7/1 Douglas Ave, Salisbury is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 17m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2007.
This property now presents an even greater investment opportunity.
Now with a 12-month fixed lease until the 17th of August 2019, and an increased weekly rent to $240.00 this property is now returning near 5.5%.
Salisbury interchange, Salisbury TAFE, Parabanks Shopping Centre and many other amenities are within close walking distance.
The size of Salisbury is approximately 4.6 square kilometres. It has 22 parks covering nearly 15.6% of total area. The population of Salisbury in 2011 was 7,549 people. By 2016 the population was 8,205 showing a population growth of 8.7% in the area during that time. The predominant age group in Salisbury is 20-29 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury work in a labourer occupation. In 2011, 53.7% of the homes in Salisbury were owner-occupied compared with 52.3% in 2016.
Salisbury has 4,288 properties. Over the last 5 years, Houses in Salisbury have seen a 119.93% increase in median value, while Units have seen a 126.33% increase. As at 31 October 2024:
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