Median Sale Price
House
$979K
Updated on Aug 2020
2 BR $565K | 3 BR $880K | 4 BR $1.27M |
Unit
$414K
Updated on Aug 2020
1 BR - | 2 BR $365K | 3 BR $450K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $745,000 | 0.0% | $480,000 | $1,475,000 | 26 |
| 2010 | $680,500 | -9.5% | $540,000 | $1,850,000 | 30 |
| 2011 | $740,000 | +8.0% | $261,250 | $1,600,000 | 26 |
| 2012 | $665,000 | -11.3% | $461,000 | $2,150,000 | 35 |
| 2013 | $664,000 | -0.2% | $157,500 | $1,160,000 | 58 |
| 2014 | $712,000 | +6.7% | $295,750 | $1,550,000 | 33 |
| 2015 | $820,000 | +13.2% | $265,000 | $2,507,000 | 25 |
| 2016 | $930,000 | +11.8% | $395,000 | $1,910,000 | 42 |
| 2017 | $960,000 | +3.1% | $551,000 | $2,100,000 | 26 |
| 2018 | $1,000,000 | +4.0% | $385,000 | $1,826,000 | 30 |
| 2019 | $920,000 | -8.7% | $380,000 | $1,950,000 | 37 |
| 2020 | $850,000 | -8.2% | $420,000 | $1,800,000 | 21 |
Median Sale Price
$866K
Based on 27 recorded sales within the last 12 months
Updated on 23 Oct 2020
Suburb Growth
-6.2%
Current Median Price: $866,000
Previous Median Price: $920,000
Based on 66 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2020)
Price Range Segments (12 months ending Sep 2020)
Median Weekly Rent Price
House
$485
Updated on Sep 2020
2 BR $380 | 3 BR $483 | 4 BR $720 |
Unit
$360
Updated on Sep 2020
1 BR - | 2 BR $350 | 3 BR $610 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $280 | $1,200 | 19 |
| 2012 | $420 | -7.1% | $280 | $750 | 23 |
| 2013 | $450 | +6.7% | $320 | $875 | 24 |
| 2014 | $430 | -4.7% | $310 | $770 | 10 |
| 2015 | $475 | +9.5% | $280 | $730 | 30 |
| 2016 | $480 | +1.0% | $275 | $900 | 19 |
| 2017 | $480 | 0.0% | $165 | $1,250 | 21 |
| 2018 | $480 | 0.0% | $315 | $950 | 27 |
| 2019 | $595 | +19.3% | $360 | $1,125 | 26 |
| 2020 | $480 | -24.0% | $330 | $675 | 12 |
Median Rent Price
$480
per week
Based on 16 recorded rent within the last 12 months
Updated on 23 Oct 2020
Rent Price Growth
-16.7%
Current Median Rent: $480
Previous Median Rent: $560
Based on 44 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $866,000
Current Median rent: $480
Based on 43 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2020)
Auction Results For Myrtle Bank
Houses sold in Last 12 months ends 17 Oct 2020
$1.45M
Median Sale Price
50%
Clearance Rate
2/4
Sold/Reported
$1.45M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M (Median Price Range) | 1 | |
| $1.2 M - $1.4 M | 1 | |
Schools closest to Myrtle Bank, SA 5064
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Highgate SchoolTop 20 | HAMPSTEAD AVENUEHighgate 5063 | Primary | Government | 0.47 km |
| St John's Lutheran SchoolTop 100 | 20 HIGHGATE STHighgate 5063 | Primary | Independent | 0.58 km |
| Urrbrae Agricultural High SchoolTop 100 | FULLARTON ROADNetherby 5062 | Secondary | Government | 0.71 km |
| Concordia CollegeTop 50 | 45 CHELTENHAM STREETHighgate 5063 | Secondary | Independent | 0.87 km |
| Unley High SchoolTop 50 | KITCHENER STREETNetherby 5062 | Secondary | Government | 1.21 km |
| Glen Osmond Primary SchoolTop 100 | FISHER STREETMyrtle Bank 5064 | Primary | Government | 1.06 km |
| Glenunga International High SchoolTop 5 | L'ESTRANGE STREETGlenunga 5064 | Secondary | Government | 1.46 km |
| Mercedes CollegeTop 20 | 540 FULLARTON RDSpringfield 5062 | Combined | Catholic | 1.75 km |
| Mitcham Primary SchoolTop 50 | HILLVIEW ROADKingswood 5062 | Primary | Government | 1.63 km |
| St Raphael's SchoolTop 100 | 114 GLEN OSMOND RDParkside 5063 | Primary | Catholic | 1.76 km |