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SA › Salisbury Downs › Salisbury Hwy

288 & 288A Salisbury Hwy, Salisbury Downs SA 5108

For saleHouse

$41,230

For sale

Asking

7

Bedrooms

3

Bathrooms

5

Car spaces

875 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $41,230 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $41,230(Listing record · 11 Aug 2026)
  • FactLand 875 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Salisbury Downs (last 5 years) with land size: median $1,151/m² of land (n=75). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 95% below the Salisbury Downs median recorded sale ($771,500, n=33, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Salisbury Downs's advertised median rent ($524/wk), implied gross yield would be 66.09% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$41,230

Asking · $47/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Salisbury Downs (last 5 years) with land size have a median of $1,151/m² of land (n=75). Districts calculation from recorded sales — not a valuation.

Salisbury Downs at a glance

6,395

People

$771,500

Median sale

$524/wk

Median rent

3.53%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Salisbury Downs report →

Vs Salisbury Downs

-94.7%

Median sale

Suburb $771,500

+62.56 pp

Gross yield

Suburb 3.53%

Suburb median $771,500 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$41,230
Stamp Duty (South Australia)
$817
Transfer/Registration Fee
$353
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$46,100

$4,870 on top of the price (11.8% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Salisbury Downs's advertised median rent — not a rent for this listing.

Net yield
64.59%
Annual cashflow (pre-tax)
$24,486
Interest cover (DSCR)
12.42
Annual rent
$27,248
Operating expenses
$618
Loan amount
$32,984
Annual interest
$2,144
Gross yield
66.09%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$41,230available11 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $524/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 66.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Salisbury Downs in one glance

Salisbury Downs at a glance

6,395

People

$771,500

Median sale

$524/wk

Median rent

3.53%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Salisbury Downs report →

Keep researching

  • Why Salisbury Downs? Read the area thesis →
  • What else is on the market in Salisbury Downs →
  • Other records on Salisbury Hwy →

Listing material

Listed by Ray White Semaphore

$67,600 p.a Two Torrens Titled properties on 2 separate Titles!

Currently returning Circa $67,600 Gross Per Annum.

Whether you are looking to purchase as a place to live and invest, to house the largest of extended families, simply grow your income stream or run your home business and live next door, these properties on a very sizable parcel of land are worth your consideration.

House 1 - 288 Salisbury Highway

Read the full description

- Built in 1952

- Solid Brick

- 431sqm land approx

- 3 Bedrooms

- 2 Bathrooms

- 2 Living or 4th bedroom

- Large Cellar

- Solar System

- 2 Off Street Car parks

- Ducted Heating & Cooling

- Gas Cooking

- Dishwasher

- Leased Until September 2026 $700 per week

House 2 288A Salisbury Highway

- NDIS Approved

- Circa 2004

- Brick Veneer Construction

- 4 Bedroom

- 1 bathroom

- 1 U/C Carport

- Multiple Off Street Carparks

- Ducted Heating & Cooling

- Leased Until May 2027 $600 per week

Scheduled for Public Auction unless sold prior. Documentation will be made available, a flexible opportunity whether you are looking to grow the investment portfolio, find a new premise for your home business or build on this exciting opportunity.

Please call Anthony DeMarco for a discussion and further information.

Purchaser Portal:

Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below:

https://portal.reaforms.com.au/purchaser/288-salisbury-highway-salisbury-downs-sa-5108-5nxjou2d29t5036ec7c918y9f

For more information:

Please contact the selling agent/s directly, we welcome any enquiry on this exciting property listing.

*If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Denham Morris Realty Pty Ltd RLA: 343783 does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.

Listing description written by Anthony Demarco, Ray White Semaphore — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Courtyard
  • Dishwasher
  • Secure Parking
  • Solar Panels
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.