https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-central-coast-michael-daniels/
Our Mortgage Choice Central Coast median house price series has been updated with the August results. The Central Coast Median House Price again grew from $1,053,800 to $1,056,600. This is also an increase of $36,100 over the last 12 months alone. This is part of the reason why so many find it so difficult to save their way into the market. House prices are growing faster than people can save.
We have also updated our 10-year growth comparison for the 47 Central Coast suburbs that we measure (suburbs must have more than 800 houses to be included).
The top 10 suburbs in terms of percentage growth are primarily coastal areas, and surprisingly, not those close to the train line or freeway. Our recent posts relating to train line suburbs, such as Narara, Wyoming, and Lisarow, show that there are strong rental yields in those markets, possibly indicating potential for future house price growth.
