Suburb Profile Salisbury

 

Local Government Authority Brisbane
Location 9km south of the Brisbane CBD
Features Close to Toohey Forest Park, Griffith University, Brisbane Golf Course, Rocklea Markets, QEII Hospital and ANZ Stadium; good access to major arterial roads and Salisbury rail station
Commentary Salisbury is nine kilometres south of the Brisbane CBD and is an older suburb developed mainly in the 1950s and 60s.

Approximately half of the land in the suburb is allocated residential, and the other half is commercial/industrial. There is very little vacant land left and it is expected that as land prices and demand rise, there will be a reallocation of existing commercial/industrial sites to the development of residential buildings.

Suburbs such as Salisbury in Brisbane's south, which is close to the CBD, public transport and other infrastructure, are ripe for an insurgence of residential property. As city prices rise, often relative to a suburb's proximity to the CBD, it becomes uneconomical for many industrial and commercial outfits to locate in these prime real estate areas.

As has happened so frequently in Sydney and Melbourne over the last decade, the REIQ expects to see in Brisbane a trend of decentralisation of existing light industrial areas to large vacant land sites in the outer areas of the city.

The suburb contains a diverse array of housing styles ranging from two-bedroom workers cottages through to the larger family homes. There are a few homes of the newer low and high set brick variety. Another winning aspect of Salisbury is the old-style housing mix: Brisbanites love renovating and these types of dwellings make perfect renovation projects.

Some parts of Salisbury are quite leafy with many homes located beside Toohey Forest Park neighbouring the Griffith University Nathan Campus.

Salisbury has seen good growth in median house prices in recent years, due to its location near the city and the opportunity its housing mix has presented to an ever-increasing section of the population who wish to renovate older style houses. It is expected that the price growth will continue in the future.

There are some community facilities located in the suburb including the St Pius 10th Primary School and the Southside Christian College, as well as Nyanda State High School. There are a number of parks including the Russ Hall Park, the Kookaburra Park and the Showground Trotting Track.

Source: REIQ