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
$1,215,000
Last sold
16 Dec 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
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
$1,215,000
16 Dec 2025 · derived via latest_sale
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
-27.9%
Median sale
Suburb $1,685,000
+0.72 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 Harris Real Estate Kent TownBest offers by 10am Tuesday 16th December
Planted with poise in one of Myrtle Bank's most tightly held pockets, 3 Ridge Avenue blends timeless elegance with modern simplicity in all the right ways.
From its pristine red brick façade to light-filled rear, the footprint reveals its flow in layers. A welcoming entryway flows through versatile formal lounge and dining areas, before unfurling into an open-plan rear, each zone adapting seamlessly from quiet mornings to lively entertaining.
At its centre, a classic kitchen anchors conversation and flow, with servery bench and updated stainless steel appliances ensuring even the most ambitious cook feels right at home.
Three bedrooms flex to every configuration, with a main suite offering walk-in robe and direct bathroom access, while the family bathroom brings the works, spa bath, corner shower, wide vanity, and separate WC, all keeping daily routines serene.
Outside, sliding doors open to a tiered rear garden crafted for easy living. Lawn invites play, a paved terrace hosts and occasion alfresco, and established gardens reward the green thumb - all within a low-maintenance layout that doesn't interrupt lifestyle.
Practical touches - garage, extra off-street parking, separate laundry, guest powder room, and external blinds - ensure comfort and convenience from day one.
The location completes the picture. Ridge Park extends your yard seamlessly, while you're seconds from Melon & Rye for your caffeine hit, Highgate Primary, Urrbrae, and Unley High Schools for the school run, Frewville Foodland for gourmet groceries, and Glen Osmond Road's food scene for feed me feasts.
Bright, breezy, and beautifully balanced - the good life starts here.
More to love:
- C1993 Torrens titled home on 380sqm allotment
- Secure single garage
- Additional off-street parking
- Freshly repainted throughout
- Updated LED lighting
- Brand new plush carpets
- Separate laundry with exterior access
- Guest powder room
- External roller blinds
- Garden shed
Specifications:
CT / 5122/220
Council / Unley
Zoning / SN
Built / 1993
Land / 380m2 (approx)
Frontage / 9.6m
Council Rates / $1886.05pa
Emergency Services Levy / $293.45pa
SA Water / $244.55pq
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Glen Osmond P.S, Highgate School, Linden Park P.S, Mitcham P.S, Parkside P.S, Glenunga International H.S, Urrbrae Agricultural H.S, Unley H.S, Mitcham Girls H.S, Marryatville H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Georgie Todd, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.
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