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 › Cross Rd
2
Bedrooms
1
Bathrooms
2
Car spaces
407 m²
Land
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
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 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 LJ Hooker KensingtonA fantastic home in this rapidly growing location, a short distance from shopping facilities, a variety of both public and private schooling and public transport. On an easily manageable 407sqm (approx) with north facing rear, and privately set behind a tall brick wall with gates, this semi-detached, Torrens title home offers you the opportunity to move in now, live happily and if required, update later.
Walking through the entry hall, you are greeted by a large formal lounge with bay window and efficient gas heater. The adjoining dining room with sliding doors to the side courtyard helps give the front of the home a sense of space and natural light. You won't be compromising on room here.
Bifold doors separate the formal part of the home from the casual area. A large timber kitchen, complete with gas cooktop, electric oven and dishwasher, is the hub of the home. An abundance of cupboards, plus a floor to ceiling pantry mean that there is plenty of room for all of your pots and pans.
The family room, with its brick feature walls, overlooks the kitchen so you will never be far away from the action. A cosy room in winter with the gas heating or open the sliding doors in the summer to allow the cool breeze from the rear garden flow into the room.
The two double bedrooms are conveniently located via a hallway from the kitchen. Cleverly designed to take advantage of the two-way bathroom (complete with shower and separate bath), the main bedroom has a wall of floor to ceiling built-in robes and large windows looking into the back garden.
The second bedroom also has built-in robes, plus windows to the third, smaller courtyard located at the rear of the double garage. Natural light is another feature that you will not be compromising on in this home.
The full sized laundry is located near the back door providing convenient passage to the back garden and clothes line. A second toilet is also situated adjacent to the laundry.
If you like to entertain, you have various options to choose from. The side paved courtyard located off the lounge/dining room is a beautiful spot for that Sunday lunch, morning coffee or early evening glass of wine.
The back garden provides a lawn area for the kids to play or the dog to run around. Complemented with camellias and hibiscus, this is currently a low maintenance garden with the scope to further enhance for those with green fingers.
But what else do you get?
- 2.55m ceilings (approx)
- Ducted evaporative cooling
- Electric awning on the rear sliding door, providing plenty of shade in the back garden during those warmer months
- Garaging x 2 cars with rear access to the utility courtyard
- Additional off street parking for visitors
First home buyer, downsizer or investor, this is a great opportunity not to be missed. While in good original condition, this home would respond beautifully to the new owner's personal touches and updating.
$680,000 - $720,000
OFFER FORM LINK
https://forms.gle/rjTBsyjv8NvfE7Rz9
CT: 5464/383
Council: Unley
Council Rates: $1,308.35pa (approx)
Water Rates: $175.10pq (approx)
We welcome you to contact Janine Bergin to arrange a private viewing. Our office has implemented precautionary measures for the safety of our Vendors, you and our agents. Open inspections follow the relevant social distancing and capacity guidelines. We appreciate your patience and understanding.
RLA 275279
Listing description written by Janine Bergin, LJ Hooker Kensington — reproduced as published, not verified by Districts.