Myrtle Bank at a glance
3,239
People
$1,685,000
Median sale
$602/wk
Median rent
1.86%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
SA › Myrtle Bank › Glenrowan Ave
5
Bedrooms
1
Bathrooms
8
Car spaces
1,711 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Myrtle Bank (last 5 years) with land size have a median of $2,240/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Myrtle Bank at a glance
3,239
People
$1,685,000
Median sale
$602/wk
Median rent
1.86%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $602/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Myrtle Bank at a glance
3,239
People
$1,685,000
Median sale
$602/wk
Median rent
1.86%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker KensingtonFamed for Ned Kelly's final siege, make sure you're at Glenrowan for the "Last Stand".
Write your own history, not
"Such is Life" - but "This is the Life"
A significant and charming chalet bungalow, the home sits high and proud on Glenrowan Avenue, set back on parklike grounds adjoining Fraser Reserve. Having airs and graces, it is a unique home. A Hansel and Gretel look which has stood the test of time.
Art Deco retained, the home is a time warp. Originally Avant-Garde, its early era personality may not meet the standards of millennial requirements but, as with all beauties, it is ageing gracefully. A treasure to uncover what lies beyond those character lines.
For over half a century it has been a much loved home to the vendor's family. The adventure playground of over 1710sqm for a brood of boys skylarking with parents who loved the open spaces, walks and country aspect Myrtle Bank had to offer in the 1960's.
The sale is finalising an era as life moves on. The tame magpies may take a little re-education as routine and regimented hand feeding for decades may no longer be a priority of the new owners but an opportunity to budding ornithologists.
Don't expect designer decor, neutral tones, gleaming appliances, glass and stone. This one is for purists, those ready to recreate or integrate a long held dream. State of the art had been bypassed. Original, collectible would best describe this amazing relic.
Walk away now if you're looking for pocket book perfection with a walk in and enjoy lifestyle. This is expansive; it's a virtual estate in the midst of suburbia, sweeping irrigated lawns, veggie garden, sheds and attics, accessed via an impressive circular drive which allows the paper to be dropped at the front porch each morning.
It's refined and very well maintained. Gabled with bespoke brickwork, a Norman arch leadlight window, timber shutters and sympathetic and discreet security features it's an attention grabber.
Step into yesterday, through a banded curved glass entry door where a fabulous staircase with solid chrome, deco handrail, leads from the entry hall to the second level.
There is an aura of dignity and the layout is as flexible as your imagination. Internal curved corner, mellow toned bricks bring soul into the formal sitting room, a gentle backdrop to compliment your artworks and treasures.
The vaulted ceiling has a distinctive Art Deco banding and the dining room boasts views across manicured lawns and adjoins a study/bedroom with external access.
The sassiest, totally authentic kitchen doesn't have a self-glide drawer or dishwasher in sight but for decades has been the hub of this amazing home. It backs onto a butler's pantry for storing pickles, preserves and fruits of the gardens beyond.
Experience a master bedroom with uninterrupted, parklike views through the generous box window and step through to the full dressing room-salon. At last a room for a true fashionista and her collections.
The bathroom has been tastefully renovated and a functional laundry and second toilet off the extensive, undercover rear verandah complete the downstairs area. With views across lawns, garden and neighbouring park, if I were a magpie I'd hang out here too!
Upstairs enjoy the three spacious multi-purpose attic rooms. If walls could talk, the echoes of boisterous shenanigans from the former occupants would make for a telling tale. What fun in an upstairs eyrie with potential for extension in your future mansion. Rooms are currently displaying a retrospective of collected art, nursery and sewing memorabilia.
If it's land you're after in one of Adelaide's most tightly held suburbs, why wait another fifty years. This is a one off opportunity, gilt edged and STCC will be a developer's dream. It's now or never.
The adjoining property of approx 547sqm will be available separately for sale by negotiation for the successful purchasers with a long term settlement. It could add to the development potential to acquire a total in excess of 2250sqm. One vast and otherwise unprocurable holding, this will hold instant appeal and set new standards in the Myrtle Bank precinct for discerning and visionary purchasers.
Start your own dynasty, this one evokes passion, awe and memories and invites people with superior visualisation to build, restore or create a unique piece of history. It's been a treasured gem in this family's geology.
A must see at Glenrowan Avenue.
"This is the Life"
Price: $1,500,000 - $1,595,000
RLA 275279
Listing description written by Gabrielle Overton, LJ Hooker Kensington — reproduced as published, not verified by Districts.