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Salisbury East
AREA REPORTS

Salisbury East

Salisbury East - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5109

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $345,000.

The upward trend in home prices in SALISBURY EAST, 5109 averaged 4.07% per annum over a 3-year period.

Average weekly rents on listings have reached the $320 mark, reflecting a 4.82% increase in returns based on the current median price in SALISBURY EAST.

An average of 7.75 real estate transactions take place per month in SALISBURY EAST which translates to 93 per annum.

93 properties were sold in SALISBURY EAST in 2016, making it the 7th most active market in SA based on total real estate transactions.

SALISBURY EAST, 5109 places 94th in Australia based on median property value growth during the quarter.

Data report can be found below

Salisbury East
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $345,000 $207,000
GROWTH REPORT
Median Quarterly 4.55% 13.11%
Median 12 month 8.15% 2.22%
Median 3 years 12.2% -5.48%
Median 5 years 14.81% -1.43%
10 years average annual 1.99% -2.35%
Weekly media advert. rent $320 $250
Time on Market 44.2 days 91.6 days
Gross Rental Yield Percent 4.82% 6.28%
demographics (median values)*
Total Population
20856
Weekly Household Income
1120
Household Size
2.50
Age
39
Monthly Loan Repayment
1343
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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