Suburb Profile Report for Sawtell NSW (2452)

Sawtell House: Median price $725,000, Annual capital growth 5.98%, Number of sales 41, Weekly median advertised rent $450

Sawtell Unit: Median price $429,250, Annual capital growth 4.02%, Number of sales 32, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Over the last year, property investments in Sawtell, 2452 have given investors a capital gain of 7.25%. This compares very favourably with the 0.15% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Sawtell comes in at number 107th in NSW.

Vendor discounting in Sawtell is giving property investors an average Vendor Discount of around -6.90%. This puts suburb at number 339th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

Sawtell is in the bottom 10% in NSW when comparing median price capital growth over the last year. Sawtell gave property investors a dismal capital gain figure when compared to the rest of the state, with -20.51%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sawtell has increased when compared to the 5 year average annual rate.

Property buyers and investors in Sawtell 2452 should be seeing an average reduction in asking price of around -5.39% . This means that Sawtell is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Sawtell the average time real estate has been on the market is 67.4348 days.

With the median price for a house in Sawtell being $429250 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 3.88%

Information supplied by:




M
O

W
E

Sawtell, NSW – Ideal for adventurers

Postcode: 2452

Median unit price: $500,000

Three-year growth: 46%

Rental yield: 4%

A picturesque destination located on the beautiful Coffs Coast of NSW, the suburb of Sawtell aims to please both nature lovers and watersports enthusiasts.

Bongil National Park is a koala paradise where visitors can get up close and personal with the Australia icon, and whale watching is a popular activity, along with kayaking along Bonville Creek and surfing at Sawtell Beach. The fresh produce in the area is highlighted every year in July during the famous Sawtell Chilli Festival, which also has rides set up for a fun family day.

Metrics i HOUSE UNIT
$725,000 $429,250
5.07% -1.32%
7.25% -20.51%
5.98% 4.02%
$450 $320
41 32
3.23% 3.88%
107.521739130435 67.4347826086957

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Sawtell NSW
Demographics
Total population 3490
Median household income ($/weekly) 838
Median age of persons 46
Median housing loan repayment ($/monthly) 1647
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 407 11.7
    35-44 years 411 11.8
    45-54 years 520 14.9
    55-64 years 527 15.1
    65-74 years 401 11.5
    Others 1224 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 1279 48.7
    Not Married 1145 43.6
    Defacto Relationship 200 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3017 90.0
    Papua New Guinea 34 1.0
    Philippines 13 0.4
    United Kingdom 154 4.6
    Other 34 1.0
    Others 101 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 2363 73.5
    No Religion 788 24.5
    Buddhism 41 1.3
    Other Religious Groups 17 0.5
    Islam 4 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 152 11.4
    $400-$599 223 16.7
    $600-$799 176 13.2
    $800-$999 116 8.7
    $1,500-$1,999 141 10.6
    Others 526 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1199 43.3
    Employed, worked full-time 766 27.7
    Employed, worked part-time 570 20.6
    Unemployed, looking for work 122 4.4
    Employed, away from work 111 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 152 10.5
    Professionals 308 21.2
    Technicians & trades workers 201 13.8
    Community & personal service workers 215 14.8
    Clerical & administrative workers 205 14.1
    Others 371 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 59 7.7
    Infants/Primary 263 34.2
    Secondary 226 29.4
    Technical or Further Educational Institution 106 13.8
    University or other Tertiary Institutions 91 11.8
    Others 24 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2538 77.1
    Semi-detached, row or terrace house, townhouse 352 10.7
    Flat, unit or apartment 340 10.3
    Caravan, cabin, houseboat 50 1.5
    House or flat attached to a shop, office 13 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 565 39.6
    Rented 525 36.8
    Being purchased 326 22.8
    Other tenure type 11 0.8
    Tenure Type
Census 2011, ABS
Chart Table