Suburb Profile Report for Salisbury Park SA (5109)

Salisbury Park House: Median price $290,000, Annual capital growth 4.20%, Number of sales 31, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report

Investment property in Salisbury Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.75%

While Salisbury Park,5109 ranked number 293th in SA for increase in median house value (annualised) increase, it is ranked 326th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Salisbury Park is offering property investors an average of -6.56. This rate of discount on properties puts Suburb at number 105th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Salisbury Park the average time real estate has been on the market is 69.2 days.

With the median price for a house in Salisbury Park being $290000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.56%

Metrics i HOUSE UNIT
$290,000 N/A
-0.51% N/A
1.75% N/A
4.20% N/A
$310 N/A
31 N/A
5.56% N/A
69.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2070
Median household income ($/weekly) 934
Median age of persons 40
Median housing loan repayment ($/monthly) 1350
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 240 11.6
    25-34 years 258 12.5
    35-44 years 276 13.3
    45-54 years 328 15.8
    55-64 years 300 14.5
    Others 669 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 727 44.8
    Not Married 725 44.7
    Defacto Relationship 171 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1502 76.0
    Greece 17 0.9
    New Zealand 18 0.9
    United Kingdom 303 15.3
    Other 36 1.8
    Others 100 5.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1191 65.0
    No Religion 607 33.1
    Buddhism 17 0.9
    Other Religious Groups 14 0.8
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 110 14.0
    $600-$799 91 11.6
    $800-$999 111 14.2
    $1,000-$1,249 88 11.2
    $1,500-$1,999 93 11.9
    Others 291 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 605 36.6
    Employed, worked full-time 590 35.7
    Employed, worked part-time 330 20.0
    Unemployed, looking for work 75 4.5
    Employed, away from work 52 3.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 184 19.0
    Community & personal service workers 116 12.0
    Clerical & administrative workers 174 18.0
    Sales 105 10.8
    Labourers 128 13.2
    Others 261 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 22 5.4
    Infants/Primary 164 40.1
    Secondary 117 28.6
    Technical or Further Educational Institution 45 11.0
    University or other Tertiary Institutions 43 10.5
    Others 18 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1874 93.0
    Semi-detached, row or terrace house, townhouse 94 4.7
    Flat, unit or apartment 46 2.3
    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 351 42.0
    Rented 246 29.4
    Fully owned 236 28.2
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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