Suburb Profile Report for Salisbury Park SA (5109)

Salisbury Park House: Median price $290,000, Annual capital growth 4.17%, 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%

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

HOUSE UNIT
$290,000 N/A
N/A N/A
1.75% N/A
4.17% N/A
$310 N/A
31 N/A
5.56% N/A
56.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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Recent sales & rentals