Modanville (postcode 2480) is a small locality in New South Wales within the Lismore local government area. With a population of 614, the suburb has a settled, mature resident base with a median age of 48. Households earn a median income of $88K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Modanville stand at $1.0 million, having risen steeply by 25.8% over the last twelve months. The current median weekly rent is $535. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,767.
Public transport access includes 31 bus stops. The crime rate in the Lismore LGA is moderate at 5,173 incidents per 100,000 population.
From an investment perspective, Modanville shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +25.8% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.