Burnside SA 5066
Focus on Burnside SA 5066
Burnside has been predicted to experience a growth rate of 11-13%, forecasting property prices to exceed $1,000,000.(8/8/2019)
Last 3 years has seen the median house prices range between $850,000 and $880,000 with median sales price of houses in the area of $860,000.
If the growth rate is correct median property sales prices would reach around $960,000.
Burnside is rated with a Lifestyle Rating Index of 8.5 on the AdelaideRealEstate.Net.Au web site.
- Burnside is located to the east and about 7 kms (approx 12 minutes travel time) from the Adelaide CBD, approximately 40 to 55 minutes travel time to Adelaide CBD via public transport
- Has 12 parks
- 20% of properties being rentals / investments
- Residents being mostly couples with children and having mostly professional occupations.