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Salisbury suburb profile

Salisbury is a well-established suburb located approximately 11km south of Brisbane's CBD, known for its blend of residential, industrial, and green spaces. With a strong community spirit, Salisbury offers a mix of post-war homes and modern developments, attracting families and professionals alike. The suburb is home to several parks, including Toohey Forest, which provides ample recreational opportunities and nature trails. Salisbury's convenient access to public transport, including train and bus services, makes commuting to the city easy. Its proximity to Griffith University and local amenities further enhances its appeal as a practical and welcoming place to live.

Salisbury property market performance

Current median dwelling price$862,500Past 3 months

Salisbury's property market has shown robust growth over the past 12 months, with house values increasing by 16.7%, bringing the median house price to approximately $1.37 million. The unit market, however, remains stagnant with no change in median value, reflecting limited activity in this segment.

Sales activity has been relatively low, with 12 houses and just 1 unit sold in the past year. Houses are selling quickly, with a median of just 11 days on the market, indicating strong demand and buyer interest in the area.

The rental market in Salisbury has seen moderate growth, with house rents increasing by 4.0% and unit rents by 4.8% over the last 12 months. The average rent for houses is $700, while units average $435, suggesting a steady demand for rental properties.

HousesUnits
Median price
Past 3 months
$1.31MN/A
Change in value
Past 12 months
17.0%N/A
Sold
Past 3 months
221
Median days on market
Past 12 months
14N/A
Average rent
Past 12 months
$700$435
Change in rent
Past 12 months
4.5%2.4%

5 year median price trend for houses and units

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Salisbury demographics

Salisbury, located in Brisbane's southern suburbs, is a family-friendly area known for its community spirit and convenient access to the city. With a population of 6,790 and a median age of 35, Salisbury is home to a mix of young families and established residents. The suburb's proximity to major transport routes and educational institutions makes it an attractive choice for those seeking a balanced lifestyle with easy access to urban amenities.

The suburb's housing market reflects a strong preference for home ownership, with 24.2% of properties owned outright and 45.2% owned with a mortgage. This indicates a stable community with a significant number of long-term residents. Rental properties make up 30.5% of the housing market, providing options for those seeking flexibility or temporary accommodation. The median total household income of $2,133 per week suggests a relatively affluent community, with many residents enjoying a comfortable standard of living.

Family dynamics in Salisbury are diverse, with 46.6% of households being couple families with children, and 34.8% being couple families without children. One-parent families account for 15.8% of the community, while other family types make up 2.8%. This variety in household composition contributes to a vibrant and inclusive community atmosphere. Salisbury's blend of suburban tranquility and urban convenience makes it a desirable location for families and professionals alike, offering a welcoming environment for all.

Suburbs near Salisbury

Some popular suburbs near Salisbury include:

How does Salisbury compare to nearby suburbs?

  • Median house prices: Salisbury’s median house price is 10.5% higher than Coopers Plains’s.
  • Median unit prices: Salisbury’s median unit price is 4.7% lower than Moorooka’s.
  • House price growth: Over the past 12 months, house prices in Salisbury have grown 7.6% higher than in Coopers Plains.
  • Selling speed for houses: Properties in Salisbury are selling 26.3% faster than in Coopers Plains.
  • Selling speed for units: Properties in Salisbury are selling 34.6% faster than in Coopers Plains.
  • Investment considerations: In Salisbury, the rental yield for house is 1.3% lower than the Brisbane average, while the rental yield for units is 21.8% lower.
  • House price growth: Over the past 12 months, house prices in Salisbury have grown 8.3% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Salisbury have grown 5.8% higher than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Salisbury

Currently, there are 31 real estate agents working in Salisbury—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 31 agents sold 71.4% of all properties in Salisbury over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Salisbury typically charge a commission of 2.44% to 3.04%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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