Question 1

Is Tusmore a nice place to live?

Accepted Answer

Tusmore is a delightful suburb that offers a serene and sophisticated living environment, making it a wonderful place to call home. Nestled in Adelaide's eastern suburbs, it boasts a peaceful atmosphere with its tree-lined streets and beautifully maintained homes. The suburb exudes a charming vibe, appealing to those who appreciate a blend of tranquility and convenience. With its close proximity to the city, residents enjoy easy access to a range of urban amenities, including shopping, dining, and cultural attractions, while still being able to retreat to a quiet and picturesque neighborhood.

Families find Tusmore particularly appealing due to its strong community feel and the presence of excellent schools and parks. The suburb's green spaces, such as the popular Tusmore Park, provide ample opportunities for outdoor activities and family gatherings. Safety is generally not a concern, contributing to the suburb's reputation as a family-friendly haven. While Tusmore offers a peaceful lifestyle, it may not cater to those seeking a vibrant nightlife or the hustle and bustle of inner-city living. However, its charm lies in its ability to offer a balanced lifestyle with the benefits of suburban living and city accessibility.

One trade-off of living in Tusmore is the premium pricing associated with its prestigious character and desirable location. The suburb's housing market is competitive, reflecting its status as a sought-after area. Despite this, the investment is often seen as worthwhile due to the quality of life it provides. For those who value a harmonious blend of suburban tranquility and urban convenience, Tusmore stands out as a truly nice place to live.

Question 2

Is it expensive to live in Tusmore?

Accepted Answer

Living in Tusmore can be considered expensive, especially when you look at the rental market. While the current median house and unit prices aren't available, the average rent gives us a good indication of the cost of living. Renting a house in Tusmore averages around $760 per week, and units are slightly more affordable at $550 per week. This can be a significant portion of your income, particularly when compared to the average personal wage in Adelaide, which is about $56,000 per year or roughly $1,090 per week.

Comparing these figures with the median total household income in Tusmore, which is $2,298 per week, it's clear that the area is tailored more towards households with dual incomes or higher earning individuals. While the suburb offers the charm and convenience of inner-city living, those considering a move to Tusmore should carefully evaluate their financial situation to ensure they can comfortably manage the rental costs along with other living expenses.

Question 3

Is Tusmore a good place to invest?

Accepted Answer

Tusmore is an intriguing suburb for potential investors, especially given the impressive 27.8% increase in median house values over the past year. This significant growth suggests a strong demand for houses, making it an attractive option for those looking to capitalize on property appreciation. The suburb's appeal is likely driven by its desirable location, community atmosphere, and the quality of life it offers to residents.

While the median unit values have remained stable, the 6.2% increase in rent for units indicates a growing demand for rental properties, which could provide a steady income stream for investors. This trend suggests that while units may not have experienced the same capital growth as houses, they still offer potential for rental yield, making them a viable investment option.

Overall, Tusmore presents a compelling opportunity for investors seeking capital growth in houses and rental income from units. Its recent performance and the balance between house value appreciation and rental demand make it a suburb worth considering for a well-rounded investment portfolio.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.9%	N/A
Sold Past 3 months	9	1
Median days on market Past 12 months	50	N/A
Average rent Past 12 months	$780	$550
Change in rent Past 12 months	4.0%	5.8%

Get a property report and suburb profile for any property in Tusmore

Tusmore suburb profile

Tusmore property market performance

5 year median price trend for houses and units

Tusmore demographics

Suburbs near Tusmore

How does Tusmore compare to nearby suburbs?

Choose the right real estate agents in Tusmore

Get a head start and compare top local agents in Tusmore

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market