If you compare the increase in value of investment property in Myrtle Bank, 5064 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.53%.
Comparing Myrtle Bank,5064 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Myrtle Bank, 5064 is offering SA ‘s 114th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.
Myrtle Bank is 378th on a list of best yielding suburbs for rents in SA with a 2.82% return
Giving property investors a an average capital gain of 3.13% for the last year, Myrtle Bank, 5064 is the 834th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Myrtle Bank,5064 has racked up an average of 3.13% over the period. This ranks it number 1657th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.09% to buyers in Myrtle Bank at the moment, which is less than average for the rest of SA.
At number 1006 in a list of fastest selling suburbs, Myrtle Bank is in the bottom 40% of suburbs in Australia with an average of days on market 91.83 for properties listed there.
The SA suburb of Myrtle Bank, 5064 is in the Unley local government area.