Para Vista is the lower entry point at $860,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Para Vista carries both higher gross yield (3.63% vs 3.55%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Modbury edges out on average school ICSEA (1021 vs 1011).

Modbury vs Para Vista: common questions

Is Modbury or Para Vista cheaper to buy in?

Para Vista has the lower median house price at $860,000, roughly 2% below Modbury ($880,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Modbury or Para Vista?

Over the past 12 months, Para Vista grew +15.9% vs +13.5% in Modbury, a gap of 2.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Modbury or Para Vista have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Modbury scores 1021 vs 1011 in Para Vista. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Modbury or Para Vista?

Modbury scores 74/100 on walkability vs 42/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Modbury or Para Vista?

Gross rental yield on houses is 3.63% in Para Vista vs 3.55% in Modbury. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.