419 Greenhill Road, Tusmore SA 5065
419 Greenhill Road, Tusmore SA 5065
1926 character house | 703 m² land in inner-east | heritage overlay | Linden Park catchment | substantial 202 m² build
A 1926 house with heritage overlay, set on a substantial 703 m² allotment, is a rare profile in Tusmore’s inner-east market. The 202 m² building footprint delivers generous internal space, while appeal is strengthened by the Linden Park Primary catchment and established character. Solar panels and reliable connectivity are practical additions, and risk is simplified by the absence of bushfire or flood overlays. This property is set apart from the area’s typical unit stock, and is best suited to buyers seeking period character, usable land, and long-term location value.
Future alterations may be limited by the heritage overlay, and perceived quiet could be affected by the Greenhill Road corridor. Value might be shaped by how the internal layout uses the 202 m², including any split-level arrangements, and by the condition of the 1926 fabric. These factors should be weighed when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 419 Greenhill Road, Tusmore SA 5065
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 6/52 Northumberland St and 4/65 Northumberland St, Tusmore, both 2-bed units sold recently | Property Price Band: $1.8M-$1.9M | Value Drivers: land size, heritage character, location
Bedrooms
3
Bathroom
1
Parking
2
Land
703m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!