Suburb Profile Report for Salisbury North SA (5108)

Salisbury North House: Median price $263,500, Annual capital growth 4.11%, Number of sales 124, Weekly median advertised rent $300

Salisbury North Unit: Median price $185,000, Annual capital growth 3.12%, 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

Salisbury North is an average performer in SA when comparing median price capital growth over the last year. Salisbury North gave property investors a good capital gain figure when compared to the rest of the state, with 5.08%.

Over the longer term, Salisbury North has seen property prices show investors a 12.13% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Salisbury North is giving property investors an average Vendor Discount of around -7.42%. This puts suburb at number 100th in SA when ranking the most discounted suburbs.

Advertised rents are around the $300 mark per week – giving a return of 5.92% based on the median price in Suburb

Salisbury North is an average performer in SA when comparing median price capital growth over the last year. Salisbury North gave property investors a average capital gain figure when compared to the rest of the state, with 2.78%.

The five-year average increase in median property values for Salisbury North,5108 has given property investors a potential capital gain of -5.13% across each of those five years.

Property investors looking for a bargain in Salisbury North should be aiming for at least -7.39% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Salisbury North being $185000 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 7.17%

Metrics i HOUSE UNIT
$263,500 $185,000
1.54% 0.00%
5.08% 2.78%
4.11% 3.12%
$300 $255
124 52
5.92% 7.17%
72.42 103.79

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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