Myrtle Bank SA Property Investment

Unley · 5064

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Median House Price
$2.29M
As of 9 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$760K
As of 9 Nov 2026.
Population (Census 2021)
3,158

Myrtle Bank Short-Term Rental Market

Short-stay estimate: run a brief
New dwellings approved
New dwellings approved, Unley council area, 12 months to Aug 2026: 276. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Myrtle Bank.

Suburb Metric Thresholds

6 green1 yellow0 red
Population growth 2016–21, postcode 5064 (ABS Census)
1.77 high impact
Median Household Income
2131 medium impact
Public Transport Score
7.2 medium impact
School Zone Quality
8.8 medium impact
Distance to CBD
4.67 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
77.6 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 5064

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population (suburb)

3,158

Education (IEO)

10/10

Econ. Resources (IER)

9/10

Crime & Safety

Source: South Australia Police · 12 months to Jun 2026

Safety score

7.8/10

Offences per 1,000

17.7

Recorded offences

56

Myrtle Bank: score 1–10, relative to other SA suburbs (10 = lowest recorded offence rate per resident). Recorded offences, 12 months to Jun 2026 (suburb-level).

Source: South Australia Police, recorded offences, 12 months to Jun 2026. Population: ABS Census 2021 (SAL). Licensed under CC BY 3.0 AU. Dataset

Schools

In your catchment

Glen Osmond Primary School
PrimaryGovernment
8.8/10
Unley High School
SecondaryGovernment
7.6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.