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Myrtle Bank
TAS, 7259 - Launceston

Thinking about buying in Myrtle Bank? Now could not be a better time, with just 30 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $465,000 with prices in this suburb ranging from $307,000 to $544,000. The aproximate distance to the coast is 26 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Myrtle Bank Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Myrtle Bank driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Myrtle Bank ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Myrtle Bank classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Myrtle Bank requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Properties for sale Myrtle Bank

Ray White 19 GLENFERRIE AV, MYRTLE BANK, SA, 5064 Beds4 Bathrooms2 Parking 2 2100000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Myrtle Bank there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Myrtle Bank weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.313.125.237.486.63.026.1
Feb1.313.124.639.385.72.923.3
Mar1.611.121.247.391.22.717.8
Apr2.010.318.251.889.42.613.2
May3.77.813.165.2922.99.0
Jun4.25.810.571.694.13.18.4
Jul4.25.19.970.995.23.68.2
Aug3.95.110.566.595.13.710.4
Sept3.66.513.854.393.23.615.1
Oct2.28.017.247.390.33.220.8
Nov1.39.219.742.391.62.824.8
Dec1.111.823.636.083.72.827.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

TargaLislePatersoniaSpringfieldNorth LilydaleLilydaleNabowlaWest ScottsdaleWyenaUnderwood

Public Transport


General Points of Interest

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