PEACE, love and understanding were widely-held values in the 1960s, and Sean Power says they are still ideals present in tightly-held Myrtle Bank today.
Sean is sadly selling a three-bedroom family home on 805sqm in Palmer Ave, after his mother passed away.
“This is to finalise her estate on behalf of the family,” he says. “It’s a loved family home with great memories growing up here. It was close to the city for going to Adelaide University as well as for my brother attending Flinders University while growing up.
“Myrtle Bank is ideal for families as it’s close to the city, schools and major bus routes, as well as major shopping centres.”
Sean says it’s an ideal location as a catchment area for prestigious public and private schools including Glenunga International High School, Unley High School and Concordia College.
“There’s also a nice walking trail that follows the creek line running from near the Fullarton Scout Group and the top of Palmer Ave, through to Ridge Park, with very tall gum trees along the route,” he says. “It’s a really beautiful walk. Ferguson Ave is a trendy street with many homes on vast blocks even now. There was an old windmill in the back of one, I remember, growing up there.”
Sean says Myrtle Bank rates highly as a tranquil, quiet area. “It’s a very friendly neighbourhood and the Adelaide Hills are a lovely backdrop,” he says. Only 32 houses sold in the suburb in the past 12 months, CoreLogic data shows.
Its median house price rose a healthy 25.7 per cent in the last three years.
Sales agent Matt Smith of Klemich Real Estate says Myrtle Bank is very popular, being so close to the city and arterial roads like Cross and Fullarton roads.
“It’s just a nice, leafy suburb and so family-friendly,” he says.
“It’s getting younger as empty-nesters are moving out and it’s surrounded by quality suburbs like Highgate. Myrtle Bank has a lovely blend of older and new or renovated homes. A number of large, new homes have replaced some older homes in the past couple of years.”
Myrtle Bank is a leafy suburb about 5km south-east of Adelaide’s CBD, near Glen Osmond, Highgate, Glenunga, Fullarton, Netherby, Malvern, Kingswood, St Georges, Glenside, Urrbrae and Parkside. It is bounded by Fullarton Rd, Fisher St, Glen Osmond Rd and Cross Rd.
MEDIAN HOUSE PRICE
$987,000.
AVERAGE HOLD PERIOD
10.3 years.
MEDIAN ASKING RENT
$460 per week for houses.
$358 per week for units.
ORIGIN OF SUBURB NAME
Named after early settler William Sanders’ home in the foothills of the same name built about 1842. Historian Geoffrey H. Manning says the suburb was laid out in 1917 by John Frederick Martin and described in 1924 as a “subdivisional paradise of pretty bungalows”.
SCHOOLS
There is a wide selection of quality schools within a 2km radius, including Highgate School (primary), Glen Osmond Primary School, St Raphael’s School (primary, Catholic), Sunrise Christian School (combined), Urrbrae Agricultural High School, Concordia College (primary and secondary, independent), Glenunga International High School and Unley High School.
TYPICAL FEATURES
Myrtle Bank is home to many classic bungalows in tree-lined streets, often set on larger than most traditional size allotments. Plenty of recreational reserves and walking paths feature throughout the suburb. CoreLogic data shows about 53.6 per cent of homes are detached houses and about 33 per cent are semi-detached homes or apartments. Only about 17 per cent of homes are rented.
LOCATION ATTRACTIONS
Ridge Park includes a dedicated skateboard area on Myrtle Bank’s east boundary.
The Frewville Foodland store is a food shoppers’ magnet, and shoppers can also indulge at the Arkaba Village shopping centre and the Burnside Village retail complex at Glenside. Historic Carrick Hill is only five minutes away in Springfield, while the University of Adelaide’s Waite Campus is even closer at Urrbrae. The Waite Arboretum offers collections of labelled trees and plants to enjoy. It’s about a 15-minute drive up the South Eastern Freeway to Stirling in the Adelaide Hills, while the city centre is about a 10-minute drive outside heavy traffic times. Beaches at Glenelg or Brighton are both also easily accessible and are about a 30-minute drive away.
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