Central Coast Property News

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-terrigal-michael-daniels/ Author: Michael Daniels This data provides a deeper insight into the Terrigal strata market. I had previously written about Terrigal's 2-bedroom and 3-bedroom units, which proved very popular, so I decided to delve a little deeper with this post. All of this information is designed to help you make better "Buy & Sell" decisions with information you can't find online. Comparison and Key Observations Our table highlights a stark contrast in market activity between 3-bedroom and 2-bedroom strata properties in  Terrigal . Sales Volume:  3-bedroom units and townhouses dominate the market, with 54 sales over the last 12 months, compared to only 23 for 2-bedroom properties. This trend is also evident in the last quarter and last month's data, with 3-bedroom properties consistently outselling their smaller counterparts. This suggests a higher demand for family-f...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-central-coast-michael-daniels/ Based on the data, the   Central Coast   property market shows a clear contrast in performance between houses and units.   Houses have significantly outperformed units , particularly over the last 12 months. Houses The house market has demonstrated strong growth, with the median asking price reaching   $1,396,949   as of the week ending August 26, 2025. This represents a remarkable   20.1% increase over the last 12 months . The long-term trend is also robust, with increases of   8.6%   over three years,   9.4%   over seven years, and   8.5%   over ten years. Even in the short term, houses are seeing positive momentum, with a   1.4% increase   in the last month and a   7.1% increase   in the last quarter. Units In contrast, the units market has faced recent challenges. The median asking price for a...

 https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-in-toukley-michael-daniels/ Toukley & Noraville: A Tale of Two Markets The  Central Coast  is home to diverse property markets , as seen in the contrasting metrics for  Toukley  and  Noraville .  Toukley  presents a stable market with steady growth at  3.00% , supported by consistent buyer interest and a healthy rental sector . In contrast,  Noraville 's market saw a slight price contraction of  -2.60%  over the past year. However, this suburb is generating significantly higher buyer interest, evidenced by a higher ratio of interested buyers per available house, suggesting an underlying strength that could lead to future growth. Budgewoi & Buff Point: Performance & High Demand Budgewoi  is a standout performer with a strong  6.00%  price growth and a healthy rental yield of  4.10% . Meanwhile,  Buff Point ...

  Mortgage Choice in Gorokan Gorokan vs. Kanwal While both suburbs exhibit strong buyer demand and low days on market, Kanwal's property metrics suggest a more competitive market. Its median price growth of 7.60% significantly outpaces Gorokan's 4.70%, suggesting it's experiencing a more rapid capital appreciation phase. The extreme buyer interest in Kanwal (66.55 buyers per house) reflects this, making it a highly competitive market for those looking to buy. Gorokan, while still hot, offers a slightly more accessible entry point with a lower median price and strong, consistent performance. Woongarrah vs. Hamlyn Terrace Woongarrah and Hamlyn Terrace represent the higher end of the market in this comparison, both with median prices over $900,000. Woongarrah has a higher median price and a significant majority of owner-occupied dwellings (78%), indicating it's a popular choice for families and long-term residents. Hamlyn Terrace, on the other hand, shows a much higher lev...

Although Wamberal has suffered a 6.10% decline in its median house price over the last 12 months, I thought a bit of perspective was needed for this hotly sought-after Central Coast jewel. We cut the growth numbers between July 2020 and July 2025, and the median house price grew from $1,000,000 to $1,550,000. A growth rate of 55% over 5 years. Sure, there was quite a lot of inflation during that time, but that would put Wamberal's July 2020 $1,000,000 at $1,212,400 according to the RBA's inflation calculator. So we have had REAL, after-inflation, growth of $337,600 in 5 years. So, where to next for Wamberal? The indicators are mixed. The median days on market is relatively lengthy at 66 days, indicating a buyer's market, however, there were 2,342 "seriously interested buyers" searching for Wamberal houses on realestate.com.au last month. This is an above-average result for Wamberal.  If you would like to talk with us about your Wamberal property and mortgage plans...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-terrigal-michael-daniels/ We have prepared a table showing the disclosed house sales in Terrigal for the last 3 months. There were 44 sales according to the results reported by Cotality (Formerly RP Data). We have excluded the sales with undisclosed sales amounts. Although there is a wide range of agents represented, McGrath Terrigal has a large share of the top 50% of the sale amounts, and LJ Hooker Terrigal dominates the lower half of the sale amounts. We have added a column showing the $ amounts per square meter of land. This can serve as a helpful comparison to gauge the effectiveness of the sales agent's results.

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-erina-michael-daniels/ Understanding Erina's Local Property Growth Erina ranked 5th out of 47 Central Coast suburbs for median house price growth over the last 12 months. Erina's median house price growth reached $115,000 between July 24 and July 25, almost three times the Central Coast average of $41,723. Erina's Nearby Suburb Performance Surprisingly, Erina's nearby beachside neighbours of Forresters Beach, Wamberal and Terrigal ranked 47th, 46th and 39th respectively. The nearby Western Neighbours, East Gosford, and Springfield also performed well, finishing 4th and 13th. Erina Mortgage Broker Analysis: Affordability Trends My anecdotal theory for this East/West difference is that affordability pressure has hurt the more expensive suburbs under higher interest rates. That theory struggles a little when you see that Avoca Beach ranked 2nd, but Avoca Beach has always been a favourite of S...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-kariong-michael-daniels/ I've written about the Kariong and Berowra comparison before. They are both what I describe as Sydney commuter suburbs. Both have strong communities and are relatively affordable free-standing house options for people who work in Sydney. Both also have a very high percentage of houses (around 91%) compared to strata properties. I question the significant price difference, given that the freeway drive time is approximately only 22 minutes between the two. The table below illustrates a wide range of property data points that help you to make a more informed decision.  Kariong Affordability for Buyers The median house price in Kariong is $1,018,250, significantly lower than Berowra's $1,650,000—a difference of over $631,000. This lower entry point is ideal for first-time buyers or those with limited budgets. Additionally, Kariong’s median price growth over the past 12 months ...

  Author: Michael Daniels   https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-tumbi-umbi-michael-daniels/ Tumbi Umbi has secured the top spot for median house price growth over the past six months among the 47 largest suburbs on the Central Coast, according to data from realestate.com.au. This ranking highlights Tumbi Umbi as a key area for property investment and mortgage opportunities.   Median House Prices in Tumbi Umbi In Tumbi Umbi, the median house price for 3-bedroom homes reached $830,000, while 4-bedroom homes commanded a significantly higher median of $1,150,000. This $320,000 gap underscores the value of additional space, making it an attractive consideration for homeowners and investors working with a mortgage broker in Tumbi Umbi. Sustained High Prices in Recent Months With approximately 62 house sales annually (around 5 per month), Tumbi Umbi’s data may reflect some influence from high-end sales. However, the last three months...