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Showing posts with the label Michael Daniels Mortgage Choice

Terrigal Property Market Update 2026: Why Stability is the New Opportunity

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By Michael Daniels | Terrigal Mortgage Broker The latest 12-month data for the Terrigal housing market is in, and it signals a significant shift from the "frenzy" of previous years into a sophisticated "plateau" phase. For anyone looking for a mortgage broker in Terrigal , understanding these numbers is the first step toward a smarter property strategy. Terrigal Sales Market: The $1.6M Benchmark Based on 192 sales in the preceding 12 months, the median house price in Terrigal currently stands at $1,607,500 . While we saw rapid price acceleration in 2021 and 2022, the market has now entered a period of healthy consolidation with 0.3% annual growth . For local homeowners, this indicates a preservation of equity. For buyers, it suggests a less volatile environment, allowing more time for due diligence and professional financial structuring. The "Bedroom Gap": Where is the Value in 2260? The data reveals a fascinating trend regarding property size and price p...

Kariong Property Market Analysis 2026: Why Rents and Prices are Surging

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  By Michael Daniels – Mortgage Broker Kariong As we move into 2026, the Kariong property market has officially transitioned into a high-performance hub on the Central Coast. For homeowners, investors, and first-time buyers, understanding the data behind this shift is essential for making informed financial decisions. In this report, I analyse the movement of median weekly rents and house prices from October 2020 through to January 2026. Kariong’s Rental Boom: Nominal vs. Real Growth Data from our latest research shows that the median weekly rent in Kariong has climbed from $495 in October 2020 to $720 in January 2026 . Nominal Growth: This represents a massive 45.4% increase over five years. Real Growth: Even when we account for the cumulative inflation (CPI) of approximately 18-20% over this period, Kariong landlords have seen a real-term rental increase of roughly 25% . This indicates that rental demand in the 2250 postcode is not just keeping pace with the cost of living—it...