Salisbury North

POSTAL CODE: SA, 5108

HOUSE

UNIT

Property investors have seen a 1.58% gain in SALISBURY NORTH based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SALISBURY NORTH, 5108 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 12.22%.

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 $620,000

Profits averaged 20.33% 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 $545 based on current median home prices for the suburb.

The gross rental yield in SALISBURY NORTH, 5108 is 4.57%.

An average of 15.42 real estate transactions take place per month in SALISBURY NORTH which translates to 185 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 5.05%.

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 $472.5 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 50.6 days.

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 $520,000

Investors saw the median home price rise to $520,000.

SALISBURY NORTH ranks 33rd on the list of best yielding suburbs for rental properties in SA, posting a 4.73% 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.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$620,000	$520,000
Growth Report
Median Quarterly	1.58%	-0.48%
Median 12 month	12.22%	5.05%
Median 3 years	61.04%	67.74%
Median 5 years	143.14%	127.07%
10 years average annual	10.65%	5.61%
Weekly media advert. rent	$545	$473
Time on Market	37.3 days	50.6 days
Gross Rental Yield Percent	4.57%	4.73%

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.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type