Over the last year, property investments in Salisbury, 5108 have given investors a capital gain of 5.26%. This compares averagely with the 3.17% for SA as a whole.
If we look at median property appreciation over just the last three months, Salisbury has given property investors a paper return of 3.45%. This puts Suburb as 93 on a list of fastest fasting appreciating suburbs in SA
Property buyers and investors in Salisbury 5108 should be seeing an average reduction in asking price of around -5.85% . This means that Salisbury is holding prices well when compared to other suburbs in SA.
Salisbury, 5108 ranked 51th in SA when comparing growth in median property values or capital gain over the last 12 months. Salisbury is one of 853 in our list for SA
The five-year average increase in median property values for Salisbury,5108 has given property investors a potential capital gain of 5.54% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Salisbury, 5108. Typically our figures indicate that -7.54% is being offered, which puts this SA suburb at 222th most discounted overall in Australia.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 5.65%
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.