All About Myrtle Bank, Unley, SA, 5064
Myrtle Bank, a charming suburb in the City of Unley, South Australia, offers a unique blend of suburban tranquility and urban convenience, making it a sought-after location in the housing market. The suburb is characterized by its well-established residential areas, lined with a mix of period homes, contemporary builds, and lush gardens, reflecting a diverse architectural palette. Myrtle Bank’s proximity to Adelaide's city center enhances its appeal, providing residents with the advantage of both a serene environment and easy access to the bustling metropolitan amenities. The housing market here has shown resilience and steady growth, attributed to the suburb’s location, its appealing lifestyle offerings, and the high demand from families and professionals seeking a balanced lifestyle. Buyers are often drawn to the suburb by its leafy streets, accessibility to quality education, and strong community vibe.
Living in Myrtle Bank promises a serene and fulfilling lifestyle, blending the best of both suburban peace and urban facilities. Residents enjoy the luxury of verdant parks and recreational areas that dot the suburb, perfect for weekend leisure and family outings. The community is tight-knit, with a welcoming atmosphere that promotes neighborly interactions and vibrant local events. Myrtle Bank is also well-connected in terms of transport, making commutes straightforward whether for work or leisure trips into Adelaide. Local amenities include boutique shops, cafes, and essential services, enhancing daily living convenience. Its esteemed schools and proximity to prestigious educational institutions make it a popular choice for families. Overall, Myrtle Bank provides a harmonious setting for those looking to enjoy a high quality of life within reach of city advantages.
Household Makeup
| Median Weekly Rent | $418.27 |
| Median Monthly Mortgage | $2335.18 |
| Median Persons Per bed houseroom | 0.82 |
| Average Household Size | 2.73 |
| Average Age | 52.27 |
| Average Income | $870.91 |
| Average Cars Per Dwelling | 1.77 |
| Average Properties Within 50M | 25 |
| Typical 1 bed house | $806,000 |
| Typical 2 bed house | $727,000 |
| Typical 3 bed house | $1,505,000 |
| Typical 4 bed house | $1,993,000 |
| Typical 5 bed house | $2,518,000 |
| Typical 6 bed+ house | $2,383,000 |
Housing Stock
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Myrtle Bank Real Estate Market Outlook
Thinking about buying in Myrtle Bank? Now could not be a better time, with 1694 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,508,000 with prices in this suburb ranging from $267,000 to $7,327,000. The aproximate distance to the coast is 10 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Myrtle Bank are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Myrtle Bank classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Myrtle Bank requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationHouses for sale Myrtle Bank
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1549 Patersonia Road, Myrtle Bank, TAS, 7259 |  3 |
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Best offer over $495,000 |
Local Schools
Glen Osmond Primary School
Urrbrae Agricultural High School
Highgate School
Sunrise Christian School Fullarton
Seymour College
Concordia College
Glenunga International High School
Unley High School
Linden Park Primary School
Mercedes College
(While the above schools are located with the suburb of Myrtle Bank there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Myrtle Bank weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.6 | 11.1 | 23.4 | 42.3 | 91.6 | 3.8 | 24.7 |
| Feb | 1.7 | 11.8 | 22.7 | 48.0 | 91.7 | 3.7 | 19.0 |
| Mar | 2.4 | 10.8 | 21.1 | 50.7 | 93.0 | 3.4 | 15.1 |
| Apr | 2.5 | 8.2 | 17.6 | 56.2 | 93.8 | 3.3 | 10.8 |
| May | 2.6 | 5.8 | 14.6 | 60.5 | 94.1 | 3.4 | 7.6 |
| Jun | 3.5 | 4.6 | 12.6 | 63.7 | 95.5 | 3.4 | 6 |
| Jul | 4.0 | 3.9 | 11.9 | 64.1 | 95.2 | 3.6 | 6.1 |
| Aug | 3.2 | 3.8 | 12.4 | 58.4 | 94.3 | 3.8 | 8.8 |
| Sept | 2.5 | 4.9 | 14.5 | 54.5 | 94.3 | 3.7 | 13.2 |
| Oct | 2.1 | 6.0 | 16.6 | 51.9 | 94.3 | 3.6 | 18.7 |
| Nov | 2.3 | 8.2 | 19 | 50.9 | 94.5 | 3.7 | 22.7 |
| Dec | 1.7 | 9.8 | 21.5 | 44.8 | 92.7 | 3.9 | 25.0 |
source: Australian Government Bureau of Meteorology
Public Transport
East Tamar - Greater then 10KM
Western Junction - Greater then 10KM
Penny Royal - Greater then 10KM
Windmill - Greater then 10KM
Tamar River Cruises - Greater then 10KM
Cataract Cruises - Greater then 10KM
Nearby Suburbs
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