Giving property investors a an unimpressive capital gain of 3.42% for the last year, Enfield, 5085 is the 2530th highest performer in Australia in this respect.
Enfield,5085 was ranked 1727 in Australia by increase in median property value over the quarter.
Property buyers and investors in Enfield 5085 should be seeing an average reduction in asking price of around -6.08% . This means that Enfield is holding prices well when compared to other suburbs in SA.
On average over the past year, suburb has had 7.75 sales per month, which equates to 93 per year.
Enfield is 174th on a list of best yielding suburbs for rents in SA with a 4.39% return
If you compare the increase in value of investment property in Enfield, 5085 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 44.00%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Enfield has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Enfield is offering property investors an average of -6.40. This rate of discount on properties puts Suburb at number 110th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.