OFF MARKET

3 Palmer Avenue
Myrtle Bank SA 5064

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 805m2
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Property Details for 3 Palmer Ave, Myrtle Bank

3 Palmer Ave, Myrtle Bank is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1944. The property has a land size of 805m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Year Built
1944
Floor Size
108m2
Land Size
805m2
Local Government
Unley
Lot/Plan
A253/F15853

Last Listing description (August 2015)

Auction Saturday 4th of July at 2.30pm
Myrtle Bank homes are tightly held, many homes span the generations. Number 3 Palmer Avenue has been owned by one family since the 1940's. There's a quaint 70 yr old garden house / garage which still stands, built by the newly-weds when times were tough. It was home until circumstances allowed for a 'Real House', in the 1950's. It's a freestone fronted home which they built themselves.
Still retained are the authentic, original retro kitchen, bathroom and laundry. It's a step back in time.

Currently the rooms are disposed as three well maintained bedrooms with polished boards and a large lounge. It has a humble feel and is as honest as the day it was built.
Options are numerous with potential to renovate, extend, go up or out on a deep block of land of 836sqm approx. or to Develop STCC.
This is a wonderful opportunity to create a dream home in Myrtle Bank on the high side of the Avenue with a park like outlook situated opposite Scammell Reserve and within walking distance of Glen Osmond Road.
On the market for the first time since it was subdivided, to finalise a deceased estate, this opportunity is rare. Not often does a home like this come onto the market basically untouched since new.
Myrtle Bank is one of the most sought after eastern suburb addresses due to the local school and lifestyle options. Transport access is extensive and the area is bounded by Fullarton, Cross and Glen Osmond Roads and Fisher Street; it's less than 6 km from CBD and close to escapes to the Adelaide Hills or beaches.
For further information please contact Gabrielle Overton on 0416 080 525 or 08 8291 9444 (office).
RLA 265613
The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public -
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Property History for 3 Palmer Ave, Myrtle Bank, SA 5064

A timeline of how this property has performed in the market
Last Sold
$665,000
03 Aug 2015
  • 03 Aug 2015
    Sold for $665,000
  • 16 Jun 2015
    Listed for Sale Not Disclosed
  • 20 Jan 2011
    Transferred

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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 1,152 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.
There are currently 2 properties listed for sale, and 1 property listed for rent in Myrtle bank on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Myrtle bank.

Suburb Insights for Myrtle Bank 5064

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.