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 2.5% and has experienced a 12-month capital growth of Up 6.2%, with a median house buy price of $1,767,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$950,000
$1,495,000
$2,207,000
$1,767,500
Suburb Market Profile
Last month Myrtle Bank had 2 properties available for rent and 2 properties for sale. Median property prices over the last year range from $1,767,500 for houses to $753,000 for units. If you are looking for an investment property, consider houses in Myrtle Bank rent out for $850 PW with an annual rental yield of 2.5% and units rent for $560 PW with a rental yield of 2.9%. Myrtle Bank has seen an annual compound growth rate of 6.2% for houses and 7.6% for units.
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