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.