MYRTLE BANK 5064
State: SAPosiProp AI Investment Summary
MYRTLE BANK (SA 5064) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.4% and has experienced a 12-month capital growth of Up 7.9%, with a median house buy price of $1,682,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$950,000
$1,446,000
$1,915,000
$1,682,500
Suburb Market Profile
Last month Myrtle Bank had 6 properties available for rent and 10 properties for sale. Median property prices over the last year range from $1,682,500 for houses to $750,000 for units. If you are looking for an investment property, consider houses in Myrtle Bank rent out for $830 PW with an annual rental yield of 2.4% and units rent for $550 PW with a rental yield of 2.9%. Myrtle Bank has seen an annual compound growth rate of 7.9% for houses and -13.5% for units.