$350 ▲ +20.7%
Higher than 71% of suburb / locality areas.
- 2011: $290
- 2016: $310
- 2021: $350
Median weekly rent paid by households renting their home.
Myrtle Bank · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of $2,174 in Myrtle Bank is well above the South Australian figure. This reflects a high-cost housing market where homes are more likely to be owned outright than in the rest of the state. The area features a diverse mix of smaller dwellings and apartments compared to the national norm.
All suburb / locality areas, 2021. The marker is Myrtle Bank — higher than 71% of areas.
| Myrtle Bank | $350 |
|---|---|
| 5064, SA | $400 |
| South Australia | $300 |
| Australia | $375 |
Rents, mortgages and crowding.
The usual monthly mortgage payment is much higher than most areas and well above the state average. Typical weekly rents are also higher than most areas at $350, though this is about the same as the national figure.
$350 ▲ +20.7%
Higher than 71% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,174 ▲ +0.3%
Higher than 80% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Myrtle Bank, the largest group is $350–$549 at 40%, followed by $200–$349 (27%) and Under $200 (19%).
In Myrtle Bank, the largest group is $3,000 or more at 33%, followed by $1,800–$2,999 (27%) and Under $1,000 (21%).
How homes are owned or rented.
Home ownership is strong here, with 39.7% of homes owned outright, which is well above the Australian average. Meanwhile, the share of households renting is far below both state and national levels at 17.4%.
17.4% ▼ -4.7%
Higher than 52% of suburb / locality areas.
Share of occupied private dwellings that are rented.
39.7% ▼ -2.1%
Lower than 55% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Myrtle Bank, the largest group is Owned outright at 40%, followed by Owned with a mortgage (27%) and Rented (17%).
Houses, townhouses, apartments and bedrooms.
Detached houses make up 57.5% of homes, a figure far below the state and national averages. This is consistent with a much lower share of homes having three or more bedrooms compared to most areas.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
57.5% ▼ -4.8%
Lower than 90% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
62.8% ▲ +7.6%
Lower than 83% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Myrtle Bank, Separate house is the majority at 58%; Townhouse / semi-detached is next at 22%.
In Myrtle Bank, the largest group is 3 bedrooms at 37%, followed by 2 bedrooms (30%) and 4 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Myrtle Bank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL40999/myrtle-bank/topic/housing-dwellings