All About Mount Osmond, Burnside, SA, 5064

Mount Osmond, located within the picturesque suburb of Burnside in South Australia, is a charming and affluent area known for its panoramic views, lush natural surroundings, and proximity to the Adelaide city center. The housing market in Mount Osmond is marked by its selection of premium residences, primarily consisting of spacious homes that often feature architectural elegance and large blocks of land. The area is renowned for its exclusivity, with real estate prices reflecting the suburb's desirability and prestige. Prospective buyers are often drawn to the peaceful environment and the breathtaking views of the Adelaide skyline, Gulf St Vincent, and expansive greenery that many of Mount Osmond’s properties offer. Although the market can fluctuate, properties in this area tend to hold their value well due to the limited availability and high demand among those seeking a tranquil and luxurious lifestyle.

Living in Mount Osmond offers a unique blend of tranquility and convenience. Residents enjoy a serene atmosphere, with the Cleland Conservation Park nearby providing ample opportunities for outdoor activities like hiking and enjoying native wildlife. The suburb's elevated position provides a cool escape during hot Adelaide summers, and the winding roads contribute to a sense of seclusion and privacy. Despite this calm setting, Adelaide’s vibrant city center is just a short drive away, providing access to urban amenities, cultural attractions, and employment opportunities. The community in Mount Osmond is tight-knit and welcoming, adding to the appeal of this idyllic locale. Overall, Mount Osmond offers a prestigious and peaceful lifestyle, making it an attractive option for individuals and families looking for luxury coupled with nature's beauty.

Mount Osmond Real Estate Market Outlook

Thinking about buying in Mount Osmond? Now could not be a better time, with just 208 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,736,000 with prices in this suburb ranging from $1,083,000 to $2,304,000. The aproximate distance to the coast is 12 Km.

Consistent high demand relative to supply is a key feature in Mount Osmond driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Osmond ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount Osmond classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Osmond requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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