12 Spence Ave, Myrtle Bank is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 709m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 1993.
W&R Real Estate is proud to present a rare and exciting opportunity in one of Adelaides most tightly held eastern suburbs.
Set on a substantial 699sqm allotment with a 16.5m frontage, this property is zoned Urban Renewal Neighbourhood under the City of Unley Council, opening the door to a range of development possibilities (Subject to Council Consent).
Perfectly positioned just 7km from the Adelaide CBD, 12 Spence Avenue offers a highly connected lifestyle with public transport access via nearby Cross Road. Residents will also enjoy proximity to a wide array of local amenities including quality schools, shopping precincts, cafes, parks, and medical facilities.
Opportunities of this nature in Myrtle Bank are increasingly rare, making this a compelling proposition for developers, strategic investors, or those seeking a premium landholding for future growth.
To register your interest or request further information, contact W&R Real Estate on 0481 391 041 or email sales@wilsonrossi.com.au.
Property Information:
Land Size: 699sqm
Frontage: 16.5m
LGA: City of Unley
Disclaimer: Every care has been taken to verify the accuracy of the information provided. W&R Real Estate accepts no liability for errors or omissions. Prospective purchasers are encouraged to conduct their own independent enquiries.
W&R Real Estate
RLA 320 080
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 2016 was 2883 people. By 2021 the population was 3158 showing a population growth of 9.5% 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 over $4000 per month on mortgage repayments. In general, people in Myrtle Bank work in a professional occupation.In 2021, 66.80% of the homes in Myrtle Bank were owner-occupied compared with 69.90% in 2016.
Myrtle Bank has 1,160 properties. Over the last 5 years, Houses in Myrtle Bank have seen a 80.61% increase in median value, while Units have seen a 67.31% increase. As at 31 January 2026:
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