Our Mortgage Choice Central Coast Median House price for June has been calculated, and for the sixth consecutive month, we have seen growth. We have now increased from $1,028,617 in January to $1,047,576, representing a growth rate of 1.84% for the first half.
Gorokan wins the affordability ranking with a median house price of $732,000, and Copacabana tops the list at $1,717,500.
Twenty-two of our forty-seven suburbs (with more than 800 houses) now have a median over $1,000,000, and five of those suburbs now exceed $1,500,000. Ten of the suburban medians declined in value since January, while twenty-seven increased in value.
Although Central Coast house prices have risen by 37.65% over the last five years, our market remains one of Sydney's first-home buyer havens for those seeking to live in a free-standing house. Eleven of our suburbs have a median house price that would attract no stamp duty for eligible first-home buyers. Fourteen more suburbs have a median house price that would at least offer a stamp duty discount for those first-time buyers.
Please call me or send an email to [email protected] if you, or anyone you know, would like to discuss their property plans.
