9/157 Waterloo Corner Rd, Salisbury North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 82m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Set in a very neat group of only nine units, this two bedroom unit presents the ideal opportunity for a savvy investor or purchase for those looking to downsize or start out. With projected rental returns at $240.00 per week, the yield on offer with this unit is second-to-none!
Upon entry, visitors are welcomed into a spacious lounge area with a reverse-cycle wall unit. This connects into the open dining/kitchen area with overhead cupboards and electric cooking appliances. The property boasts an extra large main bedroom with a ceiling fan and floor-to-ceiling built-in robes. Plenty of cupboards in the hallway ensure that storage is not hard to come by either. Out the back is a seperate, fully fenced rear yard with a small garden shed. The unit is situated at the back of the complex which means less noise from road traffic can be heard. Car accommodation is catered for with a single carport alongside the unit.
The property is located a short drive from local shopping facilities at Parabanks and Foodland Salisbury North. It is also located a short distance from schools including Salisbury High School, Salisbury North Primary School and Paralowie R-12.
Crunch the numbers, come along for an inspection and be pleasantly surprised with what this unit has to offer.
The size of Salisbury North is approximately 4.2 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Salisbury North in 2011 was 9,277 people. By 2016 the population was 9,886 showing a population growth of 6.6% in the area during that time. The predominant age group in Salisbury North is 30-39 years. Households in Salisbury North are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury North work in a labourer occupation. In 2011, 58.2% of the homes in Salisbury North were owner-occupied compared with 57.6% in 2016.
Salisbury North has 4,530 properties. Over the last 5 years, Houses in Salisbury North have seen a 133.65% increase in median value, while Units have seen a 125.16% increase. As at 31 October 2024:
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