Myrtle Bank is a rural locality in the local government area of Launceston, in the Northern region of Tasmania. It is located about 34 kilometres (21 mi) north-east of the city of Launceston. The 2016 census determined a population of 40 for the state suburb of Myrtle Bank.

The locality was gazetted in 1963.

The St Patricks River forms part of the south-eastern boundary.

The Tasman Highway (A3) passes through the eastern corner of the locality. The C828 route (Targa Hill Road) enters from the south-east and runs through to the south-west boundary, where it ends.