Enfield has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.42% to date .
Enfield,2136 has offered an average of 15.42% return per annum in house price rises to property investors over the last three years.
Over the last year, property investments in Enfield, 2136 have given investors a capital gain of 2.79%. This compares averagely with the 6.07% for NSW as a whole.
If we look at median property appreciation over just the last three months, Enfield has given property investors a paper return of 2.24%. This puts Suburb as 229 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Enfield itself are offering an average vendor discount of -2.65% to real estate investors.
In the last year 17 properties changed hands in Enfield, which puts it as the 481th most active market in NSW when comparing the number of sales per suburb.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 4.01%, without taking into account capital value appreciation, which has been averaging out at 7.52%.