Salisbury Park

POSTAL CODE: SA, 5109
HOUSE

Property investors enjoyed capital gains of 21.25% over the last 12 months in SALISBURY PARK, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in SALISBURY PARK are low, as opposed to average gains per annum over the past five years.

The suburb posted a 48.47% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $585 based on current median home prices for the suburb.

On average, rents on listings have reached the $585 mark, reflecting a 4.18% increase in returns based on the current median price in SALISBURY PARK.

SALISBURY PARK, 5109 ranks 52nd in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 75th on the list of best yielding suburbs for rental properties in SA, posting a 4.18% return.

Surburb overview

Salisbury Park, located about 22 kilometres north of Adelaide’s central business district, is a peaceful residential suburb within the City of Salisbury. With a population of approximately 2,500 residents, Salisbury Park offers a quiet and family-friendly environment with easy access to key amenities in the northern suburbs. The suburb attracts a mix of families, young professionals, and retirees who appreciate its suburban lifestyle, green spaces, and proximity to essential services.

Public transportation in Salisbury Park is convenient, with several bus routes connecting the suburb to nearby areas, including Salisbury railway station, which provides regular train services to Adelaide’s CBD. For those commuting by car, Salisbury Park is well-connected to major roads such as Main North Road and the Salisbury Highway, allowing for easy travel to the city and other parts of the Adelaide metropolitan area.

Salisbury Park is close to a variety of essential services and amenities. The nearby Parabanks Shopping Centre in Salisbury offers residents access to supermarkets, retail stores, cafes, and restaurants, while the Golden Grove Village provides additional shopping and dining options. The suburb is home to several schools, including Salisbury Park Primary School, with secondary education options available in nearby suburbs. Healthcare services are readily available, with medical clinics in the surrounding areas and the Lyell McEwin Hospital in Elizabeth providing more comprehensive healthcare services.

Recreational activities in Salisbury Park are supported by its proximity to numerous parks and green spaces. The popular Cobbler Creek Recreation Park, located nearby, offers walking and cycling trails, picnic areas, and a natural bushland setting, making it a favourite destination for nature lovers and families. Local parks, playgrounds, and sporting facilities within the suburb provide additional opportunities for outdoor activities and community events.

With its combination of suburban comfort, access to essential services, and strong transport links, Salisbury Park provides a well-balanced and convenient lifestyle for its residents, making it an attractive suburb in Adelaide’s northern region.

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