With a capital gain of 12.62% for the last 12 months, Myrtle Bank, 5064 has performed for property investments than its average annual 6.51% property growth over the last 5 years.
Over the longer term, Myrtle Bank has seen property prices show investors a 30.48% return over the last 3 years. This is worse than over the last 12 months
The SA suburb of Myrtle Bank, 5064 is in the Unley local government area.
Myrtle Bank is in the bottom 40% in SA when comparing median price capital growth over the last year. Myrtle Bank gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.56%.
Myrtle Bank,5064 was ranked 484 in Australia by increase in median property value over the quarter.
Property buyers and investors in Myrtle Bank 5064 should be seeing an average reduction in asking price of around -3.48% . This means that Myrtle Bank is holding prices well when compared to other suburbs in SA.
In the last year 13 properties changed hands in Myrtle Bank, which puts it as the 160th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.