Salisbury North

POSTAL CODE: SA, 5108
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Property investors have seen a 3.74% 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 $653,575

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 4.38%.

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

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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