Suburb Profile Report for Salisbury North SA (5108)

Salisbury North House: Median price $259,500, Annual capital growth 4.24%, Number of sales 128, Weekly median advertised rent $295

Salisbury North Unit: Median price $185,000, Annual capital growth 3.08%, Number of sales 52, Weekly median advertised rent $255

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Salisbury North, 5108 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.98%.

Across a shorter period, Salisbury North, 5108 has seen a median price increase of 2.17% over the last quarter.

The most recent median price for Salisbury North is $259500, with sellers offering an average of -7.27% off the asking price.

In the last year 128 properties changed hands in Salisbury North, which puts it as the 34th most active market in SA when comparing the number of sales per suburb.

Salisbury North, 5108’s gross rental yield is 5.91%

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 3.35%

Across a shorter period, Salisbury North, 5108 has seen a median price increase of 0.00% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Salisbury North is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 31th in terms of most discounted suburbs in SA

Renters in Suburb are facing rents around $3060 per annum or $255 every week.

HOUSE UNIT
$259,500 $185,000
2.17% 0.00%
2.98% 3.35%
4.24% 3.08%
$295 $255
128 52
5.91% 7.17%
72.45 98.14

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 9277
Median household income ($/weekly) 812
Median age of persons 34
Median housing loan repayment ($/monthly) 1278
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1286 13.9
    25-34 years 1540 16.6
    35-44 years 1197 12.9
    45-54 years 1155 12.4
    55-64 years 1028 11.1
    Others 3072 33.1
    Age Group
    Census Count Percent(%)
    Not Married 3356 50.5
    Registered Married 2580 38.8
    Defacto Relationship 710 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6511 75.3
    Philippines 130 1.5
    United Kingdom 621 7.2
    Viet Nam 121 1.4
    Other 604 7.0
    Others 656 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 271 3.3
    Christianity 4609 56.9
    Hinduism 237 2.9
    Islam 84 1.0
    No Religion 2857 35.2
    Others 49 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 362 11.2
    $400-$599 484 14.9
    $600-$799 464 14.3
    $800-$999 407 12.6
    $1,000-$1,249 391 12.1
    Others 1132 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3057 45.1
    Employed, worked full-time 2084 30.8
    Employed, worked part-time 989 14.6
    Unemployed, looking for work 425 6.3
    Employed, away from work 221 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 528 16.0
    Community & personal service workers 407 12.4
    Clerical & administrative workers 468 14.2
    Machinery operators & drivers 462 14.0
    Labourers 658 20.0
    Others 768 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 128 6.7
    Infants/Primary 829 43.1
    Secondary 489 25.4
    Technical or Further Educational Institution 260 13.5
    University or other Tertiary Institutions 142 7.4
    Others 74 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6562 75.7
    Semi-detached, row or terrace house, townhouse 1720 19.8
    Flat, unit or apartment 382 4.4
    Improvised home, tent, sleepers out 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1384 39.8
    Rented 1367 39.3
    Fully owned 702 20.2
    Other tenure type 22 0.6
    Tenure Type
Census 2011, ABS
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