Sapphire Beach has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.31% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sapphire Beach has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Sapphire Beach is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1022th in terms of most discounted suburbs in NSW
Residents and property investors in Sapphire Beach have been waiting around 127.1 days to sell a property.
Sapphire Beach, 2450’s gross rental yield is 4.36%
At number 756th in the list of Australian suburbs ordered by increase in median house value over the last year, Sapphire Beach, 2450 is in the top half with a property value increase of 4.04% recorded in median house prices.
Sapphire Beach2450 is located in NSW which offers an average discount of -4.41% to property investors. Sapphire Beach itself is showing figures that indicate -4.50% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Sapphire Beach, 2450’s gross rental yield is 8.51%
Situated less than 10 minutes’ drive from the shopping, dining and commerce centre of Coffs Harbour on the NSW coast, Sapphire Beach is a popular location with families, retirees and those seeking a desirable coastal lifestyle.Full summary
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With a name like Sapphire Beach, you’d be expecting a glittering ocean view – and the good news is, you won’t be disappointed. Many apartments in this hilly suburb, which is typified by tall trees and lush green growth, offer stunning ocean views.
Situated less than 10 minutes’ drive from the shopping, dining and commerce centre of Coffs Harbour on the NSW coast, Sapphire Beach is a popular location with families, retirees and those seeking a desirable coastal lifestyle. Between 2011 and 2036, ABS figures show that the population for Coffs Harbour overall is forecast to increase by almost 24,000 (33.38% growth) so demand is likely to remain strong.Close