11/83 Tusmore Avenue, Tusmore SA 5065
11/83 Tusmore Avenue, Tusmore SA 5065
Rear-corner 1964 unit | 224m² private outdoor | 2/1/1 single-storey | Premium eastern-suburb address | Best for downsizers.
The rear-corner configuration is this property’s clearest competitive edge, as it delivers a level of privacy and usable outdoor space that is uncommon in small unit groups. Built in 1964 and kept as a single-storey layout, it suits buyers seeking low-maintenance living without sacrificing a garden or parking. Open-plan living, built-in robes, and a functional bathroom with separate shower and bath make it immediately livable. Its position near Burnside Village, parks, and well-regarded schools strengthens appeal for first-home buyers, downsizers, and investors who prioritise location over modern finishes. This is typical eastern-suburbs unit stock, not a premium product, and its value is carried by the suburb, the private yard, and the compact footprint rather than architecture or luxury specification.
Condition and extent of updates may materially shape final value, as original 1960s interiors might require modernisation for some buyers. The 224m² land area could offer limited redevelopment potential, though title layout and council constraints are unverified. Split-system air conditioning adds basic comfort, but an older building may carry maintenance costs for roofing or plumbing. Buyer competition for private, ground-level units in this postcode is steady, particularly from downsizers attracted to the single-storey format and outlook over larger houses. The balance between a manageable price point and premium location is likely to determine how quickly a buyer acts.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/83 Tusmore Avenue, Tusmore SA 5065
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Tusmore, in eastern Adelaide, is an established prestige market: median house price sits at $2.39m with 23.7–28.7% annual compound growth over the past year. Demand is driven by high-income professionals and families—average household is 2.6 people, the largest age cohort is 10–19 years, and 40% of owners hold mortgages, while 21% are single. The unit market offers a lower entry point: two-bedroom units median $630k–$720k with weekly rents around $545–$550, reflecting limited supply. House market depth is thin, with only 16–28 annual sales, so price movements reflect a small number of top-end transactions. Future growth will be supported by established family appeal and professional demand. Key constraints include affordability at the top end and sensitivity to rate changes given high mortgage reliance; low turnover exaggerates price swings. School and infrastructure data were not available.
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PropCred Estimated Value
Comparable Sales: 9/83 Tusmore Avenue sold $705,000 in Feb 2025; 10/83 Tusmore Avenue sold $446,000 in Jun 2020 | Property Price Band: $600K–$700K | Value Drivers: rear-corner privacy, land area of 224m², existing condition and layout.
Bedrooms
2
Bathroom
1
Parking
1
Land
224m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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