Salisbury East at a glance
9,486
People
$812,000
Median sale
$564/wk
Median rent
3.61%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
SA › Salisbury East › Michael St
$650,000
Last sold
23 Mar 2024
3
Bedrooms
2
Bathrooms
5
Car spaces
696.4 m²
Land
331 m²
Building
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
Last sold
$650,000
23 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Salisbury East (last 5 years) with land size have a median of $1,196/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Salisbury East at a glance
9,486
People
$812,000
Median sale
$564/wk
Median rent
3.61%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury East
-20.0%
Median sale
Suburb $812,000
+0.90 pp
Gross yield
Suburb 3.61%
Suburb median $812,000 from 49 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 $564/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 East at a glance
9,486
People
$812,000
Median sale
$564/wk
Median rent
3.61%
Suburb gross yield
Median sale from 49 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://my.matterport.com/show/?m=P2NTD44enCF
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market this solid brick home that's bursting with original details and ample living spaces that will delight the modern family. Move in and relax or update and add instant value, the choice is all yours when you call 6 Michael Street your own.
You are spoiled for choice when it comes to living space with an impressive floorplan that's light-filled, functional and generous in size, plus, there's ducted air conditioning and heating throughout the home for temperature control.
The formal lounge area is located just off the entry and has double glass doors and wooden panel feature walls that add instant appeal along with oversized windows that frames views over the front yard. A rumpus room with a bathroom extends the internal living space further and will sure to be a favourite place to gather with loved ones at the end of the day or kick back and relax with a good book once the kids are in bed.
Cook up a storm in the galley-style kitchen with lots of bench and cupboard space and an adjoining meals area. Chef electric cooktop and oven are yours to enjoy along with 1.5 sink, overhead cupboards and a walk-in pantry.
Outside, the covered verandah will be an ideal spot to host your Sunday BBQ with loved ones as the kids and pets play safely in the fully fenced backyard. There is ample parking space within the carports and separate garage, a horse shoe driveway with an electric gate adds convenience plus there is workshop and utility area for the avid DIY'er.
Back inside, all three bedrooms are fitted with mirrored built-in wardrobes, ceiling fans and roller shutters ensuring peace and relaxation. The main fully tiled bathroom has a separate bath, step-in shower, vanity and toilet for convenience.
Key features you'll love about this home:
• Solid brick home with original features
• Solar panels with an approx 44c feed in tarrif
• Ducted reverse cycle heating and cooling
• Three bedrooms, two bathrooms and two living areas
• Secure undercover parking for 5 cars within the carports and separate garage
• Horseshoe driveway with an electric gate
Build your dream lifestyle in Salisbury East where your new home stands proud along a quiet family-friendly street. This character-filled abode is close to the Madison Park and Moyes Reserve as well as Salisbury East High School and Madison Park School. You're just minutes from Saints Shopping Centre and Parabanks Shopping Centre, Main North Road and the Cobbler Creek Recreation Park. It's a 35-minute drive to the Adelaide CBD or 40-minutes to the Barossa Region where you can visit many world class wineries and attractions.
Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!
Year Built / 1970 (approx)
Land Size / 696.4sqm (approx)
Frontage / 18.28m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,632.29 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $124.05 pa (approx)
Estimated Rental / $570-$620pw
Title / Torrens Title 5603/339
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 113.8sqm (approx)
Total Building / 331.7sqm (approx)
Construction / Solid Brick
Gas / Not Connected
Sewerage / Mains
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/ROlkXI
If this property is to be sold via Auction, the Vendors Statement (Form 1) may 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.
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: 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.