Salisbury North at a glance
10,914
People
$700,000
Median sale
$532/wk
Median rent
3.95%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
SA › Salisbury North › Deane St
$745,000
Last sold
7 Feb 2025
6
Bedrooms
3
Bathrooms
4
Car spaces
720 m²
Land
159 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$745,000
7 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Salisbury North (last 5 years) with land size have a median of $1,119/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Salisbury North at a glance
10,914
People
$700,000
Median sale
$532/wk
Median rent
3.95%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury North
+6.4%
Median sale
Suburb $700,000
-0.24 pp
Gross yield
Suburb 3.95%
Suburb median $700,000 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $532/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Salisbury North at a glance
10,914
People
$700,000
Median sale
$532/wk
Median rent
3.95%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://shorturl.at/oCScu
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this exceptional property offering a versatile floorplan ideal for large families, savvy investors, or those looking for their next business ventures. Situated on a 720sqm approx block with six bedrooms, four living areas, and two kitchens, the layout caters perfectly to those seeking space, privacy, and income potential.
Currently operating as a rooming home, it generates $1,020 per week with four tenants and approval for up to five residents. This setup offers a lucrative return and the potential to generate over $50,000 annually. Alternatively, transform it into the ultimate family haven with room for everyone to live, work, and play.
From the moment you step inside, the opportunities are evident. To the right of the entryway, you'll find a fully self-contained granny flat featuring a kitchen, a spacious living area with durable slate flooring, an air-conditioned master bedroom, a study nook, and a private en-suite. Enjoy direct access to one of two rear pergolas, making it an ideal space for multi-generational living or a private rental.
The main house boasts an eat-in kitchen complete with a walk-in pantry, electric appliances, laminate benchtops, and ample storage with overhead cupboards. A skylight adds natural light to this functional hub of the home. Living spaces abound, including a front lounge with a skylight and tiled flooring, a rear rumpus with a ceiling fan, storage room, day blinds, and a VJ panel feature wall, as well as an external studio equipped with a ceiling fan.
The five additional bedrooms all feature easy-care tiled flooring, ceiling fans, and individual door locks for added privacy. Bedroom six includes its own en-suite and external access, making it ideal for independent living or additional rental income.
Step outside to enjoy two shaded pergolas perfect for entertaining, a low-maintenance garden, and two sheds offering ample storage. At the front of the home, a generously paved parking area comfortably accommodates up to four cars, offering convenience for all residents. Whether you're seeking a high-yield investment or a spacious family home, this property delivers on all fronts.
Key features you'll love about this home:
- Smart keyless front door lock and security cameras
- Versatile floorplan with 6 bedrooms, 4 living areas, and 2 kitchens
- Granny flat with en-suite, study nook, and private entry
- Current rental income of $1,020 per week with rooming home approval
- Multiple outdoor entertaining areas and low-maintenance grounds
- Paved parking area for four cars
Conveniently situated within walking distance to local bus stops, Bagster Road restaurants, Salisbury North Oval, and Salisbury North Football Club, this property offers easy access to essential amenities. Nearby shopping includes Drakes Salisbury North and Parabanks Shopping Centre. Families will appreciate proximity to Salisbury North R-7 Primary School and Paralowie R-12 School, while commuters can reach Adelaide CBD in just 35 minutes.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1974 (approx)
Land Size / 720sqm (approx - sourced from Land Services SA)
Frontage / 19.81m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,747.68 pa (approx)
Water Rates (excluding Usage) / $662.20 pa (approx)
Es Levy / $129.60 pa (approx)
Current Rental / 4 rooms leased totalling $1,020per week
Title / Torrens Title 5362/936
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 159.7sqm (approx)
Total Building / 210.5sqm (approx)
Construction / Brick Veneer
Gas / Connected
Sewerage / Mains
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/IMdZlF
If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.
Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.