OFF MARKET

2/50 Diamond Head Drive
Sandy Beach NSW 2456

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
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Last updated 11 Nov 2024
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Property Details for 2/50 Diamond Head Dr, Sandy Beach

2/50 Diamond Head Dr, Sandy Beach is a 4 bedroom, 3 bathroom House with 4 parking spaces.

Building Type
House
Local Government
Coffs Harbour

Last Listing description (August 2014)

Unique Investment Opportunity
This is one out of the box! 2 x 2 Bedroom units on 1 title offering a fantastic rental return. Both units are of good size & offer a similar floor plan with the upstairs unit having ducted air conditioning and an extra living room/office area. Both units have 2 generous size bedrooms full bathroom and laundry, spacious kitchen/ dining, good size lounge area and balconies. The downstairs unit is also air conditioned. They are individually metered for power and water. There is plenty of car parking with a tandem carport and a large double garage with a shower and toilet. At present the downstairs unit is tenanted and the upstairs unit is owner occupied. With an estimated combined rental return of approx $540 per week this property stacks up as an ideal investment

Property History for 2/50 Diamond Head Dr, Sandy Beach, NSW 2456

A timeline of how this property has performed in the market
  • 22 Aug 2014
    Listed for Sale $370,000
  • 23 Dec 2013
    Listed for Sale $385,000

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About Sandy Beach 2456

The size of Sandy Beach is approximately 13.5 square kilometres. It has 4 parks covering nearly 8.3% of total area. The population of Sandy Beach in 2011 was 2,125 people. By 2016 the population was 2,270 showing a population growth of 6.8% in the area during that time. The predominant age group in Sandy Beach is 50-59 years. Households in Sandy Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandy Beach work in a professional occupation. In 2011, 68.7% of the homes in Sandy Beach were owner-occupied compared with 70.2% in 2016.

Sandy Beach has 1,317 properties. Over the last 5 years, Houses in Sandy Beach have seen a 69.15% increase in median value, while Units have seen a 86.78% increase. As at 31 October 2024:

  • The median value for Houses in Sandy Beach is $776,679 while the median value for Units is $679,849.
  • Houses have a median rent of $650 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Sandy beach on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Sandy beach.

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