Sandy Beach is an average performer in NSW when comparing median price capital growth over the last year. Sandy Beach gave property investors a good capital gain figure when compared to the rest of the state, with 12.73%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sandy Beach has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.08% to buyers in Sandy Beach at the moment, which is less than average for the rest of NSW.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 5.42%.