Suburb Profile Report for Sapphire Beach NSW (2450)

Sapphire Beach House: Median price $703,900, Annual capital growth 3.79%, Number of sales 47, Weekly median advertised rent $495

Sapphire Beach Unit: Median price $370,000, Annual capital growth 10.89%, Number of sales 28, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a a solid capital gain of 15.96% for the last year, Sapphire Beach, 2450 is the 782th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Sapphire Beach comes in at number 1031th in NSW.

At number 662th of NSW’s most discounted properties, Sapphire Beach is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Sapphire Beach the average time real estate has been on the market is 135.11 days.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

While Sapphire Beach,2450 ranked number 277th in NSW for increase in median house value (annualised) increase, it is ranked 403th over the last 5 years.

Property buyers and investors in Sapphire Beach 2450 should be seeing an average reduction in asking price of around -3.64% . This means that Sapphire Beach is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Sapphire Beach the average time real estate has been on the market is 64.9 days.

Sapphire Beach is 55th on a list of best yielding suburbs for rents in NSW with a 5.48% return

Information supplied by:


February 2017

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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

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
Metrics i HOUSE UNIT
$703,900 $370,000
3.14% 1.51%
15.96% N/A
3.79% 10.89%
$495 $390
47 28
3.66% 5.48%
135.11 64.9

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Sapphire Beach NSW
Demographics
Total population 1764
Median household income ($/weekly) 1257
Median age of persons 42
Median housing loan repayment ($/monthly) 1603
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 226 12.8
    25-34 years 151 8.6
    35-44 years 244 13.8
    45-54 years 279 15.8
    55-64 years 296 16.8
    Others 568 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 716 57.4
    Not Married 415 33.3
    Defacto Relationship 116 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1359 82.9
    Papua New Guinea 32 2.0
    South Africa 17 1.0
    United Kingdom 90 5.5
    Other 39 2.4
    Others 103 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.4
    Christianity 1118 70.1
    Hinduism 7 0.4
    Other Religious Groups 17 1.1
    No Religion 442 27.7
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 60 10.3
    $800-$999 53 9.1
    $1,000-$1,249 61 10.5
    $1,250-$1,499 57 9.8
    $1,500-$1,999 63 10.9
    Others 286 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 492 36.6
    Employed, worked full-time 475 35.3
    Employed, worked part-time 302 22.5
    Unemployed, looking for work 40 3.0
    Employed, away from work 36 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 15.6
    Professionals 208 25.4
    Technicians & trades workers 84 10.3
    Clerical & administrative workers 128 15.6
    Sales 98 12.0
    Others 172 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 34 8.3
    Infants/Primary 131 31.9
    Secondary 141 34.3
    Technical or Further Educational Institution 45 10.9
    University or other Tertiary Institutions 51 12.4
    Others 9 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1373 86.0
    Flat, unit or apartment 125 7.8
    Semi-detached, row or terrace house, townhouse 52 3.3
    Caravan, cabin, houseboat 41 2.6
    House or flat attached to a shop, office 6 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 260 41.5
    Being purchased 192 30.6
    Rented 168 26.8
    Other tenure type 7 1.1
    Tenure Type
Census 2011, ABS
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