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 › Ridge Ave
$1,560,000
Last sold
10 Dec 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
443 m²
Land
221 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
$1,560,000
10 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Myrtle Bank (last 5 years) with land size have a median of $2,230/m² of land (n=32). 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
-7.4%
Median sale
Suburb $1,685,000
+0.15 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 scheme
Planning and Design Code
Zone
Suburban Neighbourhood
SN
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 Suburban Neighbourhood · SN (Planning and Design Code). Official parcel area about 436 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 Suburban Neighbourhood · SN (Planning and Design Code). Official parcel area about 436 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?
KnownmediumNo 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 OCDesigned to embrace a sequence of light-grabbing courtyards; this gloriously private, far-reaching home draws your eyes, feet and envious guests to the garden at every opportunity it gets, culminating in the north-facing patio at its serene nucleus.
The sum of its parts is a hidden world of its own with a Tuscan feel, storage at every turn, creature comforts, ensuited main bedroom and a bevy of zones - whether inside or out - that adapt to the season and stage of life you're in, all just a stroll from Ridge Park. Perfect.
Open the door to:
⁃ A home that hides in plain sight behind a high, secure boundary, revealing its world only once you step inside
⁃ A versatile floorplan with generous courtyards that draw you out and light in
⁃ A central courtyard framed by full height glazing and French doors that pull the living zones into one continuous, social landscape
⁃ Two distinct living areas that allow life to run in parallel
⁃ A bright, well appointed kitchen acts as the central hub
⁃ Three substantial bedrooms, including a main suite with walk-in robe, ensuite and a private courtyard straight out of Tuscany
⁃ Ducted reverse cycle air conditioning that keeps the tone even through every season, supported by clever glazing and courtyard orientation
⁃ Extensive built in storage
⁃ A monitored security system, integrated data network and back to base readiness
⁃ A double garage with internal access
⁃ Established low-maintenance gardens
⁃ Zoning for Glenunga International High School
Close the door on:
⁃ Feeling overlooked or open to the street; the privacy envelope is complete
⁃ Spaces that fight for light; vast windows and those courtyards brighten every corner
⁃ Layouts that hem you in. This spacious home flows like a flexible, fluid dream
The green gateway to Ridge Park's courts and boundless oval wait at the end of a street that places you within a moment of Burnside Village, Mitcham Square, cosmopolitan Unley, revered colleges and public schools, not to mention the CBD itself. You want it all? Myrtle Bank hands it over.
CT Reference - 5338/887
Council - City of Unley
Zone - SN - Suburban Neighbourhood
Council Rates - $2,186.10 per year
SA Water Rates - $1,081.44 per year
Emergency Services Levy - $221.85 per year
Land Size - 443m² approx.
Year Built - 1998
Total Build area - 221m² 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 Real Estate Pty Ltd partners with third party providers including Realestate.com.au (REA) and Before You Buy Australia Pty Ltd (BYB). If you elect to use the BYB website and service, you are dealing directly with BYB. Ouwens Casserly Real Estate Pty Ltd does not receive any financial benefit from BYB in respect of the service provided. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions in respect of the service provided by BYB. Interested potential purchasers should make their own enquiries as they see fit.
RLA 275403
Listing description written by Will Fitridge, OC — reproduced as published, not verified by Districts.