Still on the rise! Central Coast not effected by Sydeny’s decline

The Central Coast market continues to move forward. The banks have tightened the rains on lending but it hasn’t stopped buyers paying top dollar for Central Coast properties. below is a study from Corelogic on the real estate market over the last 12 months.

Sydney – current downturn

Sydney dwelling values peaked in July 2017 and over the 12 months to July 2018 they have so far fallen by -5.4%. Unlike previous downturns the areas with the largest falls have been neither the most affordable nor the most expensive areas. Furthermore, values are still rising on the Central Coast.


Since the market peak, Baulkham Hills and Hawkesbury (-10.2%) and Inner West (-9.1%) have recorded the greatest value declines. As mentioned, values continue to rise in Central Coast while the South West has also recorded a comparatively moderate fall of -2.1%. Outside of the post-2003 downturn, the South West has consistently recorded relatively minor falls during recent downturn periods.

https://www.corelogic.com.au/news/how-does-housing-decline-compare-previous-downturns-sydney-and-melbourne?utm_source=Newsletter&utm_medium=EmailArticle&utm_campaign=AUSPropertyPulse

Here is whats happened in our week.

Inspect & Explore 1/101 Bundeena Road, Glenning Valley

 

2018 is 2261 – this month is Killarney Vale

Where are we this week?

 

Current Listings and open times

Are you in the market for your new home or investment property?
Here is a list of our open homes for this Saturday (1/9/18) to help plan out your day.🏡

68 Roberta Street, Tumbi Umbi
Open home times 9:00 to 9:30am Saturday (1/9/18)

5/45-47 Surf Street, Long Jetty
Open home times 10:00 to 10:30am Saturday (1/9/18)

27B South Street, Killarney Vale
Open home times 10:00 to 10:30am Saturday (1/9/18)

1/101 Bundeena Road, Glenning Valley
Open home times 11:00 to 11:30am Saturday (1/9/18)

1/6 Aurora Place, Bateau Bay
Open home times 11:00 to 11:30am Saturday (1/9/18)

13/184 Terrigal Drive, Terrigal
Open home times 12:30 to 1:00pm Saturday (1/9/18)

23 Aldinga Drive, Wamberal
Open home times 12:30 to 1:00pm (1/9/18)

10/59-61 Henry Parry Drive, Gosford
Open home times 1:30 to 2:00pm Saturday (1/9/18)

9/59-61 Henry Parry Drive, Gosford
Open home times 1:30 to 2:00pm Saturday (1/9/18)

63 Cunningham Road, Killarney Vale
Open home times 1:30 to 2:00pm (1/9/18)

2/48 Kitchener Road, Long Jetty
Open home times 2:30 to 3:00pm Saturday (1/9/18)

15 Eloora Road, Long Jetty
Open home times 2:30 to 3:00pm Saturday (1/9/18)

15 Hume Boulevard, Killarney Vale
Open home times 3:30 to 4:00pm Saturday (1/9/18)

 

If you would like to know more about any of these properties, follow the link below 👇
http://www.raineandhorne.com.au/toowoonbay
Enjoy your Saturday and Drive safe 🚗

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