Salisbury Downs is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5108). With a population of 6,296, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $59K per year, with an average household size of 2.6 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Salisbury Downs is $760,000, having surged 16.7% over the past year. The current median weekly rent is $438. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,300.
Salisbury Downs is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Salisbury LGA is higher than average at 10,959 incidents per 100,000 population.
From an investment perspective, Salisbury Downs offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($760K/$950K). The price-to-income ratio of 12.9x is considered stretched. House prices have moved +16.7% year-on-year.
Salisbury Downs is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5108). With a population of 6,296, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $59K per year, with an average household size of 2.6 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Salisbury Downs is $760,000, having surged 16.7% over the past year. The current median weekly rent is $438. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,300.
Salisbury Downs is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Salisbury LGA is higher than average at 10,959 incidents per 100,000 population.
From an investment perspective, Salisbury Downs offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($760K/$950K). The price-to-income ratio of 12.9x is considered stretched. House prices have moved +16.7% year-on-year.