Premium Central Coast suburbs are now holding their own against the Sydney property market. CoreLogic’s Mapping the Market report and Realestate.com.au showcases the increase of median house prices across the region. The top 10 Central Coast premium suburbs have two key features, land and beach.
The top two Central Coast suburbs both feature acreage properties, which is a highly sought after property style given the increase in families wanting space after two years of lock-downs.
Stunning acreage property in Holgate NSW on the market.
Holgate is the most prestigious suburb on the Central Coast, not only due to having the highest median house price, but residents in the area benefit from the exclusive and private community, access to the prestigious Central Coast Grammar School. Sydney-siders flocked to this suburb in the last 12 months to enjoy living on the land with only an 8 minute drive to Terrigal Beach. Surrounded by innovative businesses including the award winning Fires Creek Winery and Bamboo Buddha, the community not only enjoys the finer things in life, but also the family friendly support.
Every month, the Holgate and Matcham community get together to hold a produce share, where residents share the food they’ve grown and their knowledge. Holgate is truly one of the last great family friendly suburbs, even the school buses pick up the kids direct from their homes rather than a bus stop. Super cute!
For 3 years in a row now, Holgate has taken over top position from sister suburb Matcham. Back in 2020, Matcham’s median house price was $1,164,366, which was just pipped at the post by Somersby at $1,173,014, and Holgate taking 1st place with $1,185,260. Holgate has proven the suburb isn’t just a trend, but the number one suburb on the Central Coast.
Top 10 median house prices for Central Coast premium suburbs
Holgate $2,600,000 (down -2.8% in last 12 months, 11 houses sold)
Macmasters Beach $2,200,000 (up 2.6% in last 12 months, 29 houses sold)
Matcham $2,085,000 (down -38.5% in last 12 months, 12 houses sold)
Pearl Beach $2,075,000 (down -17.0% in last 12 months, 22 houses sold)
Killcare $1,920,000 (down -11.4% in last 12 months, 15 houses sold)
Copacabana $1,910,000 (down -0.5% in last 12 months, 19 houses sold)
North Avoca $1,765,000 (down -7.1% in last 12 months, 31 houses sold)
Wamberal $1,750,000 (down -4.4% in last 12 months, 91 houses sold)
Avoca Beach $1,642,500 (up 1.1% in last 12 months, 40 houses sold)
Terrigal $1,535,000 (up 3.4% in last 12 months, 170 houses sold)
Figures correct at time of publishing.
Sydney vs Central Coast
In a property market where there is uncertainty, the regional property markets are always stronger than capital cities. The Central Coast offers more space, lifestyle and growth, making premium suburbs attractive to buyers looking to stretch their money further. Considering the drive time is only 37 minutes on the M1 from the Gosford exit to reach the Wahroonga exit, commuting from the Central Coast to Sydney is well within reach.
CoreLogic Mapping the Market report
Central Coast mortgage broker
Median house prices are one thing, but knowing realistic valuations of Central Coast properties is key to securing the finance. Working with a Central Coast mortgage broker like Mint Equity gives you the confidence that your mortgage broker knows which lenders have the best rates and which property valuers understand the Central Coast market. This is key to securing a home loan approval.
Contact the team at Mint Equity at the beginning of your buying journey to ensure you have the right information and the lowest interest rate with the best lender conditions before you buy.