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 › Urrbrae Ave
$2,470,000
Last sold
13 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
863 m²
Land
360 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
$2,470,000
13 June 2026 · 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
+46.6%
Median sale
Suburb $1,685,000
-0.59 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 874 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 874 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 874 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, 13th Jun - 11.30am (USP)
Unfolding like a family-sized dream from its sandstone facade to fully heated pool, this extended, solar-powered and periodically updated C1935 Art Deco on a life-changing 863sqm plot is primed for your best years, just a pause from some of Adelaide's best public schools and private colleges.
With four bedrooms, three vast living zones, a study, an underground cellar with storage for 960 bottles, extensive off-street parking and a poolside alfresco patio with cafe blinds and a big crowd covered (literally), there's a space here for every mood, season and family member, all just 10 minutes from the CBD. Myrtle Bank it is then.
Open the Door To:
• A C1935 sandstone fronted home that has grown with purpose, pairing its original character with a large-scale c2001 rear extension, four bedrooms, three living zones, a study and a heated pool on a family-sized 863sqm allotment
• A beautiful original front section defined by its jarrah floors, high ceilings, leadlight windows, decorative character details and bundles of natural light
• A floorplan with rare family separation, placing the formal living room, study/fifth bedroom and main bedroom near the front, while the children's wing, rear living zone and poolside entertaining areas stretch deep into the home
• A vast rear family room with broad glazing, tiled floors, split-system air conditioning and smooth spill to the outdoor entertaining area
• A central kitchen, striking granite benchtops, breakfast bar, generous storage, stainless steel appliances and dishwasher
• A renovated main bedroom and ensuite, refreshed children's bedrooms and updated family bathroom, with four bedrooms including built-in storage and enough flexibility for guests, teenagers, work-from-home life or all of the above
• Storage for 960 standard wine bottles in an underground cellar with custom wall-length shelving and terracotta floor tiles
• A solar-heated concrete-tiled pool with a Tuscan-style wall, paved surrounds and a large shade sail
• A substantial poolside alfresco patio enclosed with cafe blinds, complete with a custom redgum table
• A 10kW solar system, reverse-cycle air conditioning, gas continuous hot water, double carport with panel-lift door and additional driveway parking for two more cars.
• Beautifully presented gardens with established fruit trees including seedless mandarin and grapefruit, giving the rear yard greenery, privacy and a quiet sense of abundance
The deal sealer is Myrtle Bank itself. Glen Osmond Primary and Unley High Schools sit within the local catchment, while Concordia, Mercedes, Scotch, Seymour, Urrbrae Agricultural High and Walford are all part of the broader eastern/southern schooling conversation. Cross Road, Fullarton Road and Glen Osmond Road put buses, the city, the freeway and the hills within easy reach, while Frewville Foodland, Arkaba, Unley Road, Burnside Village and the Mitcham/King William Road precincts keep shopping, coffee, dining and errands comfortably close. Ten minutes from the CBD, yet settled in one of Adelaide's most polished family pockets. Hard to outgrow. So easy to love.
CT Reference - 5173/394
Council - City of Unley
Zone - SN - Suburban Neighbourhood
Council Rates - $3,300.60 per year
Emergency Services Levy - $309.45 per year
Land Size - 863m² approx.
Year Built - 1935
Total Build area - 360m² 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 Georgie Georgiou, OC — reproduced as published, not verified by Districts.
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