Suburb Profile Report for Salisbury Heights SA (5109)

Salisbury Heights House: Median price $382,500, Annual capital growth 5.01%, Number of sales 83, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of -3.16% for the last 12 months, Salisbury Heights, 5109 has performed for property investments than its average annual 5.01% property growth over the last 5 years.

While Salisbury Heights,5109 ranked number 350th in SA for increase in median house value (annualised) increase, it is ranked 155th over the last 5 years.

Property investors looking for a bargain in Salisbury Heights should be aiming for at least -5.34% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 5.01%, investors should hope to achieve an overall return of 4.35%

Metrics i HOUSE UNIT
$382,500 N/A
-1.92% N/A
-3.16% N/A
5.01% N/A
$320 N/A
83 N/A
4.35% N/A
72.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5055
Median household income ($/weekly) 1447
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 750 14.8
    25-34 years 544 10.8
    35-44 years 703 13.9
    45-54 years 880 17.4
    55-64 years 657 13.0
    Others 1521 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 2152 56.7
    Not Married 1305 34.4
    Defacto Relationship 336 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3708 75.8
    Greece 37 0.8
    Japan 83 1.7
    United Kingdom 732 15.0
    Other 81 1.7
    Others 248 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.7
    Christianity 3187 68.7
    Hinduism 8 0.2
    Other Religious Groups 26 0.6
    No Religion 1381 29.8
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 166 11.0
    $1,250-$1,499 153 10.1
    $1,500-$1,999 231 15.3
    $2,000-$2,499 185 12.3
    $2,500-$2,999 145 9.6
    Others 630 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1704 44.0
    Not in the labour force 1048 27.0
    Employed, worked part-time 866 22.3
    Employed, away from work 142 3.7
    Unemployed, looking for work 117 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 313 11.5
    Professionals 367 13.5
    Technicians & trades workers 459 16.9
    Clerical & administrative workers 523 19.3
    Sales 304 11.2
    Others 750 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 63 4.9
    Infants/Primary 550 42.8
    Secondary 372 28.9
    Technical or Further Educational Institution 114 8.9
    University or other Tertiary Institutions 154 12.0
    Others 32 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4791 98.0
    Semi-detached, row or terrace house, townhouse 57 1.2
    Flat, unit or apartment 39 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 901 53.7
    Fully owned 570 34.0
    Rented 200 11.9
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals