If you compare the increase in value of investment property in Sapphire Beach, 2450 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -0.95%.
Taking the average capital gain, or increase in median house value, Sapphire Beach,2450 has racked up an average of -0.95% over the period. This ranks it number 1824th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.67% to buyers in Sapphire Beach at the moment, which is less than average for the rest of NSW.
Property investors who have had real estate in Sapphire Beach, 2450 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.59%
Sapphire Beach,2450 has offered an average of 9.59% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Sapphire Beach 2450 should be seeing an average reduction in asking price of around -9.47% . This means that Sapphire Beach is holding prices well when compared to other suburbs in NSW.
In the last year 25 properties changed hands in Sapphire Beach, which puts it as the 397th most active market in NSW when comparing the number of sales per suburb.
Situated 442.54km from the CBD, Sapphire Beach is one of Coffs Harbour (C) localities in the postcode 2450.
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