Giving property investors a an unimpressive capital gain of -3.23% for the last year, Salisbury, 4107 is the 2829th highest performer in Australia in this respect.
Across a shorter period, Salisbury, 4107 has seen a median price increase of -2.11% over the last quarter.
Property buyers and investors in Salisbury 4107 should be seeing an average reduction in asking price of around -4.12% . This means that Salisbury is holding prices well when compared to other suburbs in QLD.
Salisbury, 4107’s gross rental yield is 3.71%
The five-year average increase in median property values for Salisbury,4107 has given property investors a potential capital gain of 11.83% across each of those five years.
In the last year 11 properties changed hands in Salisbury, which puts it as the 334th most active market in QLD when comparing the number of sales per suburb.
Salisbury is 162th on a list of best yielding suburbs for rents in QLD with a 5.66% return
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Salisbury is located less than 9km south of Brisbane’s CBD, and is situated adjacent to Beaudesert Road. Salisbury hosts a large number of commercial and industrial businesses, and lies in close proximity to Griffith University, major arterial roads and public transport.
Salisbury hosts a number of convenience retailers, and the suburb has its own Aldi Supermarket. A wide range of retail offerings are also found in neighbouring suburbs such as the Woolworths Supermarket in Moorooka and the Westfield Garden City in Upper Mount Gravatt. Salisbury also has excellent public transport options with its own train station, as well as a number of buses servicing the suburb.
Salisbury offers investor the opportunity to make quick equity gains through renovations, subdivision and development, thanks to its larger than average block sizes.
“Many of these dwellings are likely to have renovation potential, whether it be externally, internally or both," says Tim Lawless, research director with RP Data. “Land sizes tend to be quite large, with the average land size in Salisbury being between 700 and 750 square metres, suggesting there may be room for densification.”
Locals fondly refer to Salisbury as “undiscovered pocket of green within 10k of the CBD”. The overall sentiment among residents confirms that Salisbury is a desirable, family-friendly suburb, with ample amenities to cater for its residents.