9 March Street, Salisbury SA 5108
9 March Street, Salisbury SA 5108
3 bed, 1 bath, 1 car | Classic 1960s–70s Salisbury house | Entry-level detached stock | Older finishes likely | Strong first-home buyer demand
This property sits in the heart of Salisbury’s established residential market, where older detached homes on modest allotments remain the backbone of local supply. A 3/1/1 configuration is the most sought-after entry point for first-home buyers and investors seeking low-maintenance rental stock, and this house fits that profile cleanly. The suburb’s character is defined by mature streets, proximity to schools, shopping, and public transport, which keeps demand steady across buyer types. For someone looking to enter the market or build a rental portfolio, this is a practical, functional layout that will not struggle to attract interest. Its competitive edge is simplicity — a straightforward floor plan on a manageable block, which appeals to those prioritising affordability and location over premium finishes.
The value picture may hinge on the condition of the original structure and whether any updates have been made to the kitchen, bathroom, or flooring. Older-era construction in this area often means solid bones but dated presentation, so the final price could vary meaningfully depending on how much modernisation has occurred. The land size and street position might also influence buyer perception, as corner blocks or wider frontages tend to command a slight premium. Buyers should weigh the cost of potential renovations against the purchase price, as the gap between tired and refreshed homes in this suburb can be significant. Rental demand appears healthy, which may support a yield-focused buyer’s decision.
|| Comparable Sales: 9 Winzor Street sold $675,000 (3/2/1, 1962 build); 19 Halbury Road comparable 3-bed older stock | Property Price Band: $600,000–$700,000 | Value Drivers: condition, land size, renovation potential, street appeal
Detailed Independent Property Report prepared by PropCred Analyst team for 9 March Street, Salisbury SA 5108
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Salisbury is a suburban market where owner-occupiers drive demand. House prices have grown 14.29% annually to a $720,000 median, with another source at $774,649; units outperformed, rising 35.42% to $487,500–$510,000. Solid turnover supports the market: 97 houses and 67 units sold in 12 months. Inventory is tight—19 properties for sale, 12 for rent—and houses sell in a median 37 days. Weekly rents are $550 for houses and $430 for units, yielding 4.42% and 5.44% respectively. Accessibility improves via Salisbury Highway infrastructure. The main constraint is rate sensitivity, as mortgage repayments are moderate and could strain budgets if borrowing costs rise.
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PropCred Estimated Value
Comparable Sales: 9 Winzor Street sold $675,000 (3/2/1, 1962 build); 19 Halbury Road comparable 3-bed older stock | Property Price Band: $600,000–$700,000 | Value Drivers: condition, land size, renovation potential, street appeal
Bedrooms
3
Bathroom
2
Parking
1
Land
294m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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