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 › Palmer Ave
3
Bedrooms
2
Bathrooms
2
Car spaces
554 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.
Nearby
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 Smallacombe Real Estate BurnsideHighly sought after but rarely found in the leafy streets of Myrtle Bank. You will embrace this wonderful stone fronted residence offering a sophisticated, low maintenance lifestyle, positioned perfectly in one of Adelaide's most desirable locations.
Comprising of:
* Wide entrance hallway
* Formal living room facing out to a relaxing reserve outlook across the street, with an abundance of natural light from the large north facing windows
* Flexible accommodation consisting of three spacious bedrooms including the sumptuous master bedroom, offering walk-in robe and fully equipped ensuite
* Bedrooms 2 and 3 are well serviced by a central family bathroom with full size bath, while the second bedroom has a floor to ceiling built in robes
* Luxury gourmet kitchen equipped with a large breakfast bar boasting solid benchtops, quality stainless steel appliances, gas cook top, electric wall oven, dishwasher, Pura-tap and a convenient corner pantry
* Kitchen overlooks the family/dining room with wide timber French doors opening onto the brilliant outdoor entertaining pavilion with pitched roof and ceiling fan ~ just perfect for comfortable outdoor entertaining or private relaxation in all seasons
* Full double garage under the main roof has remote access and is equipped with storage shelving along with access to the rear yard or directly to the inside of the home
What makes this home special:
* Garaging for 2 big cars with room for caravan storage
* High quality contemporary fixtures and fittings throughout
* Hard wired security system and front door intercom for added piece of mind
* Large loft storage in the roof space with pull down access ladder
* Brilliant outdoor entertaining pavilion
* High quality timber floorboards
* Beautifully landscaped and secure front and rear gardens
* Daikin ducted/zoned reverse cycle air conditioning for all year-round comfort + ceiling fans
This beautiful residence enjoys proximity to a selection of quality private and public schools including Seymour College, Walford, Mercedes College, Urrbrae Agricultural, Scotch College, Unley High, Glenunga International High School and Highgate Primary.
Easy access to public transport, Ridge Park, Highgate Village, Frewville shops, Mitcham and Unley Shopping Centres and exclusive Burnside Village.
Call now to view this wonderful home.
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Unley
Council Rates: $2,214.10 per annum
SA Water: $249.35 per quarter
ESL: $209.10 per annum
Land Size: 554sqm (approx.)
Year Built: 2001
Zoning: Residential (Landscape) PA11.3 (560).
Listing description written by Chris Crosby, Smallacombe Real Estate Burnside — reproduced as published, not verified by Districts.