Central Coast Property News

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-terrigal/  Author: Michael Daniels The Central Coast property market continues to perform strongly, with exceptional median house price growth over the past five years. While Terrigal's median house price increased by a significant $664,000 over the last 5 years, Copacabana slightly edged out Terrigal in the growth ranking. The data confirms that oceanfront locations consistently dominate the top 10 performing Central Coast suburbs across both 5- and 10-year periods. Local Buyer Trends and the Terrigal Market Our team has recently observed a notable increase in local buyers, particularly those from the Central Coast, setting up loan pre-approvals for properties in  Terrigal , Avoca, and Wamberal. This marks a shift from the 2020-2022 period, when Sydney-based buyers were the dominant force. Today, the Sydney buyers we assist are primarily focused on more commuter-friendly suburbs, including Gosford,...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-central-coast-michael-daniels/ The Central Coast property market continues to present a wide range of opportunities for property investors, as highlighted by the October 2025 rental data. Suburbs are performing strongly across the board, catering to a range of investment strategies. 📈 High-Yield Suburbs for Cash Flow Investors focused on achieving excellent cash flow can look towards areas offering yields up to 4.40%, such as Watanobbi, Mannering Park, and Wyoming. These locations provide reliable weekly rents, ensuring your investment works hard from day one. 🏡 Premium Areas and Capital Growth Conversely, premium lifestyle suburbs like Avoca Beach and Copacabana maintain strong weekly rents exceeding $780. While their yields are naturally lower due to high buyer demand, these areas often appeal to investors prioritising long-term capital growth in highly sought-after locations. 📞 Next Step: Secure...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-in-gosford-michael-daniels/ Author: Michael Daniels Gosford's unit market shows clear differences between 2-bedroom and 3-bedroom properties, with implications for both investors and owner-occupiers. Here's a thorough comparison based on our latest suburb profile. From an Investor's Perspective Rental Yield : 2-bedroom units deliver higher gross yields at 5.1% compared to 4.9% for 3-bedders, thanks to stronger weekly rent growth (2.9% vs 1.7% over 12 months) and lower purchase prices. Liquidity & Demand : Significantly more buyer interest for 2-beds (1,355 interested buyers on realestate.com.au vs 960 for 3-beds) and higher inquiry per listing (28.8 vs 38.4 for 3-beds, but total volume favours 2-beds). Properties rent faster (13 days vs 14 days). Stock Availability : Almost 4x more 2-bedroom stock (2,047 vs 576 total dwellings), providing better selection and potentially easier entry/exit. Ca...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-wamberal-michael-daniels/ We have prepared a table showing the disclosed house sales in Wamberal for the last 3 months. There were 23 sales according to the results reported by Cotality (Formerly RP Data). Three of these sales results were undisclosed; however, these results will be available in a few months once the title transfer is registered with the Office of State Revenue. Although there is a wide range of agents represented, McGrath Terrigal has 4 of the top 6 sales by $ per square meter. Empire Property Co comes in as the most successful agency, accounting for eight of the twenty-three sales. LJ Hooker comes in third place with three sales. We have added a column showing the $ amounts per square meter of land. This can serve as a helpful comparison to gauge the sales agent's effectiveness. If you would like to discuss your property plans and ideas, please give us a call at Mortgage Choice...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-in-toukley-michael-daniels/ Author: Michael Daniels With a population of around 4,557, this lakeside and near-beach gem is steadily growing. We have broken down the key features for potential owner-occupiers and investors. Key Sales Market Highlights Stable Pricing with Growth : Median house price sits at $862,500, up 4.9% over the past year—solid appreciation in a suburb of 1,803 homes. Owner-Occupied Haven : 59% of houses are owner-occupied, signalling strong community roots and long-term value. Tight Supply Boosts Demand : Only 22 houses were available last month amid 1,446 interested buyers; just 80 sold in the previous year, with a quick 42 days on market. Trend Watch : The five-year median price chart shows a consistent upward trajectory, from $600k in 2020 to today's levels. Rental Market Snapshot Attractive Yields : Gross rental yield at 3.5%, with median weekly rent of $547—up 6.3% annually, out...

