Burnside sits at the top of Greenhill Road and is the last suburb to the east of Adelaide before the picturesque ascent into the Adelaide Hills. In fact, the suburb boundary lies 2km from the council chambers and the famous shopping centre that share its name.
I happen to think that this area is the best in Adelaide. Now my opinion may be a little biased as I have lived here for 15 years and never plan on leaving. For me, it’s the feeling that you are a mere visitor amongst the trees and nature in general that defines it. All of this just over 6kms, and a ten-minute drive from the CBD.
Waterfall Gully, Ian Perry Reserve, and Second Creek walking trails are all attractions that we locals take for granted. After a long walk enjoying the outdoors, we can retreat to one of Adelaide finest pub’s (and recently awarded ‘best beer garden’) The Feathers Hotel. This meeting place has enjoyed a renaissance in recent years as extensive renovations have been enthusiastically embraced by locals.
What about the key real estate statistics?
If you want to live here, you have 948 houses and 249 units to choose from. The median house price in the last 12 months is a healthy $890,000 based on 49 recent house sales. Residents who already own property here have been pleased to earn an annual growth rate of 5% over the last 5 years.
Around 80% of households are owner-occupied, many with large mortgages! Fortunately, the area has one of the state’s finest primary schools, Burnside Primary. So private school can wait for a few years while the mortgage gets paid down.
My Final Word: Living in Burnside is all its cracked up to be.
Daniel Otto has been a part of the property industry for over 15 years, with experience that stretches across real estate sales, investment, rental management and development.
Please reach out if you have any further property related questions.