SALISBURY ranks 20th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 10.14% for the past year is higher than average compared to its 23.02% growth within a five-year period.
Also in SALISBURY, the median home price is sitting at $326,000, and the average rent at $295, this suggests property owners could potentially earn a 4.71% increase in gross rental yield.
Property investors have seen a 0.31% gain in SALISBURY based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on SALISBURY, 5108 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 10.14%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.17% growth over a ten-year period. It ranks 2335th on our list of suburbs that property investors should look into.
A 3.97% increase in median property prices in SALISBURY, 5108 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 74th.
A steady increase in median property prices over a five-year period in SALISBURY, 5108 translates to a 10% capital gain.
SALISBURY, 5108 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $220,000.
Augmented property values in SALISBURY are trailing above the SA average of 2.47% for the past year.
Real estate investors could earn a rental income of $235 based on current median home prices for the suburb.
Home owners selling their properties and realtors in SALISBURY usually have to wait an average of 99.7 days days before their assets are lifted off the market.
SALISBURY ranks 17th on the list of best yielding suburbs for rental properties in SA, posting a 5.55% return.
SALISBURY, 5108 places 68th in Australia based on median property value growth during the quarter.