Central Coast Property News

  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...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-central-coast-michael-daniels/ The Central Coast median house price has just reached its prior record, $1,053,000, which was set in August 2022. Tracking Median House Prices Since 2015 Mortgage Choice Central Coast have now been tracking the largest 47 Central Coast suburbs by Median House Prices since August 2015 (see above chart). Post-COVID Price Trends Since the peak month of August 2022, 31 Central Coast suburbs have seen their median house price either reach or grow beyond their Covid-19 stimulus peak; 16 have not yet reached their former glory. Small sales numbers can skew median house prices in the short term, but the long-term trend usually clears up these inconsistencies. Performance of Premium Central Coast Suburbs Some of the premium suburbs, such as Copacabana, North Avoca, and Wamberal, are still a long way from their Covid peaks. Still, if you exclude the dramatic Covid-19 spike, the long-t...

 https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-green-point-michael-daniels/ The  Green Point   property market on the   Central Coast   continues to show steady growth, making it an attractive location for homeowners and investors alike. Over the 12 months ending July 31, 2025, median house prices in   Green Point   have risen, with 4-bedroom homes increasing by 3.2% and 3-bedroom homes seeing a more robust growth of 7.6%. This consistent appreciation highlights the suburb’s appeal as a stable and desirable place to live or invest. Strong Rental Yields in Green Point Despite the rise in property prices,  Green Point  maintains competitive rental yields, particularly when compared to the broader  Central Coast  market. Three-bedroom homes in  Green Point  offer a rental yield of 3.6%, while 4-bedroom homes achieve a slightly higher yield of 3.7%. These figures outperform the  Central...