Salisbury East is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5109). With a population of 9,273, the suburb has an established demographic with a median age of 40. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Salisbury East is $790,000, having surged 17.6% over the past year. Units have a median price of $436,000 (+24.6% YoY). The current median weekly rent is $509. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Salisbury East is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Salisbury LGA is moderate at 4,130 incidents per 100,000 population.
From an investment perspective, Salisbury East offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($790K/$950K). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +17.6% year-on-year.
Salisbury East is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5109). With a population of 9,273, the suburb has an established demographic with a median age of 40. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Salisbury East is $790,000, having surged 17.6% over the past year. Units have a median price of $436,000 (+24.6% YoY). The current median weekly rent is $509. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Salisbury East is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Salisbury LGA is moderate at 4,130 incidents per 100,000 population.
From an investment perspective, Salisbury East offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($790K/$950K). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +17.6% year-on-year.