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 › Myrtle Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
1,146 m²
Land
353 m²
Building
Districts View
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 scheme
Planning and Design Code
Zone
Established Neighbourhood
EN
Jurisdiction
Unley
Unley, SA
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
SAZoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 1,139 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 1,139 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,139 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 OCAuction Sat, June 1st - 11am (usp)
Fronting a wonderfully wide parcel tipping the scales at 1146sqm, this C1925 bungalow - with a a rear extension so sympathetic that it was simply 'meant to be'- is an impeccable picture of freedom, inside and out.
Not since 1998 has this solar-powered home hit the open market, making it a rare chance to secure a character home well-versed in nurturing a growing family and wooing large crowds.
Soaring ceilings, ornate fireplaces, plantation-shuttered windows, four light-drenched bedrooms, two bathrooms and a large formal lounge define the versatile original bungalow.
Featuring custom handle-less cabinetry, integrated Miele appliances, a north-facing bay window, and a timber-topped breakfast bar with a bench-mounted stove, the kitchen defines the addition.
Slide open the floor-to-ceiling glass doors and step from blackbutt floors to a rear pavilion with a distinct curved footprint and elevation over a rear yard with carpet-like lawns and the powered shed you've been craving.
Myrtle Bank is a leafy suburb that feels further removed than the 10-minute drive to the CBD suggests, ensuring you'll love coming home - and leaving it to enjoy the esteemed schools on its roll call, buzzing shopping precincts on its doorstep, and its gateway to the Adelaide Hills.
It was definitely meant to be.
Features we love...
- Adored, updated and extended by its long-standing owners
- Landscaped gardens and gorgeous bungalow facade create beautiful street presence
- Powerful 5KW solar system for heavily reduced energy bills
- Flexible footprint with four bedrooms and multiple living zones
- Ducted reverse cycle airconditioning for year round comfort
- Storage galore and large separate laundry
- Dishwasher and integrated microwave
- Solar hot water
- Awning to rear pavilion
- Carport and off-street parking for at least five cars
- Drive through access to rear
- Powered garage and additional garden shed
- Walking distance from public transport
- Moments from Burnside Village and Mitcham Square shopping precincts
- Close to Seymour, Scotch and Mercedes Colleges
- A stroll from Waite Oval/Wetlands
CT Reference - 5442/156
Council - City of Unley
Council Rates - $2,911.00 pa
SA Water Rates - Not declared
Emergency Services Levy - $284.35 pa
Land Size - 1,146m² approx.
Year Built - 1925
Total Build area - 353m² approx.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 275403
Listing description written by James Robertson, OC — reproduced as published, not verified by Districts.