Salisbury is an average performer in QLD when comparing median price capital growth over the last year. Salisbury gave property investors a good capital gain figure when compared to the rest of the state, with 4.90%.
Taking the average capital gain, or increase in median house value, Salisbury,4107 has racked up an average of 4.90% over the period. This ranks it number 2119th in the whole country for real estate investors looking at median house price increases.
Salisbury, 4107’s gross rental yield is 3.67%
Property investors who have had real estate in Salisbury, 4107 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.86%
When looking at the potential capital gains offered to property investors over the last 3 years, Salisbury comes in at number 24th in QLD.
Salisbury, 4107’s gross rental yield is 5.26%
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. Full summary
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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.