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
5
Bedrooms
2
Bathrooms
6
Car spaces
1,211 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 Turner Real Estate AdelaideBest Offer by Tuesday 25th February at 3pm - Unless Sold Prior
This 1920's stone fronted Gentleman's Bungalow stands as a testament to timeless elegance, awaiting its next chapter. Positioned on a sprawling 1,211sqm approx. allotment with a 30m frontage, this grand residence is brimming with potential, offering the perfect canvas for a breathtaking transformation.
Set behind a secure fence with dual driveway access, the home's generous footprint extends deep into the block, providing a rare opportunity to reimagine luxury living on a grand scale. With a majestic return verandah, soaring original ceilings, expansive hallways, original hardwood floors and the intricate period detailing all whisper of a bygone era, ready to be brought back to life with thoughtful restoration.
Stepping outside, the hero is surely the sparkling pool, surrounded by multiple paved entertaining areas, both open and undercover to entertain from year-round. Beyond its stately presence, the home offers easy vehicle access to an oversized double carport and stand-alone double garage, ideal for multiple vehicles, storing tools, the boat or caravan, or even a weekend project for the dedicated craftsman. The second gated driveway is a rare addition that provides potential for further parking, vehicle storage or could make for a stunning circular driveway.
Positioned in the coveted, tightly held suburb of Myrtle Bank, this home is moments from Glen Osmond and Fullarton Road, offering seamless access to both the Adelaide Hills and CBD in just 15 minutes. Enjoy proximity to Frewville Foodland, Unley Shopping Centre, and Burnside Village, as well as highly sought-after public and private schools—all just a short walk or drive away.
For those with a vision, this is more than a home—it's an opportunity to create a landmark estate in one of Adelaide's finest addresses, don't let this extraordinary potential slip away. Please don't hesitate to reach out to Chris (0416 041 044) today with any enquiries.
CT / Vol 5627 / Folio 530
Year Built / 1920
Land Size / 1,211sqm approx.
Frontage / 30m
Council / City of Unley
Title / Torrens
Zoning / Residential
Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Listing description written by Chris & Sonja Dunbar, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.