Investment property in Salisbury North has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.79%
Across a shorter period, Salisbury North, 5108 has seen a median price increase of 0.00% over the last quarter.
Sellers are offering property buyers an average discount of -8.13% to buyers in Salisbury North at the moment, which is less than average for the rest of SA.
Residents and property investors in Salisbury North have been waiting around 80.01 days to sell a property.
With the median price for a house in Salisbury North being $252500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.97%
SA has seen average median house prices change by 4.28% which means that Salisbury North, 5108 has done well for property investors by showing a capital gain of 0.00% over the last year
Over the longer term, Salisbury North has seen property prices show investors a 2.86% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.06% offered to property buyers. Sellers in Salisbury North itself are offering an average vendor discount of -6.36% to real estate investors.
With the median price for a house in Salisbury North being $180000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 7.22%