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Burnside

POSTAL CODE: SA, 5066
HOUSE
UNIT

Property investments in BURNSIDE did not fare well against the rest of the country last year, registering a median home price decrease of 8.56%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BURNSIDE, 5066 saw average growth in the long term.

Real estate investors could earn a rental income of $800 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 67.7 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,775,000.

BURNSIDE ranks 333rd on the list of best yielding suburbs for rental properties in SA, posting a 2.34% return.

Surburb overview

Burnside, located approximately 7 kilometres east of Adelaide's central business district, is one of Adelaide's most prestigious and sought-after suburbs. It falls within the City of Burnside, a local government area renowned for its leafy streets, historic homes, and high standard of living. The suburb has a population of around 3,000 residents, with a demographic mix that includes professionals, families, and retirees who are drawn to Burnside’s elegant charm, excellent amenities, and proximity to both the city and the Adelaide Hills.

Public transportation in Burnside is well-serviced by Adelaide Metro buses, providing convenient connections to the Adelaide CBD and surrounding suburbs. The suburb is also easily accessible by car, with major roads such as Glynburn Road and Greenhill Road offering direct routes to the city and other parts of the metropolitan area. This makes Burnside a practical location for those who work in the city but prefer the tranquility of suburban living.

Burnside is known for its beautiful homes, many of which are heritage-listed properties or architecturally significant residences. The suburb’s streets are lined with large, well-maintained gardens and mature trees, contributing to its peaceful and picturesque environment. The area is characterized by a mix of historic mansions, elegant villas, and modern homes, reflecting its long-standing reputation as one of Adelaide’s most affluent suburbs.

Burnside is home to the popular Burnside Village shopping centre, which features a wide variety of high-end retail stores, cafes, and restaurants, providing residents with a luxurious shopping experience. The area also has several local shops and services that cater to everyday needs, ensuring that residents have access to essential conveniences close to home.

Educational facilities in Burnside are excellent, making it a popular choice for families. The suburb is served by Burnside Primary School, a highly regarded public school, and is close to several prestigious private schools, including St Peter’s Girls’ School and Pembroke School. The area’s reputation for quality education further enhances its appeal for families seeking the best schooling options for their children.

Recreational activities in Burnside are supported by the suburb’s parks, reserves, and proximity to the Adelaide Hills. Hazelwood Park, a large and popular green space, offers residents opportunities for picnicking, walking, and enjoying the outdoors, and features a public swimming pool, the George Bolton Swimming Centre. The suburb is also close to Waterfall Gully and Mount Lofty, providing further opportunities for hiking and exploring the natural beauty of the Adelaide Hills.

Burnside’s combination of natural beauty, historic charm, and modern conveniences makes it one of Adelaide’s most desirable suburbs. The area’s elegant homes, excellent schools, and strong community ties, coupled with its proximity to both the city and the Adelaide Hills, continue to attract residents who value a high quality of life in a prestigious and well-connected location.

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