With a capital gain of 1.93% for the last 12 months, Sapphire Beach, 2450 has performed for property investments than its average annual 3.70% property growth over the last 5 years.
Sapphire Beach,2450 has offered an average of 1.93% return per annum in house price rises to property investors over the last three years.
At number 405th 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.
Sapphire Beach, 2450’s gross rental yield is 3.91%
If you compare the increase in value of investment property in Sapphire Beach, 2450 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.55%.
Across a shorter period, Sapphire Beach, 2450 has seen a median price increase of 2.75% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sapphire Beach, 2450. Typically our figures indicate that -4.60% is being offered, which puts this NSW suburb at 879th most discounted overall in Australia.
The NSW suburb of Sapphire Beach, 2450 is in the Coffs Harbour (C) local government area.
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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.