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 › Palmer Ave
4
Bedrooms
2
Bathrooms
6
Car spaces
931 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 OCAuction Sat, 15th Nov - 12pm
It starts as a quintessential 1940s sandstone character home facing its quaint, leafy street. What unfolds beyond its beautiful first impression is something wonderfully familiar…until it isn't - in the best possible way imaginable.
Renovated to Pinterest-worthy perfection and extended to add open-plan living and the dreamiest of architectural kitchens, what unfolds is a home that gets better with every step on a south-north parcel that ends in a pool, self-contained pavilion and secret rear access to Scammell Reserve.
The result is a crowd-pleasing property that trades the mundane for the stylish, the city's stresses for the best summers of your life.
Open the door to:
⁃ A post-war character home carefully reimagined for the 21st-century family on its prized, far-reaching south-north plot
⁃ Seamless connection to outdoor living via a large L-shaped Blackbutt timber deck with firepit area and pool-viewing vantage
⁃ A self-contained poolroom or fourth bedroom featuring ensuite, kitchenette with engineered stone tops, and private entry
⁃ A dynamic layout that superbly marries the original home with an open-plan addition
⁃ Living zones at the home's bookends, including a sitting room with vast picture windows to the front gardens
⁃ In-ground, solar-heated swimming pool surrounded by lush greenery and established hedges for complete privacy
⁃ A conversation-starting, architecturally designed kitchen with natural stone benchtops, new NEFF ovens (steam & conventional), Bosch dishwasher, induction cooktop, and integrated Fisher & Paykel fridge/freezer
⁃ Designer-led renovations, including chic Venetian-plastered powder room and under floor heated main bathroom
⁃ Ducted reverse-cycle air conditioning and a gas log fireplace ensuring year-round comfort
⁃ Secure parking for up to six vehicles behind automatic gates, including a triple high-access carport fit for dual caravan & boat storage
⁃ Additional workshop/storage shed (6 m × 4.5 m) and upgraded electrical systems throughout
⁃ Automated irrigation, full landscaping, and front-gate intercom for effortless day-to-day ease
⁃ Rear gate access to Scammell Reserve with tennis courts, playground, and dog park right at your back fence
Close the door on:
⁃ The ordinary - because this one takes a familiar 1940s home and turns it into something far more rewarding than expected
⁃ The school run stress - positioned close to Adelaide's leading colleges and key transport links for easy daily commuting
⁃ The constant juggle between city access and quiet retreat - this address delivers both in equal measure
⁃ Fighting for outdoor space - here, entertaining, relaxing, and swimming all fit comfortably within one cohesive footprint
Myrtle Bank represents everything people love about Adelaide's inner east - leafy streets, strong schooling and simple proximity to the city. Zoned to Highgate School and Unley High School, and supported by an excellent selection of private colleges, it's a location that delivers for families at every stage. Add Burnside Village, Frewville Foodland and rapid city access, and you have a postcode that continues to perform on every level.
CT Reference - 5384/15
Council - City of Unley
Zone - EN - Established Neighbourhood
Council Rates - $2,571.90 per year
SA Water Rates - $1,214.20 per year
Emergency Services Levy - $252.20 per year
Land Size - 931m² approx.
Year Built - 1940
Total Build area - 297m² 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 Daniel Richardson, OC — reproduced as published, not verified by Districts.
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