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
$799,000
For sale
Asking
6
Bedrooms
2
Bathrooms
6
Car spaces
931 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$799,000
Asking · $858/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Salisbury North (last 5 years) with land size have a median of $1,117/m² of land (n=117). 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
+14.1%
Median sale
Suburb $700,000
-0.49 pp
Gross yield
Suburb 3.95%
Suburb median $700,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$49,703 on top of the price (6.2% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Salisbury North's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ray White SalisburyRay White Salisbury is proud to present 24A-24B Shearer Crescent, Salisbury North
THE LOCATION
Perfectly positioned within the continually evolving suburb of Salisbury North, this well-connected location offers outstanding convenience with a wide range of schools, shopping facilities, parks, public transport options and major transport corridors all within easy reach. Families will appreciate the proximity to Salisbury North Primary School, Lake Windemere School, Paralowie R-12 School and Brahma Lodge Primary School, while several childcare facilities are also nearby.
Shopping and everyday essentials are well catered for with Springbank Plaza, Parabanks Shopping Centre, Hollywood Plaza and Saints Shopping Centre all within easy reach, offering a variety of retail, dining and essential services. Outdoor enthusiasts will appreciate the abundance of nearby reserves and recreational facilities including Adams Oval, Salisbury North Oval, Happy Home Reserve and the scenic Little Para River Linear Park, providing walking trails, playgrounds and open green spaces for the whole family to enjoy.
Commuters will benefit from excellent public transport options, including nearby bus routes and easy access to Salisbury Interchange, providing both train and bus services for effortless travel throughout Adelaide. Main North Road, Port Wakefield Road and the Northern Expressway are all easily accessible, while the Adelaide CBD is located approximately 30 minutes away.
THE RESIDENCE
Positioned on a substantial 931sqm (approx.) allotment and originally built in 1977, this unique dual-dwelling presents an exceptional opportunity for developers, investors, multi-generational families and those seeking strong rental return potential. Comprising two separate three-bedroom residences on a single title and further enhanced by the concept plan provided, the property offers outstanding flexibility today while presenting exciting future subdivision potential (Subject To Council Consent).
The primary residence (24A) welcomes you with a spacious front lounge room, creating a comfortable setting to relax and unwind. Moving through the home, the practical floorplan flows into the well-appointed kitchen, complete with ample bench space, generous cabinetry and excellent storage, overlooking the adjoining dining area. Accommodation comprises spacious bedrooms, all conveniently serviced by the central bathroom and separate laundry facilities. Stepping outside, the expansive undercover entertaining area creates the ideal setting for year-round gatherings while overlooking the spacious rear yard. Adding significant appeal is the extensive vehicle accommodation, including multiple carports, a large garage/workshop and ample off-street parking.
Privately positioned toward the rear of the allotment, the second residence (24B) offers excellent independence and flexibility. The functional layout features a combined living, dining and kitchen area, creating a comfortable and practical living environment. Three generously sized bedrooms are positioned throughout the home and are serviced by a central bathroom, while a private decked outdoor entertaining area extends from the residence, providing an inviting space to relax and enjoy.
Further enhancing the appeal for developers and investors is the concept plan provided, which showcases the potential to retain the existing front dwelling on an allotment of approximately 430sqm while creating a proposed rear allotment of approximately 501sqm (Subject To Council Consent). Whether you are seeking dual rental income, accommodation for extended family members, a future development project or a strategic long-term investment, this versatile property presents an outstanding opportunity with endless potential.
FEATURES
• Multiple Carports
• Dual Dwelling Opportunity
• Large Garage Or Workshop
• Extensive Off-Street Parking
• Potential Dual Rental Income
• 931sqm Approximate Allotment
• Private Decked Entertaining Area
• One Bathroom To Residence 24A
• One Bathroom To Residence 24B
• Three Bedrooms To Residence 24A
• Three Bedrooms To Residence 24B
• Spacious Front Lounge Room To 24A
• Expansive Undercover Entertaining Area
• Open Plan Living, Dining And Kitchen Area
• Approximately 30 Minutes To Adelaide CBD
• Excellent Multi-Generational Living Opportunity
• Outstanding Development And Investment Potential
• Future Subdivision Potential Subject To Council Consent
• Close To Schools, Shopping Centres And Public Transport
This is a rare and versatile offering combining dual-income potential, future development opportunities and substantial landholding appeal in one of Salisbury North's continually growing locations. For all enquiries, please contact Justin Irving today.
Regarding price, We will supply recent sales data for the area which is available upon request via email or at the open inspection.
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors 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 Jake Flavel, Ray White Salisbury — reproduced as published, not verified by Districts.