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 › Ferguson Ave
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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.
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 AdelaideUnder Contract By Josh Edgar 0433 233 466
Price Change $340,000! Best Offer By 9/12 @ 5PM Unless Sold Prior
Contact me for an inspection, 0433 233 466
Invest for now, & for your future! For sale singularly or as a pair, situated in a prestigious eastern location.
Situated in the highly desirable suburb of Myrtle Bank, in a quiet group of four, sits two fantastic investment opportunities which can be bought as a pair or singularly. Unit 2 $340,000 & Unit 4 $360,000. With both properties currently tenanted at $300pw until early 2020, this will suit the savvy investor or future owner occupier alike.
The properties offered at 2 & 4 are both two bedroom, one bathroom, one living/dining area and one parking space onsite.
Unit two offers an open plan living and dining area featuring carpeted flooring, pendant lighting, ceiling fan and a split system. Unit 4 differs as it features timber flooring throughout the property and wooden slatted venetian blinds.
The well kept original kitchen of unit 2 features laminate flooring, ample overhead and under bench cabinetry, electric cooktop with oven and sink.
The updated and well equipped kitchen of unit 4 showcases stainless steel electric cook top with rangehood, oven, dishwasher, fridge provision, microwave provision, pantry, ample overhead and under bench cabinetry and laminate benchtops.
Both master bedrooms are equipped with built in robes and timber flooring whilst the second bedrooms of both are of a good size.
The bathroom of unit 2 is semi updated with terrazzo flooring, full size bath tub, WC, vanity and semi frameless shower while unit 4 is in original and neat condition.
Other features you’ll love:
Unit 4 is set at the rear of the group and only has one shared wall.
Both with full size laundries with wash troughs and washing machine provisions
Sun room’s
Guaranteed rental return until 2020
Whether you are looking for a great investment in a blue chip location or somewhere to live with great amenities and schooling close by, look no further than 107 Ferguson Avenue.
Rates for both properties are equal
Council / $855.85pa e.a
Water & Sewer / $74.45pq & $82.24pq e.a
ESL / TBA
Strata Fees / $525pq e.a
Year built / 1965
Strata Title
Strata Manager / Best Strata
Council / Unley
Zoning / RR
Speak to TURNER Property Management about managing this property
#expectmore
Josh Edgar 0433 233 466
Listing description written by Josh Edgar, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.