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 › Barr Smith Ave
$1,990,000
Last sold
5 Apr 2021
4
Bedrooms
3
Bathrooms
2
Car spaces
1,400 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
$1,990,000
5 Apr 2021 · derived via latest_sale
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.
Vs Myrtle Bank
+18.1%
Median sale
Suburb $1,685,000
-0.29 pp
Gross yield
Suburb 1.86%
Suburb median $1,685,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 OCSet behind a new brush fence with camera intercom controlled pedestrian gate, opening to stunning meandering paths & manicured english style gardens, which lead to the entrance of this striking colonial residence. An electric slide gate opens to a wide long driveway and through to the remote-controlled double-length carport. Direct entry into the home is provided from the carport, straight into the family room.
Providing the perfect north/south orientation, the home is centred around the beautiful gardens & large picture windows invite loads of natural light through every room.
On right of entry, the sizeable elegant formal lounge includes 2 sets of classic french doors & a modern combustion heater.
There are 4 double bedrooms, with the elegant bay-windowed positioned at the front, north-facing & providing a private garden outlook. The master bedroom is fitted with charcoal-toned carpet & there are built-in robes in all bedrooms.
The main family bathroom was renovated in 2016 & offers luxurious 'magazine style' fit-out.
A central, walk-through living space separates the bedrooms wing to the large, open plan dining & family areas at the rear. This huge room invites the gorgeous view over to the 'resort style' setting, featuring a fully tiled pool, spa, spectacular pool house entertaining & grounds.
Cook up a storm in the well-equipped kitchen which is fitted with practical laminate cabinetry & benchtops, 900 wide gas cooktop, new electric under-bench oven, deep twin-door pantry & double-door fridge space.
The laundry room is fitted with a good number of storage cupboards & walk-through to the 2nd modern bathroom & toilet.
Enjoy large scale entertaining in the magnificent 2018 custom-built pool house.
The facilities include a fabulous kitchen, 5-person feature 'red gum' bar & automated retractable blinds extending over the pool, complete with wind sensors. The pool house bathroom is first class and is located between the living & kitchen & entertaining areas.
Extras include:- 6 r/c split system air-conds., slow combustion heater, gas heated spa & magnesium, solar-heated, fully-tiled pool, robotic pool cleaner, 2 dishwashers, 4.5 kw of solar (18 panels), NBN, irrigation system to most of garden & gas instantaneous hot water.
This desirable, blue-chip location provides an enviable lifestyle, close popular public & private schools (zoned for Glenunga International High).
OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275403
Listing description written by Cynthia Sajkunovic, OC — reproduced as published, not verified by Districts.