Suburb Profile
Salisbury North - FREE SUBURB PROFILE REPORT POSTAL CODE: SA,5108
Property investors have seen a -1.89% drop in SALISBURY NORTH based on a decrease 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 $260,000
Profits averaged 0.79% 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 $295 based on current median home prices for the suburb.
The gross rental yield in SALISBURY NORTH, 5108 is 5.9%.
An average of 12.67 real estate transactions take place per month in SALISBURY NORTH which translates to 152 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $260,000 | $180,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.89% | 0% |
| Median 12 month | -1.42% | -2.7% |
| Median 3 years | 2.36% | -2.7% |
| Median 5 years | 11.35% | 2.86% |
| 10 years average annual | 2.31% | 1.43% |
| Weekly media advert. rent | $295 | $260 |
| Time on Market | 75.7 days | 99.1 days |
| Gross Rental Yield Percent | 5.9% | 7.51% |
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