1-2/38 Traverse Avenue, Salisbury North, SA 5108 | Property Value & History | OnTheHouse
OFF MARKET

1-2/38 Traverse Avenue
Salisbury North SA 5108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 657m2
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Property Details for 1-2/38 Traverse Ave, Salisbury North

1-2/38 Traverse Ave, Salisbury North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 657m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
1994
Land Size
657m2
Local Government
Salisbury
Lot/Plan
A50/D4886

Last Listing description (February 2014)

2 Incomes 1 Title 1 Lot of Outgoings. Perfect!!!
One for the Super fund this unique offering boasts 2 dwellings that present separately and share no common area so appear to be 2 distinct homes making them perfect for those seeking a property that delivers top returns but also has potential to divide in the future.
The ability to be able to divide in the future and sell separately will appeal to those that like a property that only has the one set of bills but can deliver greater liquidity should selling one side or the other ever be a tempting option.

Rarely so such properties come to market as they are very tightly held as they do make fantastic investment properties. Maybe not one for the uninitiated but those building a portfolio and seeking a 'set and forget' investment will love the way the figures add up on this one.
2 long term tenants one for over 2 years and another for over 7 years are happy to remain and the tenants report that they love the proximity of services, shops, public transport and of course there are both public and private schools all merely minutes away.
Better than buying 2 old semis as these are vastly more modern properties with so much less long term maintenance issues and of course these are set on smaller, easier to maintain allotments with established gardens.
These homettes also appeal to different types of tenant. Rather than what you may expect of those 'ex-trust' semi's these attract solid, long term tenants without dogs and pets and without big families and lots of kids that tend to wear out your property.
When wanting more from you investment it is hard to go past this unique and rare offering that is already generating excellent returns and is ready to make you $$$$$ from day 1!!!

Property History for 1-2/38 Traverse Ave, Salisbury North, SA 5108

A timeline of how this property has performed in the market
Last Sold
$385,000
26 Mar 2014
  • 26 Mar 2014
    Sold for $385,000
  • 19 Nov 2013
    Listed for Sale $389,000 TO $409,000
  • 11 Jan 2008
    Sold for $140,000
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About Salisbury North 5108

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 2016 was 9891 people. By 2021 the population was 10683 showing a population growth of 8.0% 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 2021, 57.60% of the homes in Salisbury North were owner-occupied compared with 57.60% in 2016.

Salisbury North has 4,586 properties. Over the last 5 years, Houses in Salisbury North have seen a 149.16% increase in median value, while Units have seen a 126.23% increase. As at 30 November 2025:

  • The median value for Houses in Salisbury North is $655,376 while the median value for Units is $537,351.
  • Houses have a median rent of $545 while Units have a median rent of $475.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Salisbury north on OnTheHouse. According to Cotality's data, 228 properties were sold in the past 12 months in Salisbury north.

Suburb Insights for Salisbury North 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.