281 Salisbury Highway, Salisbury Downs, SA 5108 | Property Value & History | OnTheHouse
OFF MARKET

281 Salisbury Highway
Salisbury Downs SA 5108

Bedrooms: 5
Bathrooms: 2
Car spaces: 8
Floor area: 196m2
Land area: 725m2
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Property Details for 281 Salisbury Hwy, Salisbury Downs

281 Salisbury Hwy, Salisbury Downs is a 5 bedroom, 2 bathroom House with 8 parking spaces and was built in 1973. The property has a land size of 725m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
House
Year Built
1973
Floor Size
196m2
Land Size
725m2
Local Government
Salisbury
Lot/Plan
A537/D6139

Last Listing description (December 2015)

On offer is a rare opportunity to secure a huge home, in a prime position with great exposure and potential for a home business enterprise. You can choose to rent out as is and reap the rewards, renovate and redecorate to instantly improve your yield and capital value or start your dream home business with the separate office, entry and living area available (STCC) the choice is yours.
Ideally located on a busy section of Salisbury highway with great exposure, you'll find this big 1973 built home with a fantastic flexible floor plan and spacious living options. The home comprises of a large lounge room, kitchen with stainless appliances opposite dining area that opens out to a huge family room. There are 4 bedrooms in total; 3 to the front and left side of the home that share easy access to the central separate bathroom and toilet, while the fourth bedroom has a two way bathroom. What makes this home special is the office/study or utility room with its own separate sliding door access from the carport where you can set up a small separate business or use as you desire. Prime for you to paint and profit or renovate and redecorate - this home is the perfect project at the perfect price.
Outside, you ll find a spacious single carport with plenty of room for extra storage on the side, a paved front yard for easy additional parking and double gates to the side for drive through access to the large garage. Security is sound with the large lockable front sliding gate and alarm system to protect the home.

The rental estimate for this property is approximately $290 to $340 per week (subject to an inspection by a Property Manager) with high demand for homes in the area. Current vacancy rates for Salisbury Downs is approximately 0.39% (depending on the source of information) allowing you to buy and get an instant income. With historically low interest rates, now is your chance to put a little money down to secure a great asset.
The home sits on a sizeable 724 sqm (approx) square allotment with low maintenance back yard ideal for an investment property. You are next to a medical centre, children s day care and bus stop, while being conveniently close to Salisbury Downs Primary school, Thomas More College and Hollywood Plaza Shopping Centre offering a prime position for a premium investment. This home is a rental with potential and an opportunity for you to purchase now and ponder the possibilities for profit later or secure a great home for you to create your future home business.
For further information call Mike Lao now!
Curious about the value of your home in Paralowie, contact Mike Lao
Council / City of Salisbury
Built / 1973
Land / 724sqm
Internal / 196.6sqm
Approx rental range / $290 to $340 per week

Property History for 281 Salisbury Hwy, Salisbury Downs, SA 5108

A timeline of how this property has performed in the market
Last Sold
$353,000
09 Dec 2015
  • 09 Dec 2015
    Sold for $353,000
  • 11 Sep 2015
    Listed for Sale Not Disclosed
  • 15 Apr 2014
    Sold for $315,000
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About Salisbury Downs 5108

The size of Salisbury Downs is approximately 2.8 square kilometres. There are 16 parks, covering nearly 13.5% of the total area. The population of Salisbury Downs in 2016 was 5984 people. By 2021 the population was 6296 showing a population growth of 5.2% in the area during that time. The predominant age group in Salisbury Downs is 30-39 years. Households in Salisbury Downs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury Downs work in a labourer occupation.In 2021, 62.60% of the homes in Salisbury Downs were owner-occupied compared with 60.20% in 2016.

Salisbury Downs has 2,738 properties. Over the last 5 years, Houses in Salisbury Downs have seen a 130.36% increase in median value, while Units have seen a 112.04% increase. As at 30 June 2026:

  • The median value for Houses in Salisbury Downs is $788,417 while the median value for Units is $505,834.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Salisbury downs on OnTheHouse. According to Cotality's data, 112 properties were sold in the past 12 months in Salisbury downs.

Suburb Insights for Salisbury Downs 5108

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.