Property value increases in Myrtle Bank have tracked higher than the SA average of 3.17% over the last 12 months.
The five-year average increase in median property values for Myrtle Bank,5064 has given property investors a potential capital gain of 26.35% across each of those five years.
Property buyers and investors in Myrtle Bank 5064 should be seeing an average reduction in asking price of around -9.63% . This means that Myrtle Bank is holding prices well when compared to other suburbs in SA.
Residents and property investors in Myrtle Bank have been waiting around 71.84 days to sell a property.
Myrtle Bank is in the bottom 20% in SA when comparing median price capital growth over the last year. Myrtle Bank gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.56%.
Sellers are offering property buyers an average discount of -3.70% to buyers in Myrtle Bank at the moment, which is less than average for the rest of SA.
Myrtle Bank is 140th on a list of best yielding suburbs for rents in SA with a 4.22% return