If you compare the increase in value of investment property in Enoggera, 4051 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.94%.
The five-year average increase in median property values for Enoggera,4051 has given property investors a potential capital gain of 30.77% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Enoggera itself are offering an average vendor discount of -4.02% to real estate investors.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 6.42%, investors should hope to achieve an overall return of 3.67%
QLD has seen average median house prices change by 1.70% which means that Enoggera, 4051 has done well for property investors by showing a capital gain of 10.15% over the last year
While Enoggera,4051 ranked number 80th in QLD for increase in median house value (annualised) increase, it is ranked 104th over the last 5 years.
Property buyers and investors in Enoggera 4051 should be seeing an average reduction in asking price of around -5.10% . This means that Enoggera is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
Property investors should expect to get $405 weekly from the median priced house in this suburb.