City of Mitcham
Myrtle Bank
Myrtle Bank at a glance
Median house
$1,560,000
-8.2% year on year
Median unit
$404,640
Sales data pending
Days on market
–
Average to sell
Walk score
40
Car dependent
Population
3,158
Median age 54
About
Welcome to Myrtle Bank.
Myrtle Bank is a suburb in Australia.
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Market
The price of a home here.
Median house price
$1,560,000
-8.2% over the past year. Median unit price $404,640.
Sales data as of May 2026· sales-sa
Rental and ownership
Weekly rent (house)
$672/wk
Weekly rent (unit)
$550/wk
Owner occupied
67%
Renter occupied
17%
At a deeper level
$1,560,000
-8.2% annual growth
$404,640
Sales data pending
–
Average days to sell
3,158
Median age: 54
Rental data as of December 2025· rental-sa
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For investors
Investment overview.
Gross Yield (House)
Source: data.sa.gov.au · May 20262.24%
Based on $1,560,000 median
Gross Yield (Unit)
Source: data.sa.gov.au · May 20267.07%
Based on $404,640 median
Annual Growth (House)
Source: data.sa.gov.au · May 2026-8.2%
Year-on-year capital growth
Annual Growth (Unit)
Source: data.sa.gov.au · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202667%
Higher = more owner-occupier demand
Days on Market
Source: data.sa.gov.au · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
5-year trajectory
at -8.2%/yr
2021
$2.4M
5-year change
-35%
2026
$1.6M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
Who lives here
Demographics.
Population
3,158
Median age
54
Family households
66%
Lone person
33%
Demographics data as of May 2026· ABS 2021 Census
Safety
Crime and safety.
15
total offences in 2025-26
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of June 2026· State Police Open Data
Getting around
Walkability.
40
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Myrtle Bank.
Local schools for Myrtle Bank
View the catchment for each school to find out more.
Government School Catchment
Glen Osmond Primary School
Glenunga International High School
Highgate School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
448 mm
Hottest Month (avg max)
28.0°C
Coldest Month (avg min)
7.0°C
Monthly Rainfall (mm)
Weather data from BOM station Adelaide (Kent Town) (11 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Myrtle Bank.
- What is the median house price in Myrtle Bank?
- The median house price in Myrtle Bank, SA 5064 is $1,560,000. The median unit price is $404,640. Annual growth is -8.2%.
- What is the Myrtle Bank postcode?
- Myrtle Bank is in the 5064 postcode, in SA, in the City of Mitcham region.
- What is the average rent in Myrtle Bank?
- The median weekly rent for houses is $672, for units it's $550.
- What schools are in Myrtle Bank?
- There are 20 schools serving Myrtle Bank on this page, including Glen Osmond Primary School, Seymour College, Glenunga International High School.
- How walkable is Myrtle Bank?
- Myrtle Bank has a Walk Score of 40 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Myrtle Bank?
- Myrtle Bank is close to Urrbrae, Glenunga, Fullarton, St Georges, Highgate.
- What is the population of Myrtle Bank?
- Myrtle Bank has approximately 3,158 residents. The median age is 54.
For Sale
Myrtle Bank
Guides
Surrounding Suburbs
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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