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%.