Salisbury North at a glance
10,914
People
$700,000
Median sale
$532/wk
Median rent
3.95%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
SA › Salisbury North › Shearer Cres
$500,000
Last sold
10 Jan 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
680 m²
Land
73 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
$500,000
10 Jan 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 77 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury North
-28.6%
Median sale
Suburb $700,000
+1.58 pp
Gross yield
Suburb 3.95%
Suburb median $700,000 from 77 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 77 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tim Morris Real EstateUnlock the potential of this quaint 1960s 3-bedroom home, well-maintained & set on a spacious 663sqm allotment (approx). Whether you're a first homebuyer looking for your gateway into homeownership, a developer looking for an outstanding opportunity, or a savvy investor seeking an excellent yielder, this property offers endless opportunities. Renovate & update, subdivide (STPC) or build your dream home, this is your chance to reimagine & create a space that's truly yours!
Experience the seamless flow of open-plan living, dining & kitchen ideal for family gatherings. The kitchen in original & excellent condition with timber-look vinyl flooring.
The home offers 3 bedrooms, bathroom with vanity, separate shower & bathtub, separate WC, functional laundry & linen cupboard in the hallway for practical storage.
The outdoor space offers a carport behind a roller door, versatile shed/workshop & large easy-care backyard. Enjoy the verandah & central gazebo, built-in wood BBQ & artificial turf, perfect for a game of backyard cricket. The original Hills Hoist still in excellent condition adds a nostalgic touch to this versatile property.
Additional features include updated modern windows throughout, awnings on the front windows & roller shutters on all back windows for added security & insulation.
Features you will enjoy:
• Open Plan Living, Dining & Kitchen
• Updated Modern Windows throughout
• Roller Shutters to back windows
• Carport behind Roller Door
• Shed/Workshop
• Large low-maintenance rear yard
• Shaded Gazebo for outdoor entertaining
• Large Allotment of approx 663 sqm
Salisbury North boasts excellent connectivity, with easy access to public transport, including buses & trains, for hassle-free commuting. The area offers a range of local shopping options, such as Parabanks & Hollywood Plaza. It is also home to ample green spaces, with nearby parks for outdoor activities. Education is well-served, with Salisbury North Primary & Lake Windemere Schools located nearby.
This property is brimming with opportunity-don't miss your chance to make it your own!
SPECIFICATIONS
Year Built: 1964
Land Size: 663 sqm(approx)
Frontage: 17.67m(approx)
Depth: 37.49m(approx)
Easements: Nil
Council: City of Salisbury
Council Rates: $307.00pq
Water Rates: $78.60pq
Sewerage Rates: $86.95pq
ESL: $77.40pa
Rental Estimate: $480pw
The accuracy of this information cannot be guaranteed & all interested parties should seek independent advice.
RLA 274675
Listing description written by Anthony Fonovic, Tim Morris Real Estate — reproduced as published, not verified by Districts.
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