Suburb Profile Report for Sapphire Beach NSW (2450)

Sapphire Beach House: Median price $610,000, Annual capital growth 2.28%, Number of sales 45, Weekly median advertised rent $498

Sapphire Beach Unit: Median price $236,250, Annual capital growth 4.58%, Number of sales 25, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Sapphire Beach, 2450 has done well for property investors by showing a capital gain of -0.33% over the last year

Taking the average capital gain, or increase in median house value, Sapphire Beach,2450 has racked up an average of -0.33% over the period. This ranks it number 980th in the whole country for real estate investors looking at median house price increases.

Sapphire Beach, 2450 is offering NSW ‘s 734th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Sapphire Beach is in the bottom 30% in NSW when comparing median price capital growth over the last year. Sapphire Beach gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.53%.

The five-year average increase in median property values for Sapphire Beach,2450 has given property investors a potential capital gain of -2.58% across each of those five years.

Property buyers and investors in Sapphire Beach 2450 should be seeing an average reduction in asking price of around -4.91% . This means that Sapphire Beach is holding prices well when compared to other suburbs in NSW.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 8.80%, without taking into account capital value appreciation, which has been averaging out at 4.58%.

HOUSE UNIT
$610,000 $236,250
0.99% -0.21%
-0.33% 0.53%
2.28% 4.58%
$498 $400
45 25
4.24% 8.80%
142.86 125

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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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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