SAPPHIRE BEACH ranks 1132nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 10.9% for the past year is higher than average compared to its 47.13% growth within a five-year period.
Also in SAPPHIRE BEACH, the median home price is sitting at $731,950, and the average rent at $480, this suggests property owners could potentially earn a 3.41% increase in gross rental yield.
Property investors have seen a -0.55% drop in SAPPHIRE BEACH based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on SAPPHIRE BEACH, 2450 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.9%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.95% growth over a ten-year period. It ranks 1927th on our list of suburbs that property investors should look into.
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 $301,000.
Augmented property values in SAPPHIRE BEACH are trailing above the NSW average of 4.18% for the past year.
Real estate investors could earn a rental income of $360 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 90.6 days days before their assets are lifted off the market.
SAPPHIRE BEACH ranks 27th on the list of best yielding suburbs for rental properties in NSW, posting a 6.22% return.
SAPPHIRE BEACH, 2450 places 114th in Australia based on median property value growth during the quarter.