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 › Riverdale Rd
4
Bedrooms
2
Bathrooms
4
Car spaces
1,256 m²
Land
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
Suburban Neighbourhood
SN
Jurisdiction
Unley
Unley, SA
22040560
Two-Storey Detached Dwelling (Approved Lot 2 - DA 22018921)
Decision Made · Lodged 9 Dec 2022
Council site report23016355
Gabion basket retaining walls
Decision Made · Lodged 6 June 2023
Council site report22018921
Land division - 1 into 2 Torrens Title Allotments
Decision Made · Lodged 12 Sept 2022
Council site report25001908
Variation to DA 22020311 by varying Condition 5 through changes to the species of screening plants and additional screening.
Decision Made · Lodged 31 Jan 2025
Council site report26022835
Build a stratco carport on current open car park (retrospective)
Under Assessment · Lodged 16 July 2026
Council site report22020311
Detached Dwelling (Approved Lot 1 - DA 22018921)
Decision Made · Lodged 30 Sept 2022
Council site reportSource
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 1,260 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. 6 development applications on this parcel. Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Decision Made) Plus 3 more on this parcel. Latest lodgement recorded 2022-12-09. These are this lot’s applications, not the neighbourhood pipeline. 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Suburban Neighbourhood · SN (Planning and Design Code). Official parcel area about 1,260 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 1,260 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
Knownmedium6 development applications on this parcel. Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Decision Made) Plus 3 more on this parcel. Latest lodgement recorded 2022-12-09. These are this lot’s applications, not the neighbourhood pipeline.
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 Klemich Real Estate Kent TownPrivate and secluded, this 1960s home is set in an ideal location adjacent to the well-known Fraser Reserve. With an adaptable floor plan consisting of 4 naturally lit bedrooms all accessed from main hallway and featuring built in storage.
Boasting north facing living and sitting areas adjacent to a spacious modern kitchen with Jarrah wood flooring, white cabinetry, large windows throughout & finished with high quality appliances.
Set on over 1200sqm of land, the beautiful split level gardens that surround the 3 entertaining areas provide an unparalleled feeling of serenity, perfect for enjoying with family and friends. Positioned to enjoy the stunning views over the creek wandering through the luscious landscape, this home delivers
the ultimate in family living options and lifestyle.
Original architectural components of the era feature throughout, such as solid brick construction and wide overhangs which complement the home's
surroundings.
What we also love about this property:
- Safe, secure parking and storage under main roof
- Floor plan includes 2 bathrooms and spacious laundry
- Walk-in pantry
- Ample storage throughout the entire home
Spoilt for choice with excellent schooling, this home is zoned to Glen Osmond Primary School, Glenunga International High School. The prestigious Concordia
and Mercedes colleges are also close by.
Listing description written by Matt Smith, Klemich Real Estate Kent Town — reproduced as published, not verified by Districts.
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