Property value increases in Enfield have tracked just lower than the SA average of 3.04% over the last 12 months.
While Enfield,5085 ranked number 171th in SA for increase in median house value (annualised) increase, it is ranked 253th over the last 5 years.
Sellers are offering property buyers an average discount of -7.38% to buyers in Enfield at the moment, which is less than average for the rest of SA.
Enfield is in the TOP 10% in SA when comparing median price capital growth over the last year. Enfield gave property investors a very good capital gain figure when compared to the rest of the state, with 32.56%.
The five-year average increase in median property values for Enfield,5085 has given property investors a potential capital gain of 42.50% across each of those five years.
Our latest figures would indicate that property sellers in Enfield are currently offering property investors an average price cut of -6.27% below the asking price at the moment.
With the median price for a house in Enfield being $285000 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 5.02%