Sapphire Beach is an average performer in NSW when comparing median price capital growth over the last year. Sapphire Beach gave property investors a good capital gain figure when compared to the rest of the state, with 13.41%.
Sapphire Beach,2450 has offered an average of 13.41% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Sapphire Beach itself are offering an average vendor discount of -4.50% to real estate investors.
Using the current median advertised rental of $497.5 and the average annual increase in value of a median property of 3.53%, investors should hope to achieve an overall return of 3.78%
Comparing Sapphire Beach,2450 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Sapphire Beach is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 344th in terms of most discounted suburbs in NSW
Advertised rents are around the $390 mark per week – giving a return of 5.52% based on the median price in Suburb
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