At number 2827th in the list of Australian suburbs ordered by increase in median house value over the last year, Enfield, 5085 is in the BOTTOM 40% with a property value increase of 1.55% recorded in median house prices.
Over the longer term, Enfield has seen property prices show investors a 12.99% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Enfield is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 191th in terms of most discounted suburbs in SA
At number 2095 in a list of fastest selling suburbs, Enfield is just in the bottom half of suburbs in Australia with an average of days on market 83.98 for properties listed there.
At number 3rd in the list of Australian suburbs ordered by increase in median house value over the last year, Enfield, 5085 is in the top 10% with a property value increase of 47.28% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Enfield comes in at number 79th in SA.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Enfield itself are offering an average vendor discount of -5.96% to real estate investors.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Enfield is 164th on a list of best yielding suburbs for rents in SA with a 3.84% return