SAPPHIRE BEACH ranks 1396th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -0.42% for the past year is lower than average compared to its 36.13% growth within a five-year period.
Also in SAPPHIRE BEACH, the median home price is sitting at $1,177,500, and the average rent at $780, this suggests property owners could potentially earn a 3.44% increase in gross rental yield.
Property investors have seen a -0.21% drop in SAPPHIRE BEACH based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.58% growth over a ten-year period. It ranks 1559th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in SAPPHIRE BEACH, 2450 translates to a -4.57% capital gain.
SAPPHIRE BEACH, 2450 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $417,500.
Augmented property values in SAPPHIRE BEACH are trailing behind the NSW average of 5.55% for the past year.
Real estate investors could earn a rental income of $560 based on current median home prices for the suburb.
Home owners selling their properties and realtors in SAPPHIRE BEACH usually have to wait an average of N/A days before their assets are lifted off the market.
SAPPHIRE BEACH ranks 2nd on the list of best yielding suburbs for rental properties in NSW, posting a 6.97% return.
SAPPHIRE BEACH, 2450 places 261st in Australia based on median property value growth during the quarter.