UPDATE | Kariong joins the $1,000,000 club | July 8th, 2025

UPDATE | Kariong joins the $1,000,000 club | July 8th, 2025 https://mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-kariong-michael-daniels/ As predicted in our last post about Kariong, the property owners of Kariong have good reason to be optimistic. The Median house price for June has breached the $1,000,000 mark. One of the few suburbs to exceed the peaks reached during the COVID-19 stimulus. Kariong is a vital suburb to watch when considering the significant impact the Sydney population has on house prices on the Central Coast. Arguably, Kariong is the first part of the Coast to experience the effects of Sydney's ebbs and flows, as it is the closest residential suburb by motor vehicle. Our recent experience at Mortgage Choice Central Coast is that Sydneysiders are on the move. Population growth, coupled with a lack of new housing stock, is forcing people out of Sydney. Property pundits often point to QLD as the beneficiary of this internal migration; however, the Central Coast has always felt the same effect, especially given that people can keep their Sydney employment. Kariong is on the frontline of this migration, and June's result is not a surprise to us. Please send us an email at [email protected] or give us a call if you would like to discuss your property plans. The best place to start is with a pre-approval. #kariong #kariongnsw #kariongsales #kariongrealestate #centralcoast #centralcoastnsw #mortgagebrokercentralcoast