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Enfield Suburb Insights
VICLocation Information
Suburb Name
Enfield, VIC
Distance from CBD
21.3 kmDemographics
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