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%