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Salisbury North
AREA REPORTS

Salisbury North

Salisbury North - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5108

house
unit

Property investors have seen a 8.77% 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 19.23%.

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 $310,000

Profits averaged 6.41% 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 $340 based on current median home prices for the suburb.

The gross rental yield in SALISBURY NORTH, 5108 is 5.7%.

An average of 15.08 real estate transactions take place per month in SALISBURY NORTH which translates to 181 per annum.

Data report can be found below

Salisbury North
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 $265,000
GROWTH REPORT
Median Quarterly 8.77% 11.58%
Median 12 month 19.23% 17.52%
Median 3 years 19.23% 16.23%
Median 5 years 25% N/A
10 years average annual 2.86% 3.39%
Weekly media advert. rent $340 $290
Time on Market 51.3 days 60.5 days
Gross Rental Yield Percent 5.7% 5.69%
demographics (median values)*
Total Population
40609
Weekly Household Income
1028
Household Size
2.60
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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