Suburb Profile Report for Salisbury Heights SA (5109)

Salisbury Heights House: Median price $422,500, Annual capital growth 2.76%, Number of sales 70, Weekly median advertised rent $363

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

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

  • House Report

Investment property in Salisbury Heights has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.74%

While Salisbury Heights,5109 ranked number 28th in SA for increase in median house value (annualised) increase, it is ranked 94th over the last 5 years.

Salisbury Heights, 5109 is offering SA ‘s 150th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this SA.

Often selling an investment property can take time, and in Salisbury Heights the average time real estate has been on the market is 65.4783 days.

Advertised rents are around the $362.5 mark per week – giving a return of 4.46% based on the median price in Suburb

Metrics i HOUSE UNIT
$422,500 N/A
8.33% N/A
9.74% N/A
2.76% N/A
$363 N/A
70 N/A
4.46% N/A
65.4782608695652 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5055
Median household income ($/weekly) 1447
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 750 14.8
    25-34 years 544 10.8
    35-44 years 703 13.9
    45-54 years 880 17.4
    55-64 years 657 13.0
    Others 1521 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 2152 56.7
    Not Married 1305 34.4
    Defacto Relationship 336 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3708 75.8
    Greece 37 0.8
    Japan 83 1.7
    United Kingdom 732 15.0
    Other 81 1.7
    Others 248 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.7
    Christianity 3187 68.7
    Hinduism 8 0.2
    Other Religious Groups 26 0.6
    No Religion 1381 29.8
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 166 11.0
    $1,250-$1,499 153 10.1
    $1,500-$1,999 231 15.3
    $2,000-$2,499 185 12.3
    $2,500-$2,999 145 9.6
    Others 630 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1704 44.0
    Not in the labour force 1048 27.0
    Employed, worked part-time 866 22.3
    Employed, away from work 142 3.7
    Unemployed, looking for work 117 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 313 11.5
    Professionals 367 13.5
    Technicians & trades workers 459 16.9
    Clerical & administrative workers 523 19.3
    Sales 304 11.2
    Others 750 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 63 4.9
    Infants/Primary 550 42.8
    Secondary 372 28.9
    Technical or Further Educational Institution 114 8.9
    University or other Tertiary Institutions 154 12.0
    Others 32 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4791 98.0
    Semi-detached, row or terrace house, townhouse 57 1.2
    Flat, unit or apartment 39 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 901 53.7
    Fully owned 570 34.0
    Rented 200 11.9
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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