As of October 2025, the median house price stands at approximately $1,317,500, reflecting a slight annual dip of -1.8% but robust mid-year growth of $115,000 (July 2024-2025), ranking it 5th among 47 local suburbs. The broader Central Coast sees steady 3-6% price rises in 2025, fueled by limited supply (new approvals <1% of stock), low rental vacancies under 1%, and infrastructure boosts. Demand from families and investors remains high, positioning Erina for continued appreciation amid affordability relative to Sydney's $1.75M median. Key Points of Interest: Median Price: $1,317,500 for houses, with 4-bedroom homes averaging $1.32M. Growth Trends: +$115K surge mid-2025; Central Coast up 10 months straight to $1,072,712 median. Supply & Demand: Limited new builds and <1% vacancy drive investor yields, 3.5%.

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-wyoming-michael-daniels/ Author: Michael Daniels Last month, I asked, "Will Wyoming reach $1,000,000?" and suggested we are heading toward that milestone fairly quickly. The October results have just been released, and Wyoming's 4-bedroom houses have just reached a median price of $1,000,000. This median was $680,000 5 years ago.  A weekly average growth rate of $1,230 since October 2020. Interestingly, 4-bedroom houses account for only 27% (840) of Wyoming's total houses (3,105).  The 3-bedroom median house price is $881,000. Amazingly, this result was $585,000 in October 2020. That is an average weekly price growth rate of $1,138 over the entire 5-year term. Rental yield is often used to help analysts decide if an asset is over- or undervalued. The median Central Coast house rental yield is currently 2.72% but the Wyoming median house rental yield is 4%, a significant and positive resu...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-umina-beach-michael-daniels/ Author: Michael Daniels Umina Beach is showing good growth results across houses, units and townhouses (strata dwellings). We decided to compare the performance of Houses vs Units. Houses: Premium Pricing, Sustained Demand Houses dominate, accounting for 75% of Umina’s 7,652 dwellings (5,741 total). The median price is now $1,190,000, reflecting a solid 5.5% annual increase. Last month, 55 listings attracted 2,369 interested buyers—43 buyers per property—resulting in 237 sales at a median 59 days on market. Rental demand remains strong: 54 homes available, 1,329 interested renters (24.6 per listing), leasing in just 21 days at $650 weekly (up 10.2%). Gross yield is 3.0%, underpinned by 68% owner-occupancy and an average tenure of 24.2 years. Units & Townhouses: Affordable Entry, Higher Yields Representing 25% of stock (1,911 dwellings), units and townhouses hold a median p...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-central-coast-michael-daniels/ Author: Michael Daniels Our Central Coast Median House Price has grown for 10 consecutive months, and prices are accelerating. Prices have risen by $42,501 over 12 months, but more than half of that growth has occurred over the last 4 months. The Median House Price is now $1,072,712, which is $19,000 above the COVID-19 stimulus peak of $1,053,000. Sydney's median house price is $1,620,000. Importantly, Brisbane's Median House Price is $1,101,000. People have been leaving Sydney for more affordable housing at record rates. The flow to Queensland in 2024 was 37,000 (an average of 711 per week), however, this year is estimated to be around half that amount. This is likely due to housing affordability. Brisbane's Median house price was affordable at $812,000 in 2022.  So what does this mean for the Central Coast? We are noticing a significant increase in Sydneysiders...

Author: Michael Daniels https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-in-gosford-michael-daniels/ Firstly, thanks to my 16-year-old Son for updating my monthly Median house price spreadsheet. The table below shows 47 Central Coast Suburbs and their house price growth path over the last 6 months. East Gosford's Median House Prices have grown by 6.22% (+$67,500) over the last 6 months, a terrific result compared to the Central Coast average growth rate of 2.60%. The recent change to the Commonwealth Government's First Home Buyer Home Guarantee Scheme has lifted the maximum purchase price from $950,000 to $1,500,000. We have already seen first-home buyer interest in the East Gosford area thanks to this change. The removal of maximum taxable income caps has also helped. Given that the East Gosford Median House Price is now $1,152,500, these scheme changes have opened up a new market of buyers. I once described East Gosford as the Central Coast's...