Over the last year, property investments in Salisbury, 5108 have given investors a capital gain of 4.56%. This compares averagely with the 3.22% for SA as a whole.
A 13.74% growth in median value for property investors in Salisbury,5108 puts this suburb at number 127th in terms of best performing suburbs in SA
Property buyers and investors in Salisbury 5108 should be seeing an average reduction in asking price of around -6.84% . This means that Salisbury is holding prices well when compared to other suburbs in SA.
Situated 18.13km from the CBD, Salisbury is one of Salisbury localities in the postcode 5108.
With a capital gain of 13.83% for the last 12 months, Salisbury, 5108 has performed for property investments than its average annual 5.19% property growth over the last 5 years.
Comparing Salisbury,5108 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Salisbury is $214000, with sellers offering an average of -7.55% off the asking price.
Advertised rents are around the $235 mark per week – giving a return of 5.71% based on the median price in Suburb
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
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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.