Lot 2 - Lennira Street - Salisbury North

Salisbury North , Adelaide, SA, 5108

$ 717,800

Salisbury North , Adelaide, SA, 5108
Lot 2 - Lennira Street - Salisbury North-0
Lot 2 - Lennira Street - Salisbury North-1
Lot 2 - Lennira Street - Salisbury North-2
Lot 2 - Lennira Street - Salisbury North-3

Property Images

Lot 2 - Lennira Street - Salisbury North-0 Lot 2 - Lennira Street - Salisbury North-1 Lot 2 - Lennira Street - Salisbury North-2 Lot 2 - Lennira Street - Salisbury North-3

Overview

Property ID: LA-16422

  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 130

Details

Updated on Jul 26, 2025 at 01:00 am

Property Type: House and Land
Price: $ 717,800
Land Price: $ 409,000
Build Price: $ 308,800
Gross Per Week: $ 520
Gross Per Annum: $ 27,040
Gross Yield: 3.77%
Capital Growth 12 Months: 25.25%
Capital Growth 10 Year Annualised: 8.67%
Vacancy Rate: 0.26%
Property Size: 130 m2
Land Area: 325 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: To be confirmed
Property ID: 16422
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Salisbury North is a residential suburb located in the northern part of the metropolitan area of Adelaide, South Australia. It is part of the City of Salisbury, one of Adelaide's larger and well-established council areas. Salisbury North is known for its affordable housing, community-oriented vibe, and access to various amenities, making it popular with families and first-home buyers.

Suburb Overview

Salisbury North is a diverse and multicultural suburb with a mix of older homes, newer developments, and several public housing areas. The suburb is well-positioned with proximity to both the Adelaide CBD and the expanding northern suburbs. It has a combination of residential areas, local businesses, and parks, contributing to a relaxed suburban lifestyle.

Transportation

  • Roads: Salisbury North is well connected by road, with major routes like Waterloo Corner Road and Salisbury Highway offering easy access to nearby suburbs and a direct link to the Adelaide CBD, which is around 25 kilometers away. The Northern Expressway also provides a fast route to the city and other parts of Adelaide's northern region.
  • Public Transport: Public transport in the area is reliable, with several bus routes running through the suburb, connecting it to the Salisbury Interchange and Elizabeth. The Salisbury railway station, a short drive away, provides direct train services to the Adelaide CBD and Gawler, making commuting relatively easy for residents.
  • Bikeways: Salisbury North has access to a number of cycling paths that connect to nearby parks and other parts of the Salisbury area.

Schools

There are a range of schools in and around Salisbury North, catering to the educational needs of the local community:

  • Salisbury North Primary School: A well-regarded primary school located in the heart of the suburb.
  • Lake Windemere School: Another primary school offering education from Reception to Year 7.
  • Salisbury High School: Located in the neighboring suburb of Salisbury, this school provides secondary education to the local area.
  • Thomas More College: A Catholic secondary school located in nearby Salisbury Downs, offering a private school option for families.

Parks and Recreational Areas

  • Adams Oval: A popular local sports ground used by the Salisbury North Football Club. It’s a great spot for community events, weekend sports, and social gatherings.
  • Happy Home Reserve: A local park featuring playgrounds, picnic areas, and green spaces for families to enjoy.
  • Kaurna Park Wetlands: Located nearby, this large natural area offers walking trails, bird watching, and an opportunity to enjoy nature while being close to home.

Shopping and Amenities

  • Salisbury North Shopping Centre: The suburb has its own shopping center, which provides local residents with a range of everyday amenities, including a supermarket, pharmacy, and small specialty stores.
  • Parabanks Shopping Centre: Located in nearby Salisbury, this larger shopping mall offers a wider range of retail options, including major supermarkets, fashion stores, and dining options.
  • Hollywood Plaza: A larger shopping complex just a short drive away in Salisbury Downs, featuring a variety of stores, supermarkets, and a food court.

Infrastructure

  • Healthcare: Salisbury North has access to various medical facilities, including general practitioners, dental clinics, and pharmacies. The Lyell McEwin Hospital, one of Adelaide’s major hospitals, is located a short drive away in Elizabeth Vale, providing emergency and specialized healthcare services.
  • Community Services: The City of Salisbury provides a range of community services, including libraries, community centers, and recreational facilities. The Salisbury North Football Club and other sporting associations provide opportunities for residents to engage in local sports and social activities.

Community Services

  • Libraries and Community Centers: The nearby Salisbury Community Hub offers a modern library, community spaces, and various events and activities for residents. Salisbury North also benefits from local youth and community programs that focus on social inclusion and support for families.
  • Sports Clubs: The suburb has an active sporting community, with clubs for football (Aussie Rules), soccer, netball, and cricket. There are also recreational facilities such as gyms, swimming pools, and parks that encourage a healthy and active lifestyle.

Real Estate

  • Housing: Salisbury North offers a mix of older, established homes, public housing, and newer developments. The suburb is known for its affordability, making it a popular choice for first-home buyers, families, and investors looking for properties with growth potential. There has been some urban renewal in parts of the suburb, with new housing estates providing modern living options.
  • Real Estate Market: The housing market in Salisbury North is generally affordable compared to many other Adelaide suburbs. It attracts a mix of buyers and renters, and the suburb has a stable rental market due to its accessibility and local amenities. Property prices in Salisbury North tend to be more affordable than in suburbs closer to the city, making it a good option for those looking for more space and value.

Conclusion

Salisbury North offers a balanced suburban lifestyle with a strong sense of community, affordable housing, and access to essential services. Its proximity to schools, shopping centers, and recreational areas makes it an attractive option for families and young professionals alike. While it may not have the same prestige as some of Adelaide's inner suburbs, Salisbury North provides a more affordable, laid-back, and family-friendly living environment, with the added benefit of being close to the rapidly expanding northern region of Adelaide.

Disclaimer*

Reservation Requirements: 1. Completed EOI (Property Reservation form under Fusion CRM Online Forms) 2. Holding deposit receipt (amount TBA) 3. Copy of client's finance pre-approval letter/comfort letter from the broker 4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 2 - Lennira Street - Salisbury North
City Adelaide
State SA
Postcode 5108
Suburb Salisbury North

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

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