Suburb Profile Report for Salisbury North SA (5108)

Salisbury North House: Median price $264,250, Annual capital growth 3.85%, Number of sales 131, Weekly median advertised rent $300

Salisbury North Unit: Median price $180,000, Annual capital growth 2.43%, Number of sales 54, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$264,250 $180,000
0.28% -2.70%
4.86% 2.86%
3.85% 2.43%
$300 $255
131 54
5.90% 7.37%
69.73 108.48

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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