Suburb Profile

Suburb profile for,

Myrtle Bank, SA 5064

About Myrtle Bank

Myrtle Bank (5064) is a suburb in South Australia that continues to attract attention from both homeowners and investors.

Demographics and Community

Myrtle Bank has a population of approximately 2,875, a median age of 52, a median weekly household income of $1,472.

Property Market Overview

The current median house price in Myrtle Bank is $1,470,000. Average annual growth is 13.1%.

Properties in Myrtle Bank spend an average of 24 days on market.

Rental Market

The median weekly rent for houses in Myrtle Bank is $425. Gross rental yield is 2.50%.

Nearby Suburbs

Explore other suburb profiles in the area: Glenside, SA, Highgate, SA, Frewville, SA, Fullarton, SA, Linden Park, SA.

Considering Myrtle Bank for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Myrtle Bank or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Myrtle Bank, SA 5064

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
SA
Suburb
MYRTLE BANK
Postcode
5064
Median price for all dwellings
$1,470,000
Last 12 months growth return
Up 13.1%
Avg. dwellings for sale in the suburb every month
8
Avg. dwellings sold in the suburb in previous 12 months
25
Avg days on market for a dwelling listing to sell
24 days
Avg. number of people searching in this suburb every month
1124
Avg. rental yield per annum
2.50%
Weekly median rent for all dwellings
$425 per week
Median price for all houses
$1,470,000
Avg. rental yield growth in the previous 12 months
2.50%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
2875
Total suburb population change in 5 years up to 2016
-2.20%
Avg. household income per week
$1,472
Median age of the population in the suburb
52
Historic avg annual growth return per annum in the suburb
10.06%