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Enfield Suburb Insights

VIC
Location Information

Suburb Name

Enfield, VIC

Distance from CBD

21.3 km
Demographics

Population

2,833

Median Income

$33,280

Area Information

Area

0.73 km²

Population Density

3881 people/km²

Property Market

Median Price

$1,125,021

Annual Growth

+11.1%
Property Price Trend Analysis

Current Median Price

$1,125,021

Annual Growth

+11.1%

Quarterly Growth

+2.6%

Price Trends - Last 6 Months

2024-01

$637,349

+9.9%
2024-02

$1,003,824

+5%
2024-03

$393,858

+5.6%
2024-04

$795,268

+13.8%
2024-05

$795,217

+12.3%
2024-06

$1,194,903

+18.9%
Property Type Price Analysis
House

Median Price

$1,516,280

Growth Rate

+5.5%

Available Listings

187 properties

Apartment

Median Price

$663,042

Growth Rate

+11.7%

Available Listings

423 properties

Townhouse

Median Price

$957,959

Growth Rate

+12.9%

Available Listings

258 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy