THE Central Coastâs booming real estate market has soared to new heights with a massive 36 suburb price records smashed during the past 12 months
An Express Advocate analysis of the latest Core Logic RP Data figures has revealed that almost a third of the regionâs suburbs have fetched new peak property prices.
Sydneysiders are behind the overwhelming majority of the sales, enticed by great value-for-money and strong investment potential, according to local agents.
Experts predict Sydneyâs median house price will hit $1 million by the end of the year compared with the Coastâs more affordable beachside offerings currently averaging almost $460,000.
Seventeen of the 36 record-making properties were snapped up by Sydney buyers, six bought by local purchasers, five by interstate investors, four by overseas buyers and four unknown.
Read original article on The Daily Telegraph NSW