3 Barnett StreetSalisbury SA 5108
Property Details for 3 Barnett St, Salisbury
Last Listing description (September 2021)
Located on a corner allotment, this small group of 3 single storey, 2 bedroom home units on the one title are further enhanced by an additional 300sqm approx. allotment of land with 15 metre frontage to Peter Street.
Currently all three units leased out with a combined income of $640 per week with the additional land holding potential makes for a great residential investment property with plenty of reward.
The three flats come complete with gas instantaneous hot water, reverse cycle air conditioning and updated bathrooms. Spacious living area has polished timber floors and is accompanied by two good sized bedrooms. All three home units have off street car parking.
A fantastic opportunity to subdivide the extra land behind the group of flats as it has a 15 metre (approx.) wide street frontage to Peter Street, and is approximately 19 metres deep giving the opportunity to build a single dwelling (STCC) or extend the current group of flats (STCC).
A fantastic addition to your property portfolio, or renovate and make the profit today, the opportunities are endless.
Property History for 3 Barnett St, Salisbury, SA 5108
- 16 Jun 2015Listed for Sale $520,000 to $550,000
- 27 Jun 2007Sold for $109,000
- 11 Jun 2005Listed for Sale 105000
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About Salisbury 5108
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 2016 was 8205 people. By 2021 the population was 8841 showing a population growth of 7.8% in the area during that time. The predominant age group in Salisbury is 30-39 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 2021, 54.00% of the homes in Salisbury were owner-occupied compared with 52.30% in 2016.
Salisbury has 4,351 properties. Over the last 5 years, Houses in Salisbury have seen a 143.16% increase in median value, while Units have seen a 142.33% increase. As at 28 February 2026:
- The median value for Houses in Salisbury is $774,649 while the median value for Units is $479,543.
- Houses have a median rent of $550 while Units have a median rent of $430.
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