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 › Culross Ave
$1,260,000
Last sold
10 May 2023
4
Bedrooms
3
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
$1,260,000
10 May 2023 · 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
-25.2%
Median sale
Suburb $1,685,000
+0.62 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 TeagueThis superb designer home in Myrtle Bank separates itself from the rest with two large living areas, four generous bedrooms, three luxurious bathrooms and offering low maintenance living accommodation that is both stylish and functional in a convenient and highly sought after location.
Located in this sought-after eastern suburb only minutes from Adelaide's CBD. Myrtle Bank offers plenty of options for cafes, restaurants, and shopping. Good public-school zones, public parks and amenities are just some of the reasons that Myrtle Bank is such a highly sought after location.
The open plan area is an entertainer's dream with a designer kitchen that flows seamlessly into the large living and dining area. The fully equipped gourmet kitchen boasts a striking stainless-steel appliances including 5-burner stove top, dual ovens, dishwasher, stone benchtops and elegantly completed by the brushed brass tapware. Separating this home from the rest is the large outdoor entertaining area that flows effortlessly from the open plan living area. A perfect place to host family and friends on those special occasions.
The central staircase leads up to an inviting second living area with skylight providing excellent natural lighting. Accompanied by three generously sized bedrooms all with built in robes, the master is both large and impressive with its floor to ceiling window spacious walk-in robe and luxurious ensuite featuring his and her vanity. The main bathroom is impressive with its floor to ceiling tiling, stand-a-lone bath and brush brass tapware.
An adaptable floor plan that allows the nest custodians flexibility. Currently used as a home office the downstairs bedroom is perfect for accommodating guest or family member that needs ground floor bedrooms. Accompanied by a third bathroom the home delivers once again living without compromise.
Boasting all modern conveniences for all year-round comfort and peace of mind this unique offering provides the ultimate cosmopolitan lifestyle.
WHAT WE LOVE ABOUT THIS HOME:
* Large entertaining area
* Spacious open plan living area
* Three generous bedrooms with built-in robes
* Three luxurious bathrooms
* Fourth bedroom currently used as a home office
* Ducted and zoned air conditioning
* NBN with fibre cabling to the node
* Fantastic shopping, dining, cafes, entertainment all only moments away
RLA 274363
Listing description written by Adam Teague, Teague — reproduced as published, not verified by Districts.