Property prices just hit a new record, but three factors could push values even higher
A typical Australian home costs more than ever before, but several triggers could combine to keep pushing up prices for…
Central Coast property market
According to economic reports, by the end of the 2025 financial year, the median house price will have surpassed $1.7 million in Sydney and $800,000 in Perth. Adelaide and Brisbane will be on the cusp of cracking the $1 million median house price.
Central Coast
The proximity to Sydney and lifestyle appeal of the Central Coast, has seen more people moving which has been an increasing trend, particularly through the Covid pandemic.
The median value for property on the Central Coast is $936,048. Median rents have increased to $677 per week.
The shortage of new housing supply will continue to be the main driver of property prices in the short term.
The Central Coast has become increasingly attractive for both homebuyers and investors, offering relative affordability, strong rental returns, and lifestyle benefits within reach of Sydney.
Propertyology predicts between 3 and 6 per cent increase in property prices in 2025.
Get in touch with me on e -peter.swan@mortgagechoice.com.au or mob - 0409 965 573.
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