Central Coast Property News

I’ve seen firsthand how Terrigal's property market has performed exceptionally well. According to our recent data, the median house price has soared from $720,000 to $1,595,000 in just ten years. This remarkable growth of $875,000 confirms what I see almost every day: Terrigal is one of the top-performing suburbs on the Central Coast, with appreciation on par with its neighbours, including Avoca Beach (2nd), Wamberal (4th), and Forresters Beach (6th). Navigating a High-Value Market For anyone looking to buy here, this price growth means that securing a property in Terrigal often requires a plan, as it is usually necessary to achieve a higher borrowing capacity. Obtaining a sufficient level of equity can also be difficult in a higher-value area like Terrigal. As a broker, I can help you through the complex lending options and manage the application process. How I Help as Your Terrigal Mortgage Broker As a local Terrigal Mortgage Broker, I add value by not only providing access to a ...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-central-coast-michael-daniels/ Author: Michael Daniels The recent changes to the  First Home Buyer Guarantee Scheme  have resulted in our office receiving a large number of calls from people looking to buy their first home. At least 80% of these calls are from individuals seeking to purchase a house rather than a unit. The affordability test can sometimes change those plans, but I encourage people to view home ownership as a stepping-stone process.  Almost every person, for good reason, is worried about rising prices now that interest rates have reduced. Mortgage Choice Central Coast  has prepared a table to help answer some of your questions. We have ranked the 47 suburbs from the most affordable to the most expensive, based on their median house prices. We have also shown you the last 6 months to help you identify which direction your target suburb is trending. We can generally p...

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-woy-woy-michael-daniels/ As demand for affordable dwellings begins to ramp up under the new  First Home Buyer Guarantee Scheme  rules, we thought it would be a good time to take a look at the 2-bedroom unit market in Woy Woy, Umina Beach and Ettalong Beach. Mortgage Choice Central Coast  has seen a significant increase in  first home buyers  arranging home loan pre-approvals, so the race is well and truly on. Woy Woy is the standout from an affordability perspective, with the median 2-bedroom unit price $102,500 cheaper than Umina and $165,000 lower than Ettalong. Low prices are good for first-home buyers, but they will likely face some competition. Woy Woy also stands out as an attractive option for investors, with the highest rental yield in our comparison. The median unit price for Woy Woy's 2-bedroom units increased by only 2.50%, but the median weekly rent rose by 7.6%, result...

  🏡 Curious About Your Home’s Value? 💰 If you plan to use some of your home equity for an investment, knowing your home's value is crucial. Let’s connect and find out what your home is worth with a FREE RP Data report. #propertyvalue #realestate #mortgagebroker #centralcoast

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 ...