The Central Coast has held up well in terms of property value but given there are fewer buyers in the market at the moment, some vendors and real estate agents are ensuring properties are priced to sell. Now is a great time to buy the dream home and with a string of good quality properties on the market for $1M.
As Central Coast mortgage brokers, it’s important that we keep an eye on the property market to make sure our clients are buying at the right price and that bank valuations stack up. We regularly look through the for sale listing to see what the market is doing and properties in premium Central Coast suburbs can be a good long-term purchase, particularly when the pricing is more affordable.
Here are a few that caught our attention.
7 Sotherby Avenue Terrigal, NSW 2260
$1,040,000 - $1,060,000
4 bed
2 bath
2 car
Why it’s good value
The internal floor area is 325m2 – which is a great size. It has multiple living areas and a huge games room and massive workshop.
7 Sotherby Avenue, Terrigal NSW 2260 - Photo courtesy of LJ Hooker Terrigal
Whilst it could benefit from some cosmetic updates, we love the fact that you can put your own selections in, rather than paying for someone else’s choices. The kitchen is a great size and if you don’t love the door profiles, that’s a quick and cheap update. There are plantation shutters throughout and modern paint colours. If you wanted to be really fussy, a quick update to the flooring would be the only thing needed to give it the wow factor.
Terrigal is a premium suburb on the Central Coast, which commands premium pricing – and we know why. The beach, shopping and restaurants make this suburb a great place to live.
This property is currently on the market with LJ Hooker Terrigal.
84 The Scenic Road Killcare Heights, NSW 2257
$1,100,000 - $1,200,000
5 bed
2 bath
2 car
Why it’s good value
The kitchen. Yep, this is a cracker – clean, modern white kitchen with waterfall stone benchtop. From the feature pendants and black fan, the interiors are just beautiful. The raked ceiling reminds us the beach is not far away. The bathroom is gorgeous and up to date with above counter sinks and black tapware.
84 The Scenic Road, Killcare Heights NSW 2257 - Photo courtesy of Gittoes East Gosford
With 5 bedrooms, you’ve got enough room for a football team, and the large backyard will cater to many activities. Master bedroom has an ensuite and WIR too!
Did we mention the property is located in Killcare Heights? Not just a popular tourist holiday location, Killcare Heights is the epitome of the Central Coast – chirping birds, headland views and the best pet friendly beach in NSW – Putty Beach.
This property is currently on the market with Gittoes – East Gosford and was listed on 12 March 2019.
16 Wairakei Road Wamberal, NSW 2260
3 bed
1 bath
1 car
Why it’s good value
There is nothing to do, nothing. With stylish interiors and amazing indoor and outdoor entertaining areas and a solar heated resort style pool, you’ll never want to leave. This property also ticks the location, location, location box. Opposite Wamberal Lagoon and a short walk to Wamberal Beach, Wamberal is very much the more sophisticated sister of Terrigal – a real crowd pleaser with both home owners and investors.
16 Wairakei Road, Wamberal NSW 2260 - Photo courtesy of The Agency
Everything has been done beautifully on this property and we are shocked with one falls in the $1m range.
This property is currently on the market with The Agency and was listed on 26 February 2019. As this property has been on the market now for over 50 days, now might be the time to throw in a cheeky offer.
To download the property report on this property, click here.
Central Coast home loan
If you’re looking to purchase your next home or investment property, give Central Coast mortgage broker, Mint Equity, a call to discuss your borrowing capacity, interest rates and lender promotions. Lenders want your business, so now is the time to secure a low interest rate.