At number 3710th in the list of Australian suburbs ordered by increase in median house value over the last year, Tusmore, 5065 is in the BOTTOM 10% with a property value increase of -11.65% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Tusmore comes in at number 143th in SA.
In the last year 13 properties changed hands in Tusmore, which puts it as the 422th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 4.62%, investors should hope to achieve an overall return of 2.39%
Property investors who have had real estate in Tusmore, 5065 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.07%
Over the longer term, Tusmore has seen property prices show investors a -8.44% return over the last 3 years. This is an improvement over the last 12 months
Renters in Suburb are facing rents around $17680 per annum or $340 every week.
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.
Information supplied by:
08 8364 1700
0418 825 222
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
- 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.
- Close to Norwood Parade and Burnside Village
- Local strips of Coffee outlets
Local industry and business:
- Burnside Hospital
- Coffee Shops
- Tusmore Avenue
- Northumberland Street
The public buses can be easily accessed along the main arterial roads listed below as well as Stirling Street and Tusmore Avenue.
- Portrush Road
- Greenhill Road