Valley View is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5093). With a population of 6,405, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, German.
The median house price in Valley View is $900,000, having surged 16.7% over the past year. Units have a median price of $625,000 (+16.3% YoY). The current median weekly rent is $528. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,500.
Public transport access includes 38 bus stops. The crime rate in the Salisbury LGA is below average at 3,903 incidents per 100,000 population.
From an investment perspective, Valley View offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($900K/$950K). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +16.7% year-on-year.
Valley View is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5093). With a population of 6,405, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, German.
The median house price in Valley View is $900,000, having surged 16.7% over the past year. Units have a median price of $625,000 (+16.3% YoY). The current median weekly rent is $528. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,500.
Public transport access includes 38 bus stops. The crime rate in the Salisbury LGA is below average at 3,903 incidents per 100,000 population.
From an investment perspective, Valley View offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($900K/$950K). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +16.7% year-on-year.