OFF MARKET

1 Ridge Avenue
Myrtle Bank SA 5064

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 136m2
Land area: 760m2
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Property Details for 1 Ridge Ave, Myrtle Bank

1 Ridge Ave, Myrtle Bank is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 760m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Year Built
1940
Floor Size
136m2
Land Size
760m2
Local Government
Unley
Lot/Plan
A68/D3323

Last Listing description (August 2014)

A fabulous development block or make an offer on either of the 2 potential blocks of land - it's your choice.

The property has been renovated and the block allows ample space to extend. It's in a quiet spot at the end of a no through road and right next door to beautiful Ridge Park. The views from the lounge room take in the tree tops of Ridge Park. The property has plenty of space for children and pets plus you can all enjoy the park with access to the playground and tennis courts.


The home has 4 bedrooms, all with built-ins, polished timber floors, timber kitchen with dishwasher, and gas hotplates and electric oven, an open plan meals and family area plus a second living area or large study.

There's a rear garage with entertaining area and garden shed/workshop.

On 760sqm (19.2m x 39.5m) the price range is $750,000 to $775,000.

Alternatively, the Unley Council has given provisional approval to demolish the house and divide the land into 2 blocks. The owners will demolish the house and sell the blocks.

If you're looking at a low maintenance block to build the home of your dreams, consider these at $429,000 each. (9.6m x 39.5m = 380sqm each).

Myrtle Bank is beautiful suburb, with tree lined streets filled with lovely homes; near Unley Road shops, very good schools, public transport and just minutes away from the City, Burnside Village or Mitcham Shopping Centre.

For more information, call Dennis Agostini on 0422 526 437.

RLA 61345

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Property History for 1 Ridge Ave, Myrtle Bank, SA 5064

A timeline of how this property has performed in the market
Last Sold
$740,000
07 Oct 2014
Listed for Rent
$440/w
22 Jul 2011
  • 07 Oct 2014
    Sold for $740,000
  • 26 Sep 2014
    Listed for Sale SOLD - $740,000
  • 30 Jul 2014
    Listed for Sale $750,000 - $775,000
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About Myrtle Bank 5064

The size of Myrtle Bank is approximately 1.2 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Myrtle Bank in 2011 was 2,939 people. By 2016 the population was 2,875 showing a population decline of 2.2% in the area during that time. The predominant age group in Myrtle Bank is 80-89 years. Households in Myrtle Bank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Myrtle Bank work in a professional occupation. In 2011, 66% of the homes in Myrtle Bank were owner-occupied compared with 69.9% in 2016.

Myrtle Bank has 1,151 properties. Over the last 5 years, Houses in Myrtle Bank have seen a 65.75% increase in median value, while Units have seen a 45.59% increase. As at 30 September 2024:

  • The median value for Houses in Myrtle Bank is $1,710,418 while the median value for Units is $616,299.
  • Houses have a median rent of $900 while Units have a median rent of $530.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Myrtle bank on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Myrtle bank.

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