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Property investors have seen a -7.31% drop in ENFIELD based on a decrease 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 $1,300,000
Profits averaged -2.74% 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 $635 based on current median home prices for the suburb.
The gross rental yield in ENFIELD, 2136 is 2.54%.
An average of 1.75 real estate transactions take place per month in ENFIELD which translates to 21 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,300,000 | $646,500 |
| GROWTH REPORT | ||
| Median Quarterly | -7.31% | 0.23% |
| Median 12 month | -17.07% | -4.93% |
| Median 3 years | -8.22% | 5.29% |
| Median 5 years | 32.52% | 24.09% |
| 10 years average annual | 8.46% | 6.45% |
| Weekly media advert. rent | $635 | $512.5 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.54% | 4.12% |
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