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Salisbury NorthSalisbury North - SUBURB PROFILE REPORT
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Property investors have seen a 3.92% 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 $265,000
Profits averaged 2.36% 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 $300 based on current median home prices for the suburb.
The gross rental yield in SALISBURY NORTH, 5108 is 5.89%.
An average of 12.42 real estate transactions take place per month in SALISBURY NORTH which translates to 149 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $265,000 | $230,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.92% | 0.44% |
| Median 12 month | 3.92% | 0% |
| Median 3 years | 7.07% | -4.17% |
| Median 5 years | 10.42% | N/A |
| 10 years average annual | 1.11% | 1.77% |
| Weekly media advert. rent | $300 | $267.5 |
| Time on Market | 68.1 days | 0.0 days |
| Gross Rental Yield Percent | 5.89% | 6.05% |
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