Investment property in Myrtle Bank has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.22%
Over the longer term, Myrtle Bank has seen property prices show investors a 30.00% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Myrtle Bank is giving property investors an average Vendor Discount of around -5.83%. This puts suburb at number 167th in SA when ranking the most discounted suburbs.
At number 1029 in a list of fastest selling suburbs, Myrtle Bank is in the TOP 30% of suburbs in Australia with an average of days on market 54.54 for properties listed there.
Over the last year, property investments in Myrtle Bank, 5064 have given investors a capital gain of 16.39%. This compares very favourably with the 2.69% for SA as a whole.
Over the longer term, Myrtle Bank has seen property prices show investors a 28.10% return over the last 3 years. This is worse than over the last 12 months
Property investors should expect to get $357.5 weekly from the median priced house in this suburb.