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SALISBURY

Purchase of a medium spec property with a focus of cash flow and growth to eventually result in replacing income at a rate of 1 property per year. As a high income earning professional, growth is considered especially important for the property being purchased. Ryan’s serviceability would allow him to release equity for subsequent purchases relatively easily. The ideal market would be located within reach or metro areas or major regional cities in Queensland.

It’s with great pleasure to present

Your Focus Market
and property

DISCOVER OUR METHODS

HOW DO WE select OUR MARKETS?

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 in August 2016 for his invention of the Housing Market Prediction Solution, which predicts housing price changes at suburb level up to ten years into the future.

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.

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.

your Hot market

CITY OF SALISBURY

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.

CREASTMEAD 4132

Market Conditions

8.0% median value growth in 1 year

The markets movement over the past year, paired with supportive driving data shows us there is good growth to come. 

Decrease of -43.9% over the year DOM displays an increase in buyers sentiment

The fall in days on market (DOM) shows that market conditions are heating up which will result in market growth as demand increases.

-2.93% 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.

The current rental yield in the market is 5.94%

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.

The number of new listings has increased by -9.7% 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 7.7% 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.

Market Performance Over 1 YeaR

Economic Profile

The City of Adelaide's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development.

Economic Development Strategy

Salisbury City has large amounts of infrustructure projects in place to support economic growth

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.

Economically supporting 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
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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
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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
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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
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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
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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
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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
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our suggested Property

8 Julie Street Crestmead, QLD, 4132

Property details

4

1

1

Asking Price

Market Value

Current Rent

Potential Yield

Offers over $349,000 

$350,000

$400 p/w

5.94% Gross

Where is this Property

Why is this a good option?

What should i know about this property?

Are there easements on the property?

No, there are no easements.

Easements are areas which need to be accessible by council or other similar authority figures. An easement could be related to sewage piping, gas lines or electrical works.

does the property fall in flood lines?

No, the property is not in flood lines.

Flood zones are caused by obvious causes. In areas where the terrain is fairly flat and river banks overflow, properties which fall within these catchments warrant higher insurance costs. 

Is the property correclty zoned?

Land Use 1: Single Unit Dwelling Zoning: RESIDENTIAL 600 (4600)

Building and council regulation states that the dwelling on top of the land needs to be classified correctly for the type of structure that it is.

Are there any caveats on the property?

There are no found caveats on the property.

A caveat is a ruling or law attached to the property, usually with a contract attached to it. If this is the case, the caveat needs to be understood as to what it is, who it benefits and when or if it expires. 

Are we satisfied with the property's title?

Yes, initial legal searches are disconcerting.

The initial property title search shows a number of legal details, namely the lender, registered owner, administrative advice and more.

Are all council costs paid to date?

There are no records of outstanding council cost.

Outstanding council costs can come form CDC or DA work that has been put in action on the property. It could also come from maintenance charges and similar services.

Is the property in adequate condition?

Yes, the listing agent feels the photos represent and display fairly. Owners are getting the property ready for market.

In communications with the listing agent, he/she has confirmed the condition of the property is as the listing shows. This will be verified by our team in the steps moving forward.  

What are the council rates for the property?

Approximately $3200 per half-year.

Council rates are paid by the owners and fund council work and operations. Generally, the smaller the population and larger the council, the higher the fee is.

What are the landlord insurance cost?

Approximately $1200 per year

Landlord insurance is an compulsory free for the possession of a tenanted investment property. 

how many days has this property been on market?

This property is off market

There are 3 types of listing stages:

  1. On-market, this is found on major portals
  2. Off-market, this is for sale, but with the listing agent only
  3. Pre-market, this has been presented to us outside of the public

None of these types of listing types define the quality of the property.

When was the property Built?

Year of build: 1996

The build year should be considered when purchasing properties of different structure types. The price of the property can be reflective of the build year vs the structure type. Some structure types age better than others. At a certain price point, it is worth remembering that land is the appreciating asset, while the dwelling is the depresiationg asset and can be reflective in the age of the property. 

When are the lease renewal dates?

Waiting for more info

Tenure renewals dates need to be considered in rising markets. If the market is rising, your ability to increase rental rates will on be possible at the time the tenants lease period has come to an end. 

Wheat are the lease rates associated?

Approximately $400/week

Lease renewal rates cannot be changed inside of lease periods, for the benefit of the tenant. 

What to expect

THE BREAKDOWN

All cost associated to the purchase, management and upkeep of the property are taken into account and shown here, along with the rental returns based on today's conditions. Net results are based on 1 year results and consider all costs including interest only rates but exclude personal tax rates. The data available to us gives us an understanding of how market conditions are affected. We can make assumptions for the property to grow in value for the remaining growth cycle period.

all funds associated

Please make sure to go through all the details and get back to us as soon as possible.

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