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%
The five-year average increase in median property values for Salisbury Park,5109 has given property investors a potential capital gain of 0.35% across each of those five years.
Property investors looking for a bargain in Salisbury Park should be aiming for at least -7.26% off the asking price, which is the average vendor discount being achieved at the moment.
At number 721 in a list of fastest selling suburbs, Salisbury Park is in the TOP 20% of suburbs in Australia with an average of days on market 56.2 for properties listed there.
Advertised rents are around the $310 mark per week – giving a return of 5.56% based on the median price in Suburb