Salisbury North

POSTAL CODE: SA, 5108

HOUSE

UNIT

Property investors have seen a 1.77% gain in SALISBURY NORTH based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SALISBURY NORTH, 5108 saw average growth in the long term.

The SA suburb also 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 $660,000

Profits averaged 21.67% per annum over a 3-year period, due to an upward trend in home prices in SALISBURY NORTH, 5108.

This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

The gross rental yield in SALISBURY NORTH, 5108 is 4.33%.

An average of 15.67 real estate transactions take place per month in SALISBURY NORTH which translates to 188 per annum.

Property investments in SALISBURY NORTH did not fare well against the rest of the country last year, registering a median home price decrease of -1.44%.

Figures from the previous quarter show that capital gains for real estate buyers in SALISBURY NORTH are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains SALISBURY NORTH, 5108 saw average growth in the long term.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In SALISBURY NORTH, homes and units usually stay on listing for an average of N/A.

the SA suburb also 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 $515,000

Investors saw the median home price rise to $515,000.

SALISBURY NORTH ranks 45th on the list of best yielding suburbs for rental properties in SA, posting a 4.54% return.

Surburb overview

Salisbury North, located about 25 kilometres north of Adelaide’s central business district, is a large and diverse residential suburb within the City of Salisbury. With a population of approximately 9,000 residents, Salisbury North offers a mix of affordable housing, family-friendly amenities, and proximity to key employment hubs in the northern region of Adelaide. The suburb attracts a wide range of people, including families, young professionals, and retirees, due to its affordability and access to essential services.

Public transportation in Salisbury North is well-served, with regular bus routes connecting the suburb to the wider Salisbury area, including Salisbury railway station, which provides easy access to Adelaide’s CBD. Major roads such as Salisbury Highway and Waterloo Corner Road allow for convenient travel by car to other parts of Adelaide and nearby industrial and commercial areas.

Salisbury North offers a variety of essential services and amenities. The nearby Parabanks Shopping Centre in Salisbury provides residents with supermarkets, retail stores, cafes, and essential services such as banks and pharmacies. The suburb is home to several schools, including Salisbury North Primary School and Lake Windemere School, making it a suitable location for families. Additionally, healthcare services are available through local clinics, while the Lyell McEwin Hospital in Elizabeth offers more comprehensive medical care.

Recreational opportunities in Salisbury North are plentiful, with many parks and reserves providing outdoor spaces for leisure activities. The suburb is home to the Kaurna Park Wetlands, which offers walking trails, picnic areas, and opportunities for birdwatching. Salisbury North Oval and other local sporting facilities cater to a variety of community sports, including football, cricket, and netball, fostering a strong sense of community. The nearby St Kilda Adventure Playground is also a popular destination for families, offering extensive play equipment and recreational activities for children.

With its combination of affordable living, access to essential services, and proximity to major transport routes, Salisbury North provides a well-rounded suburban lifestyle for a variety of residents in Adelaide’s northern suburbs.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$660,000	$515,000
Growth Report
Median Quarterly	1.77%	0%
Median 12 month	10%	-1.44%
Median 3 years	65.41%	56.06%
Median 5 years	146.27%	121.51%
10 years average annual	11.14%	5.78%
Weekly media advert. rent	$550	$450
Time on Market	31.6 days	N/A
Gross Rental Yield Percent	4.33%	4.54%

Demographics (Median Values)*

Total Population 40609

Weekly Household Income 1028

Household Size 2.60

Average Age 34

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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