2/7 Riverdale RoadMyrtle Bank SA 5064
Property Details for 2/7 Riverdale Rd, Myrtle Bank
2/7 Riverdale Rd, Myrtle Bank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 98m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (January 2021)
This spacious homette will attract first home buyers or investors, whilst also being the perfect compromise for those looking to downsize, yet still have room to move.
The location will instantly appeal to those wanting to exploit the near city location and facilities that Myrtle Bank has to offer. Reserves are only a short walk away, whilst shopping centres are only minutes away and public transport is at the end of the street. The proximity to the Adelaide Hills and the pretty "tourist towns" is an added attraction.
The Strata Titled unit with street frontage comprises a spacious lounge / dining room with bay window, separate kitchen, 2 generous bedrooms both with built in robes, bathroom, and separate laundry.
Not to be missed:
Split system reverse cycle air conditioning.
Ceiling fans.
Attached carport.
Private and protected alfresco living areas.
Shady rear yard with sheds.
The homette is ready to be taken to the next level and perfect for those looking for a property where they can value add in this ever-popular location.
Property History for 2/7 Riverdale Rd, Myrtle Bank, SA 5064
- 04 Feb 2021Sold for $507,000
- 31 Dec 2020Listed for Sale $439,000 - $479,000
- 13 Dec 2004Sold for $285,000
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0About 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 1,153 properties. Over the last 5 years, Houses in Myrtle Bank have seen a 80.33% increase in median value, while Units have seen a 60.39% increase. As at 31 October 2024:
- The median value for Houses in Myrtle Bank is $1,755,061 while the median value for Units is $655,189.
- Houses have a median rent of $900 while Units have a median rent of $535.
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