With a capital gain of 4.32% for the last 12 months, Salisbury, 5108 has performed for property investments than its average annual 4.20% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Salisbury has given property investors a paper return of 1.75%. This puts Suburb as 174 on a list of fastest fasting appreciating suburbs in SA
Salisbury, 5108 is offering SA ‘s 211th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.
Salisbury is in the bottom 30% in SA when comparing median price capital growth over the last year. Salisbury gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.74%.
Comparing Salisbury,5108 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Salisbury is giving property investors an average Vendor Discount of around -6.93%. This puts suburb at number 44th in SA when ranking the most discounted suburbs.
Salisbury, 5108’s gross rental yield is 6.06%
It is tough to find a suburb that’s better value for money than Salisbury, which is less than 20km from the Adelaide CBD and has a median house price south of $300,000Full summary
Information supplied by:
It is tough to find a suburb that’s better value for money than Salisbury, which is less than 20km from the Adelaide CBD and has a median house price south of $300,000.Close
Families are attracted to Salisbury because of its wide range of quality public and private schools, not to mention excellent shopping options such as the Parabanks Shopping Centre and the Hollywood Plaza.
The stats make for good reading for investors too, with a gross rental yield of 6% and a vacancy rate of 1.81%, according to Real Estate Investar.
Three-bedroom houses on Almond Drive are in a quiet cul-de-sac conveniently located near the Hollywood Plaza, which caters for residents’ shopping needs. Families enjoy its proximity to Salisbury Downs Primary School and lovely parks.
Some detached houses on large blocks can be picked up there for less than $360,000.
For options closer to Salisbury Railway Station and Parabanks Shopping Centre, properties on Beltana Street are a safe bet.