Salisbury Downs has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -4.44% to date .
Over the longer term, Salisbury Downs has seen property prices show investors a 10.86% return over the last 3 years. This is worse than over the last 12 months
Salisbury Downs, 5108 is offering SA ‘s 340th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.
In the last year 78 properties changed hands in Salisbury Downs, which puts it as the 98th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.
Giving property investors a a stable capital gain of 7.71% for the last year, Salisbury Downs, 5108 is the 535th highest performer in Australia in this respect.
While Salisbury Downs,5108 ranked number 75th in SA for increase in median house value (annualised) increase, it is ranked 23th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.42% offered to property buyers. Sellers in Salisbury Downs itself are offering an average vendor discount of -5.93% to real estate investors.
Advertised rents are around the $270 mark per week – giving a return of 5.62% based on the median price in Suburb