Suburb Profile Report for Salisbury SA (5108)

Salisbury House: Median price $305,000, Annual capital growth 1.40%, Number of sales 115, Weekly median advertised rent $310

Salisbury Unit: Median price $160,000, Annual capital growth -2.37%, Number of sales 30, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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Property value increases in Salisbury have tracked just higher than the SA average of 1.71% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Salisbury has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -5.55% to buyers in Salisbury at the moment, which is less than average for the rest of SA.

Salisbury, 5108’s gross rental yield is 5.29%

At number 1205th in the list of Australian suburbs ordered by increase in median house value over the last year, Salisbury, 5108 is in the BOTTOM 30% with a property value increase of -9.09% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Salisbury,5108 has racked up an average of -9.09% over the period. This ranks it number 1337th in the whole country for real estate investors looking at median house price increases.

At number 4th of SA’s most discounted properties, Salisbury is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Salisbury have been waiting around 127.2 days to sell a property.

Situated 18.69km from the CBD, Salisbury is one of Salisbury (C) localities in the postcode 5108.

Information supplied by:


October 2017

M
O

W
E

Units are in demand

Postcode: 5108

Median unit price: $214,000

Stock on market: -2.3%

12-month growth: 13.8%

Located right in the thick of its namesake city, the suburb of Salisbury is maximising its status as an affordable, well-located suburb to draw demand.

Unit supply decreased slightly over the year leading to July 2017, which may have helped inspire growth as prices shot up by over 13%. Even then, the median value remains very low at just a little over $200,000. Coupled with the suburb being only about 30 minutes’ drive from Adelaide, this could spell good news for Salisbury.

Salisbury City itself is well stocked with amenities like shops, dining establishments and Parabanks Shopping Centre. There are several parks for outdoor activity as well. The area is highly accessible, with trains running from Salisbury railway station to Adelaide and Gawler.

 

Metrics i HOUSE UNIT
$305,000 $160,000
1.67% 5.26%
6.09% -9.09%
1.40% -2.37%
$310 $240
115 30
5.29% 7.80%
68.9404761904762 127.2

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7549
Median household income ($/weekly) 758
Median age of persons 40
Median housing loan repayment ($/monthly) 1200
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 774 10.3
    25-34 years 1057 14.0
    35-44 years 905 12.0
    45-54 years 950 12.6
    55-64 years 916 12.1
    Others 2947 39.0
    Age Group
    Census Count Percent(%)
    Not Married 2875 51.6
    Registered Married 2233 40.1
    Defacto Relationship 466 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4563 64.2
    Japan 242 3.4
    United Kingdom 664 9.3
    Viet Nam 109 1.5
    Other 765 10.8
    Others 760 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 242 3.6
    Christianity 4235 63.0
    Hinduism 341 5.1
    Islam 137 2.0
    No Religion 1694 25.2
    Others 69 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 369 13.2
    $400-$599 449 16.1
    $600-$799 402 14.4
    $800-$999 318 11.4
    $1,000-$1,249 280 10.1
    Others 967 34.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2860 48.9
    Employed, worked full-time 1669 28.6
    Employed, worked part-time 789 13.5
    Unemployed, looking for work 326 5.6
    Employed, away from work 199 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 396 14.9
    Community & personal service workers 297 11.2
    Clerical & administrative workers 369 13.9
    Machinery operators & drivers 317 11.9
    Labourers 465 17.5
    Others 815 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 88 5.9
    Infants/Primary 508 34.1
    Secondary 385 25.9
    Technical or Further Educational Institution 266 17.9
    University or other Tertiary Institutions 173 11.6
    Others 69 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4876 70.3
    Flat, unit or apartment 1158 16.7
    Semi-detached, row or terrace house, townhouse 903 13.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1292 43.5
    Fully owned 875 29.5
    Being purchased 778 26.2
    Other tenure type 22 0.7
    Tenure Type
Census 2011, ABS
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