How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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Property investors have seen a -4.24% 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 $1,198,000
Profits averaged -6.53% 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 $610 based on current median home prices for the suburb.
The gross rental yield in ENFIELD, 2136 is 2.65%.
An average of 1 real estate transactions take place per month in ENFIELD which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,198,000 | $648,500 |
| GROWTH REPORT | ||
| Median Quarterly | -4.24% | 0.08% |
| Median 12 month | -17.92% | 2.13% |
| Median 3 years | -19.6% | 2.16% |
| Median 5 years | 23.38% | 4.6% |
| 10 years average annual | 5.53% | 6.39% |
| Weekly media advert. rent | $610 | $475 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.65% | 3.81% |
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