Investment property in Salisbury North has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.86%
The five-year average increase in median property values for Salisbury North,5108 has given property investors a potential capital gain of 7.86% across each of those five years.
Salisbury North5108 is located in SA which offers an average discount of -6.34% to property investors. Salisbury North itself is showing figures that indicate -7.42% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 10.92 sales per month, which equates to 131 per year.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.
Investment property in Salisbury North has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.86%
When looking at the potential capital gains offered to property investors over the last 3 years, Salisbury North comes in at number 133th in SA.
Our latest figures would indicate that property sellers in Salisbury North are currently offering property investors an average price cut of -9.54% below the asking price at the moment.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 7.37%, without taking into account capital value appreciation, which has been averaging out at 2.43%.