Salisbury is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5108). With a population of 8,841, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $54K per year, with an average household size of 2.5 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Italian.
The median house price in Salisbury is $796,000, having surged 13.7% over the past year. Units have a median price of $380,000 (+8.6% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,213.
Salisbury is served by 2 schools, including 2 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 2 rail stations, 58 bus stops. The crime rate in the Salisbury LGA is higher than average at 19,749 incidents per 100,000 population.
From an investment perspective, Salisbury offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($796K/$950K). The price-to-income ratio of 14.9x is considered stretched. House prices have moved +13.7% year-on-year.
Salisbury is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5108). With a population of 8,841, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $54K per year, with an average household size of 2.5 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Italian.
The median house price in Salisbury is $796,000, having surged 13.7% over the past year. Units have a median price of $380,000 (+8.6% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,213.
Salisbury is served by 2 schools, including 2 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 2 rail stations, 58 bus stops. The crime rate in the Salisbury LGA is higher than average at 19,749 incidents per 100,000 population.
From an investment perspective, Salisbury offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($796K/$950K). The price-to-income ratio of 14.9x is considered stretched. House prices have moved +13.7% year-on-year.