Sandy Beach is a smaller suburb in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 2,913, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $81K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Sandy Beach is $855,000, having declined 4.4% over the past year. Units have a median price of $1.3 million (+77.6% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,810.
Sandy Beach is served by 1 school, including 1 primary. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Sandy Beach offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($855K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -4.4% year-on-year.
Sandy Beach is a smaller suburb in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 2,913, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $81K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Sandy Beach is $855,000, having declined 4.4% over the past year. Units have a median price of $1.3 million (+77.6% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,810.
Sandy Beach is served by 1 school, including 1 primary. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Sandy Beach offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($855K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -4.4% year-on-year.