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Central Coast's property boom

Agent Select / Property News / Central Coast's property boom
THE Central Coast’s 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 region’s 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 Sydney’s median house price will hit $1 million by the end of the year compared with the Coast’s 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 the full article at The Daily Telegraph NSW
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