Salisbury

POSTAL CODE: QLD, 4107
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A steady increase in median property prices over a five-year period in the suburb translates to a 40.88% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,282,000

The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $650.

Home owners selling their properties and realtors in SALISBURY usually have to wait an average of 27.4 days days before their assets are lifted off the market.

The QLD suburb ranks 669th on the list of best yielding suburbs for rental properties in QLD, posting a 2.64% return.

It also places places 162nd in Australia based on median property value growth during the quarter.

Surburb overview

Salisbury is a well-established suburb located approximately 12.4 kilometres south of Brisbane's General Post Office (GPO). Substantial parklands in the north complement its mix of residential and industrial areas. 

According to the 2021 census, Salisbury had a population of 6,790 people, with a median age of 35. The predominant age group is 30-39, and households primarily comprise couples with children. The area mainly comprises low-density residential zones (33.42%) and general industry zones (24.73%). 

Salisbury is well-connected to public transport. The Salisbury railway station provides access to the Queensland Rail City network. Additionally, several bus routes service the area, offering convenient options for commuting to the CBD and surrounding suburbs. 

The suburb offers a range of amenities, including shopping centres, cafes, and recreational facilities. Salisbury has several parks and green spaces, providing residents with ample opportunities for outdoor activities. The area also boasts educational institutions and is close to Griffith University. 

Residents can enjoy various recreational activities, with access to parks, sporting clubs, and the nearby Toohey Mountain Reserve, which offers walking trails and picnic areas. The suburb's green spaces contribute to a family-friendly environment. 

As of recent reports, the median house price in Salisbury is approximately $1,100,000, with an annual growth rate of 12.69%. Rental yields for houses are around 3.24%, with a median rent of $630 per week. 

Salisbury's blend of residential charm, industrial significance, and proximity to Brisbane's CBD make it a desirable suburb for families and professionals. The area's green spaces, educational facilities, and community spirit contribute to its appeal.  

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