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Central Coast NSW Analysis

This analysis is based on houses only. Based on this review I would recommend taking a closer look at Green Point.

Suburbs Included In The Central Coast Analysis

This analysis looks at 5 markets all located within the Sa4 of Central Coast (NSW). Each is a statistical area 3 (based on Australian Bureau of Statistics standard).

  • Gosford Sa3 Suburbs:
    Avoca Beach – Bar Point – Bensville – Blackwall – Booker Bay – Calga – Central Mangrove – Cheero Point – Copacabana – Daleys Point – Davistown – East Gosford – Empire Bay – Erina – Erina Heights – Ettalong Beach – Forresters Beach – Gosford – Green Point – Green Point – Green Point – Green Point – Green Point – Green Point – Green Point – Green Point – Gunderman – Hardys Bay – Holgate – Horsfield Bay – Kariong – Killcare – Killcare Heights – Kincumber – Kincumber South – Koolewong – Kulnura – Lisarow – Little Wobby – Lower Mangrove – Macmasters Beach – Mangrove Mountain – Matcham – Mooney Mooney – Mount Elliot – Mount White – Narara – Niagara Park – North Avoca – North Gosford – Patonga – Pearl Beach – Peats Ridge – Phegans Bay – Picketts Valley – Point Clare – Point Frederick – Pretty Beach – Saratoga – Somersby – Spencer – Springfield – St Huberts Island – Tascott – Terrigal – Umina Beach – Wagstaffe – Wamberal – Wendoree Park – West Gosford – Woy Woy – Woy Woy Bay – Wyoming – Yattalunga
  • Wyong Sa3 Suburbs:
    Alison – Bateau Bay – Berkeley Vale – Blue Bay – Blue Haven – Budgewoi – Buff Point – Canton Beach – Cedar Brush Creek – Chain Valley Bay – Charmhaven – Chittaway Bay – Chittaway Point – Dooralong – Doyalson – Doyalson North – Fountaindale – Glenning Valley – Gorokan – Gwandalan – Halekulani – Hamlyn Terrace – Jilliby – Kangy Angy – Kanwal – Killarney Vale – Kingfisher Shores – Lake Haven – Lake Munmorah – Long Jetty – Magenta – Mannering Park – Mardi – Norah Head – Noraville – Ourimbah – Palm Grove – Palmdale – Rocky Point – San Remo – Shelly Beach – Summerland Point – Tacoma – Tacoma South – The Entrance – The Entrance North – Toowoon Bay – Toukley – Tuggerah – Tuggerawong – Tumbi Umbi – Wadalba – Wallarah – Warnervale – Watanobbi – Woongarrah – Wyong – Wyong Creek – Wyongah – Yarramalong

Market Summary - Data To July 2022

This analysis looks at 5 markets all located within the Sa4 of Central Coast (NSW). Each is a statistical area 3 (based on Australian Bureau of Statistics standard).

  • Gosford currently has 3.4 months of inventory (up 0.4 months since June). The market has softened in the last few months. It is likely that inventory levels for houses will rise above 5 months before the end of this year. Based on a rolling 90 day median, prices for houses between June and July decreased (-2.5% change). The market appears to have peaked sometime around April 2022. Vacancy rate remain low (1.5%) and any house renter with a rent review due in August might expect increases of around +9%.
  • Wyong currently has 3.5 months of inventory (up 0.5 months since June). Inventory levels will likely hit the 5-month mark by the time our next report is published mid September. Based on a rolling 90 day median, prices for houses between June and July decreased (-2.2% change). This market appears to have peaked sometime around June 2022. Rents over the last 12-months have surged by +17% (for houses) with vacancy rates at a relatively low 1.4% as of July 2022.

    Median prices have been collected using a rolling 90-day sample for each Sa3. Using agent-advised sold prices gives us a much more timely result (up to 3-months faster) than relying on state licensed data and using the Sa3 provides a sufficiently large sample to reliably land on the median even though we won’t have 100% of population data.

Market Risk

The following 1 to 5 risk scores follow the same approach used by the Australian Property Institute. A higher score, such as a 4 or 5, represents a higher risk. A lower score is a lower risk. When you see a risk score of 4 or 5, it warrants further investigation.

Short-term price decreases appear as the main risk currently, moderating some of the massive gains experienced in the last 2 to 3 years. As rents continue to rise and sale prices moderate, expect to see the yield risk improve. This could make the market more attractive to investors once again.

Listings Search

Click on the links below to search all suburbs in each Sa3 using realestate.com.au.

Suburb Level Analysis

Be sure to click through to the price segments, profiles and elevation section on our Suburb Map. The profile section presents socio-economic scores for an Sa1.

Heat Maps

A total of 4 heat maps (technically they are choropleth maps) have been created using a statistical area 2. This is larger than a suburb, which helps provide a more robust measure, especially when dealing with smaller sample sizes. Scroll through to each map using the arrows.

  • Median house prices are based on a rolling 12-month sample at the Sa2 level for this map.
  • SEIFA is the decile rank used to measure socio-economic advantage-disadvantage.
  • Affordability is the number of years worth of income it takes to cover the median house price. For example, 9.7 years of household income.
  • Vacancy rate is calculated based on (a) the number of rentals advertised for 21-days or more and (b) the total number of properties rented via real estate agents. The percentage vacancy rate is calculated using (a)/(b).

Top Streets - Profile For Green Point 2251

Our Top Streets report will be made available for online instant purchase before the end of August. Listed below are the top 20 streets for Green Point. For the complete list of all streets, click here to download the full report for free (in Excel format). You can purchase any suburb in Australia for $40.00.

Using an automated valuation model (AVM) we have valued every house on every street. Using the median of these results, we can then rank the streets. To help improve the validity of the results, I have ignored any street where fewer than 10 AVMs for houses could be created.

  • VICTOR CLOSE
  • BAYSIDE DRIVE
  • REMBRAE DRIVE
  • WAGTAIL PLACE
  • SILKY OAK CLOSE
  • SUN VALLEY ROAD
  • HOWARD AVENUE
  • SANDPIPER PLACE
  • MICHELE CLOSE
  • QUATTROVILLE PLACE
  • PINDARI TERRACE
  • ASCA DRIVE
  • MARILYN PARADE
  • LEGGE PLACE
  • BERRY AVENUE
  • PANORAMA TERRACE
  • ORANA STREET
  • ALLANDALE ROAD
  • LEXINGTON PARADE
  • GREENLEE STREET

Research Streets

Research every street in a suburb before you buy using our Top Streets report.

Recommended Suburb

I would recommend taking a closer look at the following suburbs for houses:

  • Green Point (Central Coast – NSW)

Before You Buy

Use the services of a professional valuer before you buy. To find a local valuer, click here.

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