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 › Myrtle Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
1,181 m²
Land
198 m²
Building
Districts View
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 OCA home of character, texture and time-earned personality, what starts as a classic bungalow on a life-changing 1181sqm Myrtle Bank plot turns into a warm, mid-century-Mediterranean world of terracotta, timber, arches and leafy outlooks across a rear yard with rare roaming room.
The result is a heartwarming, comfy and eminently liveable 4-bedroom home some will love in its nostalgic state, while others will see the untapped potential to reimagine and extend the status quo near some of Adelaide's best schools and colleges.
Open the Door to:
⁃ Scope to put your own spin on a robust character home etched into a substantial Myrtle Bank parcel
⁃ Four bedrooms across a practical, flexible internal footprint, giving families, renovators and long-game thinkers a ready-made base to work from
⁃ Separate lounge, dining and rear living zones, allowing the home to function with more separation than its single-level floorplan first suggests
⁃ A warm rear living room wrapped in timber panelling, exposed beams, terracotta floors and big garden-facing glass
⁃ Arched openings, timber trims, decorative ceiling detail and original character cues that give the home genuine era personality
⁃ A neat, highly usable kitchen with extensive cabinetry, dishwasher, wall oven, pantry storage and direct connection to the dining zone
⁃ Two bathrooms, including an ensuite
⁃ Built-in robes to three bedrooms, including the oversized main bedroom
⁃ Soaring ceilings to the original bungalow
⁃ Split-system air conditioning
⁃ A large, leafy rear yard with mature trees, established planting, rainwater tanks and enough open lawn to let kids, pets or future plans move freely
⁃ Multiple sheds and utility structures, giving the property useful storage today and a reminder of just how much land sits behind the home
⁃ A live-now, renovate-later proposition in one of Adelaide's most tightly held eastern pockets
The school story is a major part of the Myrtle Bank pull, with Unley High, Highgate School and Glen Osmond Primary schools (all zoned), as well as Seymour, Mercedes and Scotch Colleges all nearby a suburb that puts Burnside Village, Unley Road, local parks, Foodland Frewville, transport corridors, the CBD and the foothills within a 10-minute radius. Myrtle Bank it is then.
Please contact Daniel Richardson on 0424 332 564 or Ethan Millen on 0452 660 240 for more details.
Certificate of Title - 6306/305
Council - City of Unley
Zoning - EN - Established Neighbourhood
Year Built – 1925
Land Size – 1181m² approx.
Total Build Area - 198 m² approx.
Council Rates - $2,743.35 per year
Emergency Services Levy - $164.55 per year
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.