Enfield is an affordable inner-northern suburb that has undergone significant gentrification driven by buyers priced out of Prospect and Nailsworth. Heritage stone homes on tidy blocks, improving café options along Prospect Road, and a convenient commute to the CBD provide strong fundamentals for first home buyers and investors. At the current $780k median house price, an 80% loan at 6.25% over 30 years is about $3,842 per month.
| Median house price | $780,000 |
|---|---|
| Median unit price | $480,000 |
| Estimated monthly repayment | $3,842 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.2% |
| Gross rental yield | 5.1% |
| Typical days on market | 23 |
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