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
468 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 Magain Real EstatePlease contact Matt Scarce from Magain Real Estate for all your property advice.
Privately sited well behind a brick fence and above average in size, this appealing courtyard style home is superbly located in one of Adelaide's most sought-after garden suburbs – leafy Myrtle Bank.
This well-cared for home offers a flexible floorplan and comprises of a formal entrance, a large front living room with a bay window, two good size bedrooms both with built-in robes, a study which could be used as a formal dining room or with some minor modifications could become a third bedroom, the spacious open plan family room is overlooked by the kitchen and a breakfast bar. You'll also find a convenient two-way bathroom with a shower and a bath, a handy second toilet, a separate laundry and a large double garage with internal access straight into the home.
Creature comforts include ducted evaporative air-conditioning, gas space heating and a recently installed dishwasher.
Outside the home is surrounded by attractive gardens. A paved entertaining veranda overlooks the lush, well-established rear garden which provides a delightful location for alfresco entertaining family and friends, while a private courtyard is located off what is currently used as a study and another smaller courtyard is overlooked by bedroom two. Apart from the double garage you'll also find plenty of room for additional cars to park off-street on the driveway space.
The Adelaide city centre, surrounding parkland, Ridge Reserve and public transport are incredibly easy to access from this location which is also opposite the University of Adelaide – Waite Campus and adjacent Waite Conservation Reserve. You'll be impressed with the local facilities and spoilt for choice when shopping at either the newly extended Burnside Village, the popular Foodland at Frewville or the Unley and Mitcham Square Shopping Centres.
The property is zoned to some excellent public schools such as the Bertram Hawker Kindergarten, Glen Osmond Primary School and Unley High School. Sought after private schools located within close proximity include Seymour, Concordia and Mercedes Colleges.
Other features include –
An approximate 486sqm block
Large sunlit window and sliding doors
Gas cooking
A built-in linen press
Floor to ceiling bathroom wall tiles
Downlights
A shower head that can also be handheld
An elegant ceiling rose and pendant light fitting in the formal lounge room
A storage loft space and built-in cupboards in the garage
A garden shed
Two rainwater tanks
Offers Close Monday the 26th of May 2025 at 4pm (unless sold prior).
For further information or to arrange an inspection please contact Matt Scarce on 0411 185 205.
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.
RLA 222182
Listing description written by Matt Scarce, Magain Real Estate — reproduced as published, not verified by Districts.
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