Salisbury
SA
4701
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DISCOVER OUR METHODS
HOW DO WE SELECT OUR MARKETS?
Targeting locations which will grow in value by understanding what these push and pull factors are, when they will occur and how long they are due to last is what allows us to make assumptions for strong market growth.
Our methodology aligns with a number of different driving factors. Some of these include government funding, economic uplifting projects, infrastructure introduction, flanking market affects and more. However, the underlying factors comes down to a couple of basic principals, supply and demand from population movement and demographic demand.
In proud partnership with Australia’s top property economists. We formulate specific data reports based on our client’s requirements and the markets we shop in. Our partners have been awarded the Innovation Patent Housing Market Prediction Solution, which predicts housing price changes at suburb level up to ten years into the future.
The target LGA
SALISBURY
Region Overview
The City of Salisbury is located in Adelaide’s northern suburbs, about 25 kilometres from the Adelaide CBD. The City of Salisbury is bounded by the City of Playford in the north, the City of Tea Tree Gully in the east, the City of Port Adelaide Enfield in the south and Gulf St Vincent in the west.
Proximity to major employment nodes is a key part of the Salisbury appeal. Food and beverage manufacturing, advanced manufacturing, defence, cybersecurity and space are emerging industries, attracting businesses and generating jobs.
Medium-scale projects generate thousands of jobs, driving the economy forward through 2020 and beyond.
Economic development activities have buoyed the property market – rents are rising, yields are good and vacancy rates are extremely low, providing opportunities for entry-level investors attracted by the affordable house prices and high rental returns.
The target SUBURB
SALISBURY DOWNS 5108
Economic Profile
The City of Salisbury’s economic profile presents economic information that enables you to describe the area’s role within the broader economy, explore options for economic development.
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Economic Development Strategy
Salisbury City has large amounts of infrustructure projects in place to support economic growth
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Renewal of Salisbury City Centre
The City of Salisbury is a flourishing city that offers opportunity for all. It is one of the fastest growing cities in Australia and a hub for innovation and, business.
Lets look at the numbers
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Market Performance Over 1 Year
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10.6% median market growth in 1 year
The markets movement over the past year, paired with supportive driving data shows us there is good growth to come.
The current rental yield in the market is 6.59%
As we are looking for a positively geared property, yielding will need to be considered. We can expect this to rise due to the supporting data.
-3.70% vendor discounting shows us an understanding of the market’s performance
As properties begin to grow in value, vendors are realising the interest in the market and discounting less and negotiations begin to tighten up.
Days on market have reduced since December 2020 by -35.9% to 33 days.
A reduction in days on markets indicates that pent up demand is causing property in the areas to sell at vendors expectations, which empowers the local property economy.
The number of new listings has increased by 27.6% in the last year
The increase of new listings coming onto onto the market shows that vendors are wanting a piece of the action and are willing to gauge the market.
Stock on market has increased by 19.2% over the last year
As vendors begin to realise the markets potential, savvy owners are putting their properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.
Economically influencing projects
Northern Connector Project
Value:
$985 million
One of 7 road projects to
connect Gawler to Old
Noarlunga
Status:
Completed
The Northern Connector
opened to traffic in
March 2020
Impact:
Jobs: 480 during
construction
A 15km six-lane
motorway
Kings Aviation Centre
Value:
$200 million
Status:
Under construction
Completion due 2021
Impact:
A 36ha commercial
and industrial park
for aviation-related
activities
Gawler Rail Line Upgrade & Electrification
Value:
$615 million
Status:
Under construction
Completion expected in
2021
Impact:
Jobs: 135
The Gawler line from
Adelaide to Salisbury
will be electrified
Project Sentinel
Value:
$1 billion
Status:
Under construction
Completion due 2021
Impact:
A 12-year project for
Australian Customs’
Coastwatch program
Raaf Base Edinburgh Upgrades
Value:
$660 million
Status:
Under construction
Impact:
Jobs: 70
Includes a new Boeing
training simulator
system
Parafield Airport Expansion (District Outlet Centre) The Devwest Group
Value:
$50 million
Status:
Deferred
Delayed because of
Covid-19
Impact:
Jobs: 750
A new enterprise
precinct and 200,000
extra flights a year
Raytheon Australia’s Centre for Joint Integration, Mawson Lakes
Value:
$2.5 billion
A production facility for
an air defence missile
system
Status:
Under construction
Impact:
Jobs: 200 during
construction; 300
operational
Raytheon Australia’s
Centre for Joint
Integration, Mawson
Lakes
Healthia, New Medical Hub Next to Lyell Mcewin Hospital, Elizabeth Vale ACH Group
Value:
$100 million
Includes health
services, education,
training and social
housing
Status:
Proposed
Impact:
Jobs: 688 construction;
150 operational
Lyell Mcewin Hospital Emergency Department Redevelopment
Value:
$58 million
Status:
Under construction
Lionsgate Business Park, Elizabeth (The Pelligra Group)
Value:
$250 million
Re-development of
the former Holden
manufacturing site
Status:
Under construction
Impact:
Jobs: 400 during
construction
To be developed
into a high-tech
manufacturing hub
High Performance Computer Centre, Edinburgh Defence Science and Technology Site
Value:
$70 million
Status:
Approved
Impact:
Jobs: 100
Sa Produce Market Expansion, Pooraka
Value:
$47 million
Status:
Under construction
Delorean Energy Waste to Energy Plant, Edinburgh
Value:
$33 million
Status:
Approved
Expected to be
operational in 2021
Irrigation Scheme: Bolivar to Adelaide Plains
Value:
$266 million
Federal Govt is funding
$156mil, State Govt
$110mil
Status:
Under construction
Impact:
Jobs: 3,700
Economic benefit
$500 million per year
Penfield Urban Development (AV Jennings)
Value:
$700 million
Status:
Under construction
Completion due 2024
Impact:
1,900 dwellings and
two commercial
centres are planned
Blakeview Urban Development Stage 2 (Blakes Crossing) Lendlease
Value:
$750 million
Status:
Under construction
Impact:
A town centre and
1,500 houses are
Planned
Blakeview West Urban Development
Value:
$500 million
99ha of residential
Development
Status:
Proposed
Blakeview East Urban Development (Fairmont Group JV Land M’ment Corp)
Value:
$500 million
Status:
Under construction
Completion due 2022
Impact:
1,700 homes are
planned
Manufacturing Facility, Edinburgh Veroguard
Value:
$58 million
Status:
Under construction
Impact:
Jobs: 600
Helping Hand Aged Care Centre, Ingle Farm
Value:
$10 million
Status:
Approved
St Basil’s Homes Aged Care, Salisbury Plain
Value:
$23 million
Status:
Proposed
Why do we suggest this market?
Please make sure to go though all the details and get back to us as soon as possible
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Property Portfolio Growth Partners
- 1300 671 341
- hello@localhost
- 143 Pittwater Rd, Manly, NSW, 2095
- ABN: 58 633 337 854
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