Suburb Profile Report for Salisbury North SA (5108)

Salisbury North House: Median price $263,500, Annual capital growth 4.15%, Number of sales 121, Weekly median advertised rent $300

Salisbury North Unit: Median price $185,000, Annual capital growth 2.91%, Number of sales 51, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.24% which means that Salisbury North, 5108 has done well for property investors by showing a capital gain of 4.15% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Salisbury North comes in at number 217th in SA.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.50% offered to property buyers. Sellers in Salisbury North itself are offering an average vendor discount of -7.39% to real estate investors.

Often selling an investment property can take time, and in Salisbury North the average time real estate has been on the market is 75.15 days.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 4.15%, investors should hope to achieve an overall return of 5.92%

Over the last year, property investments in Salisbury North, 5108 have given investors a capital gain of 2.78%. This compares averagely with the 4.05% for SA as a whole.

Taking the average capital gain, or increase in median house value, Salisbury North,5108 has racked up an average of 2.78% over the period. This ranks it number 1318th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Salisbury North is offering property investors an average of -6.42. This rate of discount on properties puts Suburb at number 22th in terms of most discounted suburbs in SA

Advertised rents are around the $255 mark per week – giving a return of 7.17% based on the median price in Suburb

Metrics i HOUSE UNIT
$263,500 $185,000
1.35% 0.00%
4.15% 2.78%
4.15% 2.91%
$300 $255
121 51
5.92% 7.17%
75.15 107.77

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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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