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 › Raldon Grove
$1,446,000
Last sold
2 Mar 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
700 m²
Land
185 m²
Building
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
$1,446,000
2 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Myrtle Bank (last 5 years) with land size have a median of $2,245/m² of land (n=32). 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.
Vs Myrtle Bank
-14.2%
Median sale
Suburb $1,685,000
+0.30 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.
Nearby
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 OCOffers now closing Sunday 2nd March at 1pm
Superb blank canvas ripe for magnificent restoration to former grandeur
An imposing presence nestled in this peaceful street with an impressive frontage and over 700m2 is an opportunity that won't wait.
A reluctant sale of this once gracious home held in the same family for decades. Now is the time for you to lovingly create your own memories and create the next exciting chapter for this superb original residence.
This is your chance to secure a prized large allotment within the highly esteemed tightly held eastern suburbs – affluent Myrtle Bank, just 5km to Adelaide CBD.
A superb sandstone Gentleman's Bungalow with a street scape that still exudes immense character but awaits a sympathetic facelift or a modern extension to capture the beautiful essence and tradition to create a luxuriously spacious family home and incorporate modern comfort & lifestyle.
Settle in to a prized enclave just footsteps from zoned Glen Osmond Primary, at arm's length from Frewville Foodland, eclectic Duthy Street, the fabulous Burnside Village, and just 10 minutes from Adelaide CBD – the future looks bright from Myrtle Bank.
Even more to love:
• Extra-large double garage/shed
Generous Master with attached sunroom / study
• Scope to re-arrange floorplan to suit
• Currently disposed as 2 bedrooms, 2 living, study & dining room
• Zoned for popular Glen Osmond Primary & Unley High Schools
• Footsteps from excellent transport, Ridge Park & Bertram Hawker Kindergarten
• Proximity to excellent independent & public schools - Sunrise Christian, Urrbrae Agricultural, Concordia, Seymour & Mercedes Colleges.
Certificate of Title - 5756/990
Council – Unley
Zoning - Established Neighbourhood
Year Built - 1925
Land Size - 700sqm (approx)
Total Build area - 185sqm (approx)
Council Rates - $2,525.10pa (approx)
SA Water Rates - $288.53pq (approx)
Emergency Services Levy – $245.45pq (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 – MAKE IT HAPPEN™
RLA 275403
Listing description written by Ros Munt, OC — reproduced as published, not verified by Districts.