Investment property in Enfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.07%
Across a shorter period, Enfield, 2136 has seen a median price increase of -2.91% over the last quarter.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Advertised rents are around the $600 mark per week – giving a return of 2.20% based on the median price in Suburb
At number 576th in the list of Australian suburbs ordered by increase in median house value over the last year, Enfield, 2136 is in the top 40% with a property value increase of 7.91% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Enfield,2136 has racked up an average of 7.91% over the period. This ranks it number 382th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Enfield itself are offering an average vendor discount of -3.46% to real estate investors.
Situated 9.08km from the CBD, Enfield is one of Burwood localities in the postcode 2136.