AREA REPORTS

Coffs Harbour

Suburb Profile

Coffs Harbour - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2450

house
unit

Property investors enjoyed capital gains of 4.3% over the last 12 months in COFFS HARBOUR, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 3.31% growth over a ten-year period. It ranks 2241st on our list of suburbs that property investors should look into.

COFFS HARBOUR, 2450 has a capital gain of 4.3% for the past year, which is lower than average compared to its 31.08% growth within a five-year period.

With the median home price in COFFS HARBOUR sitting at $485,000, and the average rent at $430, property owners could potentially earn a 4.61% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in COFFS HARBOUR are low, as opposed to average gains per annum over the past five years.

COFFS HARBOUR, 2450 in NSW belongs to the local government area of Coffs Harbour.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $485,000 $345,000
GROWTH REPORT
Median Quarterly 1.04% -1.43%
Median 12 month 4.3% 1.62%
Median 3 years 19.75% 32.69%
Median 5 years 31.08% 27.19%
10 years average annual 3.31% 3.87%
Weekly media advert. rent $430 $340
Time on Market 86.8 days 72.6 days
Gross Rental Yield Percent 4.61% 5.12%
demographics (median values)
Total Population
22732
Weekly Household Income
647.3
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

BLOG: Make sure your property manager isn’t taking you for a ride

We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...

Gavel

Property spruiker hit with record $18 million fine

The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...

Dog

Laws are changing – How do you pet-proof your property?

Laws and regulations are making it easier for tenants to keep pets in your investment property. Here are five ways you can pet-proof and pro...

Property house model

How to find good investment suburbs in softening markets

Despite the softening of major property markets, particularly Sydney and Melbourne, experts believe that investment opportunities remain for...

Apartment building

Changes in apartment markets continue throughout September

Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...

Southwest Sydney

South-West Sydney's top-performing suburbs revealed

Sydney's South-West is the beneficiary of major government spend and redevelopment, and some of its suburbs have seen double-digit growth in...