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Salisbury North, SA 5108

Home » SA Real Estate Data » City of Salisbury, SA » Salisbury North, SA 5108

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Salisbury North, SA 5108 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Salisbury North, SA 5108”

  1. The total adult population (15 years or older) of Salisbury North 5108 SA is 8,459, with a median age of 35. Of those, 35.93% are married, 15.14% are divorced or separated, 43.00% are single and 5.96% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $5,168. The median monthly mortgage repayment for households in this suburb is $1,127 which is 21.81% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Salisbury North (Postcode 5108) nested in South Australia, Australia, boasts an estimated 4,647 households. As we journey into the third quarter of 2023, the typical house price in Salisbury North is $429,038 with the median weekly rent being $416. This yield, when calculated, produces an indicative figure of 5.04%. For cash flow-centered property investors, this yield, being above 3%, is an attractive market requirement.

    Salisbury North attains an IRSAD score of 802 out of 1,217. Higher IRSAD scores are coveted as they suggest a better socio-economic status of the population in the area, and in Salisbury North’s case, it falls roughly in the mid-range, indicating a balance of different socio-economic profiles.

    In terms of property ownership, Salisbury North presents a renter to owner ratio of 40%. This ratio suggests a higher proportion of renters, which can be seen as a risk due to potential competition among investors, and impact the ‘vibe’ of the neighbourhood slightly.

    Interestingly, the units to houses ratio in Salisbury North is just 2%, presenting a favourable view for potential investors, indicating limited potential competition among landlords and the likelihood of longer tenancy periods from residents.

    However, the suburb’s affordability index for houses stands at 33 years, signalling decreased affordability and can be seen as unfavourable for prospective live-in buyers.

    When we turn to supply metrics, stock on market Percentage is meagre at 0.17% and the inventory level is rather low at 0.6 months. This suggests a limited housing supply, which could potentially influence prices in favour of sellers. The building approvals ratio for houses is notably low, at 0.1%, pointing to a slow supply of new housing stock entering the market.

    With the average days on market (DoM) for houses calculated at 49 days, this is indicative of a relatively balanced demand, with properties not spending excessive periods on the market, but aren’t being snapped up immediately either.

    The vacancy rate, combined for both houses and units, remains low at 0.43%, suggesting high demand in the rental space, due to a dearth of available properties, which could potentially drive rental returns upwards.

    Lastly, the buy search index for houses at 3, portrays a neutral market demand, not especially high nor low, pointing to a balanced buyer interest.

    In conclusion, Salisbury North’s property market presents combinations of favourable and neutral indicators for investors, but understanding the trends behind these numbers remains crucial for successful real estate investment decisions. It’s worth noting that tools such as the Relative Composite Score (RCS) developed by HtAG Analytics can streamline this analysis process considerably.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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