Enfield VIC 3352: Property Market Report & Real Estate Insights

Part of Golden Plains, VIC

Enfield Real Estate Market Outlook

Thinking about buying in Enfield? Now could not be a better time, with just 262 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $679,000 with prices in this suburb ranging from $142,000 to $1,186,000. The approximate distance to the coast is 56 Km.

Living in Enfield

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Enfield due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Enfield provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Enfield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Enfield, located within the Golden Plains Shire in Victoria, offers a unique blend of rural charm and accessibility that makes it an intriguing option for homebuyers and those looking to experience a quieter lifestyle. The housing market in Enfield is characterized by generally affordable properties, with a mix of established homes, larger blocks, and acreage that appeals to families and retirees seeking more space and tranquility compared to urban centers. This affordability, combined with the area's picturesque surroundings and natural beauty, including nearby forests and parklands, makes it an attractive destination for those looking to escape the hustle and bustle of city life. Despite its rural setting, Enfield maintains reasonable proximity to the regional city of Ballarat, providing residents with access to broader employment opportunities and amenities a short drive away.

Living in Enfield offers a peaceful lifestyle that’s enriched by its small community feel and the strong connection to nature. The local community is tight-knit, with residents often coming together for events and activities that highlight the area’s history and culture. Nature enthusiasts will find plenty to enjoy, from bushwalking in the nearby Enfield State Park to exploring the countryside. Although Enfield itself lacks extensive commercial infrastructure, the close proximity to Ballarat ensures that necessities, shopping, and entertainment options are readily available. The lifestyle here is particularly appealing to those who value outdoor activities and a slower pace of living, making it ideal for families, retirees, or anyone seeking a break from the urban grind.

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