CENTRAL COAST EDITION
TREVOR HAMILTON
It´s been a great start to the year with fantastic results for homeowners and investors throughout the Central Coast.
As your area specialist I am 100% committed to keeping you totally up to date with all property activity on the Central Coast.
We average over 400 attendee´s visiting our open homes each Saturday and it has proven a competitive market for buyers. This puts homeowners in the best possible position to achieve a premium price within the first few weeks of being on the market.
This will allow you to keep your finger on the pulse and help you monitor your own property´s position in current market conditions. Should you require advice with your real estate needs in the future feel free to contact me anytime.
Trevor Hamilton trevorhamilton@mcgrath.com.au 0402 392 398
A Word From John McGrath I was up on the Coast last week and I had a few people ask me what I thought the future of the local market over the next few years. To which I answered, “It will be one of the best real estate markets in Australasia, stay tuned.” And I’ll tell you what I believe that to be the case. Firstly, Australia is in a great place as a country. The key indicators of prosperity are extremely solid. Growing population. Low unemployment. Best lifestyle in the world. As a country we are well positioned. Especially as our proximity to Asia, combined with the factors above, makes us an ideal destination to visit, migrate to or invest in - all which will continue to make us a better and more prosperous place. But let’s double click on the Central Coast and I’ll let you know why I think it’s perfectly positioned to outperform almost all other markets in Australia. Let’s unpack the key factors: Proximity to Sydney: When you combine relaxing, healthy, safe lifestyle of the Coast and place it within an hour of Australia’s biggest city it becomes a compelling proposition to both residents and investors. Sydney Prices: With almost all metropolitan family living options rising well above the million dollar mark it has become increasingly harder for young couple to enter the market and indeed for many families to even afford to remain in Sydney.
And they are starting to look for other high quality options to live or invest in - sea change and tree change options if you will. The Coast is extremely attractive to these buyers and investors and we have seen a significant increase in buyer enquirer for Coastal listings from our Sydney buyers over the past 12 months and this will escalate going forward. Quality Development: There is a new wave of world class, boutique developments appearing on the Coast that create a new lifestyle option for many people - both local and Sydneysiders. These are incredibly high calibre developments that are setting new standards of living on the Coast but are priced at half the rate of comparable projects in Sydney. So in summary, there are few better places to live or invest in on planet earth right now than the Central Coast.
Just listed
12 Table Top Road, North Avoca For sale $1.25-1.35m
2/102 Ocean View Drive, Wamberal For sale $950k
A selection of my recent sales
112 Avoca , Avoca Beach Sold $3.7m
22 Lumeah Avenue, Wamberal Sold $1.45m
37 Bounty Hill Rd, Macmasters Sold $1.661m
1/25 Pacific St, Wamberal Sold $1.6m
14 Ridgeview Close, Terrigal Sold $1.24m
142 Hastings Rd, Terrigal Sold $750k