With a capital gain of 19.58% for the last 12 months, Sapphire Beach, 2450 has performed for property investments than its average annual 4.82% property growth over the last 5 years.
Over the longer term, Sapphire Beach has seen property prices show investors a 21.07% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Sapphire Beach is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 457th in terms of most discounted suburbs in NSW
Residents and property investors in Sapphire Beach have been waiting around 93.3 days to sell a property.
Renters in Suburb are facing rents around $5940 per annum or $495 every week.
Sapphire Beach, 2450 ranked 82th in NSW when comparing growth in median property values or capital gain over the last 12 months. Sapphire Beach is one of 3163 in our list for NSW
A 3.04% growth in median value for property investors in Sapphire Beach,2450 puts this suburb at number 560th in terms of best performing suburbs in NSW
Property investors should expect to get $360 weekly from the median priced house in this suburb.
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