2/7 Riverdale Road, Myrtle Bank, SA 5064 | Property Value & History | OnTheHouse
OFF MARKET

2/7 Riverdale Road
Myrtle Bank SA 5064

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 98m2
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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.

Building Type
Unit
Year Built
1972
Floor Size
95m2
Land Size
98m2
Local Government
Unley
Lot/Plan
U2/S743

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

A timeline of how this property has performed in the market
Last Sold
$507,000
04 Feb 2021
  • 04 Feb 2021
    Sold for $507,000
  • 31 Dec 2020
    Listed for Sale $439,000 - $479,000
  • 13 Dec 2004
    Sold for $285,000
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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 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 82.09% increase in median value, while Units have seen a 65.70% increase. As at 31 December 2025:

  • The median value for Houses in Myrtle Bank is $1,947,774 while the median value for Units is $736,386.
  • Houses have a median rent of $850 while Units have a median rent of $570.
There are currently 1 property listed for sale, and 1 property listed for rent in Myrtle bank on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Myrtle bank.

Suburb Insights for Myrtle Bank 5064

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.