Is MYRTLE BANK a good suburb for positive geared property investment in Australia?

MYRTLE BANK in SA currently features property rental yields up to 2.5% with a 12-month capital growth value of Up 11.8%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MYRTLE BANK 5064?

The median house price in MYRTLE BANK 5064 is approximately $1,780,000 based on the latest tracked market indices.

Investment Spotlight • Australia

MYRTLE BANK 5064

State: SA

Updated: 6 August 2026

PosiProp AI Investment Summary

MYRTLE BANK (SA 5064) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.5% and has experienced a 12-month capital growth of Up 11.8%, with a median house buy price of $1,780,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$950,000

Down -14.1% 2.4% Yield

3 house • buy

$1,495,000

Up 0.3% 2.5% Yield

4 house • buy

$2,178,500

Up 28.2% 2.5% Yield

all house • buy

$1,780,000

Up 11.8% 2.5% Yield

Suburb Market Profile

Last month Myrtle Bank had 5 properties available for rent and 3 properties for sale. Median property prices over the last year range from $1,780,000 for houses to $753,000 for units. If you are looking for an investment property, consider houses in Myrtle Bank rent out for $775 PW with an annual rental yield of 2.5% and units rent for $560 PW with a rental yield of 2.8%. Myrtle Bank has seen an annual compound growth rate of 11.8% for houses and 7.6% for units.

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