At number 2888th 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 -0.13% recorded in median house prices.
Over the longer term, Enfield has seen property prices show investors a 10.50% return over the last 3 years. This is worse than over the last 12 months
Enfield5085 is located in SA which offers an average discount of -6.54% to property investors. Enfield itself is showing figures that indicate -7.48% is the average achievable by property buyers investing in the suburb.
In the last year 81 properties changed hands in Enfield, which puts it as the 89th most active market in SA when comparing the number of sales per suburb.
Enfield, 5085 ranked 33th in SA when comparing growth in median property values or capital gain over the last 12 months. Enfield is one of 853 in our list for SA
The five-year average increase in median property values for Enfield,5085 has given property investors a potential capital gain of 10.65% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Enfield is offering property investors an average of -6.11. This rate of discount on properties puts Suburb at number 84th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.
Using the current median advertised rental of $265 and the average annual increase in value of a median property of 2.79%, investors should hope to achieve an overall return of 5.36%