Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Property investors have seen a 0.76% gain in ENFIELD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ENFIELD, 2136 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,330,000
Profits averaged -2.97% per annum over a 3-year period, due to an downward trend in home prices in ENFIELD, 2136.
This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
The gross rental yield in ENFIELD, 2136 is 2.27%.
An average of 1.25 real estate transactions take place per month in ENFIELD which translates to 15 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,330,000 | $650,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.76% | 0.23% |
| Median 12 month | 3.91% | 0.78% |
| Median 3 years | -8.9% | -5.11% |
| Median 5 years | 12.71% | -4.3% |
| 10 years average annual | 6.37% | 4.99% |
| Weekly media advert. rent | $580 | $462.5 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.27% | 3.7% |
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