Suburb Profile Report for Tusmore SA (5065)

Tusmore House: Median price $953,500, Annual capital growth 6.19%, Number of sales 17, Weekly median advertised rent $625

Tusmore Unit: Median price $389,500, Annual capital growth 8.68%, Number of sales 18, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Tusmore has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -13.32% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tusmore has fallen somewhat when compared to the 5 year average annual rate.

In the last year 17 properties changed hands in Tusmore, which puts it as the 411th most active market in SA when comparing the number of sales per suburb.

Advertised rents are around the $625 mark per week – giving a return of 3.41% based on the median price in Suburb

Tusmore, 5065 ranked 83th in SA when comparing growth in median property values or capital gain over the last 12 months. Tusmore is one of 853 in our list for SA

Tusmore,5065 has offered an average of 3.87% return per annum in house price rises to property investors over the last three years.

Tusmore, 5065 is offering SA ‘s 3rd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

Tusmore, 5065’s gross rental yield is 4.01%

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Tusmore is a stand-out location and is recognised as one of the cleanest and most original suburbs in Adelaide. Centrally located between Cosmopolitan Norwood Parade and Nationally acclaimed Burnside Village as well as excellent schools including Pembroke and Marryatville High School. Located only 5km from the CBD of Adelaide, Tusmore provides easy access to all areas of Adelaide and surrounding suburbs.

The suburb is dominated by houses with extraordinary character, on nice big blocks up to approx. 2,000sqm. Whether it is Grand Freestone Gentleman's Bungalows or Sandstone Tudors they offer excellent family based accommodation. Tusmore contains a number of wide green Avenues with Jacarandas and a number of parks, in particular the well known Tusmore Park.

Tusmore home prices will continue to rise and sit close to the top of the market tree as it offers great lifestyle and it is so close to the city and great local shopping Full summary
Tusmore is a stand-out location and is recognised as one of the cleanest and most original suburbs in Adelaide. Centrally located between Cosmopolitan Norwood Parade and Nationally acclaimed Burnside Village as well as excellent schools including Pembroke and Marryatville High School. Located only 5km from the CBD of Adelaide, Tusmore provides easy access to all areas of Adelaide and surrounding suburbs.

The suburb is dominated by houses with extraordinary character, on nice big blocks up to approx. 2,000sqm. Whether it is Grand Freestone Gentleman's Bungalows or Sandstone Tudors they offer excellent family based accommodation. Tusmore contains a number of wide green Avenues with Jacarandas and a number of parks, in particular the well known Tusmore Park. 

Tusmore home prices will continue to rise and sit close to the top of the market tree as it offers great lifestyle and it is so close to the city and great local shopping 

Selling points: 
- Tree lined streets
- Large Allotments
- Character Homes 
- Close the CBD
- Close to Private and Public Schools
- Close to Burnside Hospital
- Close to local amenities
- Close to public transport

Most sought after properties:  
- Character homes, particularly Sandstone Bungalows and Tudors.

Most common properties:  
- Grand Sandstone Tudors.

Top amenities: 
- Close to Norwood Parade and Burnside Village
- Local strips of Coffee outlets

Local industry and business:
- Burnside Hospital
- Coffee Shops 

Best streets: 
- Tusmore Avenue
- Northumberland Street

Public transport: 
 The public buses can be easily accessed along the main arterial roads listed below as well as Stirling Street and Tusmore Avenue.

Main arteries: 
- Portrush Road
- Greenhill RoadClose
HOUSE UNIT
$953,500 $389,500
-4.65% 0.99%
-13.32% 3.87%
6.19% 8.68%
$625 $300
17 18
3.41% 4.01%
N/A 25.5

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1328
Median household income ($/weekly) 1868
Median age of persons 44
Median housing loan repayment ($/monthly) 1975
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 181 13.6
    35-44 years 160 12.0
    45-54 years 220 16.6
    55-64 years 209 15.7
    65-74 years 126 9.5
    Others 432 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 606 57.9
    Not Married 405 38.7
    Defacto Relationship 35 3.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1009 77.3
    Croatia 16 1.2
    Malta 27 2.1
    United Kingdom 77 5.9
    Other 51 3.9
    Others 125 9.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 1.9
    Christianity 886 70.2
    Hinduism 12 1.0
    Other Religious Groups 9 0.7
    No Religion 323 25.6
    Others 9 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 39 8.7
    $1,500-$1,999 41 9.2
    $2,500-$2,999 53 11.9
    $3,000-$3,499 52 11.6
    $4,000 or more 50 11.2
    Others 212 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 399 36.9
    Not in the labour force 350 32.4
    Employed, worked part-time 271 25.1
    Unemployed, looking for work 34 3.1
    Employed, away from work 27 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 118 17.0
    Professionals 261 37.5
    Technicians & trades workers 53 7.6
    Clerical & administrative workers 117 16.8
    Sales 59 8.5
    Others 88 12.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 135 33.8
    Secondary 111 27.8
    Technical or Further Educational Institution 18 4.5
    University or other Tertiary Institutions 120 30.1
    Other type of educational institution 9 2.3
    Others 6 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1108 86.0
    Flat, unit or apartment 136 10.6
    Semi-detached, row or terrace house, townhouse 45 3.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 233 47.5
    Being purchased 156 31.8
    Rented 102 20.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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