UPDATE | 10 06 2025 | Central Coast Median House price rises for 6th consecutive month
17 June 2025
The median house price on the Central Coast for May 2025 has come in at $1,044,750. Exactly 10 years ago, the median house price was $499,250. Will the median house price double again in 10 years? I would have answered no to that question in 2015, but a combination of general inflation, rising wages and accommodating lending policies (especially during COVID-19) drove the median through the roof. In fact, between mid-2020 and mid-2022, our median rose by 61% from $650,000 to $1,050,000. Fortunately, this median dropped by $100,000 over the following 12 months; however, we are now only $6,000 away from the COVID-19-induced peak. This has been a devastating change for our first home buyers, and predictions of further variable interest rate cuts will likely accelerate house price growth. If you know a potential first-home buyer who would like a maximum purchase price estimate (no obligation) or a plan to enter the market, we would be grateful for the opportunity to help.
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