Salisbury East, 5109 ranked 190th in SA when comparing growth in median property values or capital gain over the last 12 months. Salisbury East is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Salisbury East has increased when compared to the 5 year average annual rate.
Vendor discounting in Salisbury East is giving property investors an average Vendor Discount of around -2.45%. This puts suburb at number 193th in SA when ranking the most discounted suburbs.
Situated 16.79km from the CBD, Salisbury East is one of Salisbury (C) localities in the postcode 5109.
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Growth is smooth over the years
Median unit price: $225,000
Three-year growth: 7.1%
Rental yield: 5.5%
Salisbury Plain is an affordable, peaceful suburb that is tucked in the midst of pockets like Salisbury Heights, Brahma Lodge and Para Hills.
Units come at a median value of $225,000. Prices have been rising slowly and steadily since 2014 at an average annual growth rate of 2.7%.
Its proximity to the Salisbury CBD, just a few minutes away by car, offers access to amenities such as the recently redeveloped Parabanks Shopping Centre. There are many parklands, cafes and restaurants as well. There are also trains to Adelaide and Gawler running from the Salisbury Interchange, along with several bus services to Elizabeth, Golden Grove, Mawson Lakes and Para Hills, among others.