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Central coast region

$17.2M Food Hub Becomes Reality

$17.2M Food Hub Becomes Reality

Regional Development Australia Central Coast (RDACC) has applauded the allocation of $17.2M in last night’s federal budget to fund the construction of a Central Coast Food Manufacturing Precinct and Innovation Hub project at Lisarow. One of seven projects listed under the Regional Minister...

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New University campus for Gosford

New University campus for Gosford

The NSW Government has today announced that the University of Newcastle will be its university partner to deliver a new university campus in Mann Street, Gosford. The University of Newcastle’s Vice-Chancellor Professor Alex Zelinsky joined Minister for Infrastructure, Cities and Active Tra...

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$1B High-Speed Boost for Central Coast Prosperity

$1B High-Speed Boost for Central Coast Prosperity

Regional Development Australia Central Coast (RDACC) has applauded the $1B allocation for a dedicated passenger rail line to be built between Sydney and Newcastle in last night’s Federal Budget. The official budget allocation followed announcements earlier in the week that this catalyst in...

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Pacific Highway at Wyong upgrade secured for delivery by mid-2027

Pacific Highway at Wyong upgrade secured for delivery by mid-2027

Northbound congestion on Pacific Highway through Wyong. Thirteen years of campaigning and the green light has finally been given to the upgrade of the Pacific Highway from Tuggerah to Wyong. The $420 million upgrade – $336M Federal funds and $84M State funds – will deliver two lanes...

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Historic’ drop in supply of new Sydney homes prompts shortage warning

Historic’ drop in supply of new Sydney homes prompts shortage warning

There has been a decline in apartment developments in Sydney. Sydney is in the grip of a historic drop in new housing supply, driven by a collapse in apartment developments, which could exacerbate the city’s shortage and push up prices just as population growth is poised to increase post-p...

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NSW coast worth $100b for renewables

NSW coast worth $100b for renewables

Matt Kean says investors have shown huge interest in the Hunter/Central renewable energy zone. More than $100 billion of potential investment has been put forward in the registration of interest for the massive Hunter-Central Coast Renewable Energy Zone. NSW Energy Minister Matt Kean says the r...

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 NSW flooded with $100bn in renewable and storage projects for Hunter renewable zone

NSW flooded with $100bn in renewable and storage projects for Hunter renewable zone

The NSW Government has been "overwhelmed" by projects wanting to participate in the Hunter-Central Coast Renewable Energy Zone. The NSW Government has again been inundated by new wind, solar and storage projects wanting to participate in the next Renewable Energy Zone, receiving more than $100 b...

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Regional property prices are still surging, but rate rises could end the party

Regional property prices are still surging, but rate rises could end the party

In the Illawarra region, south of Sydney, house prices jumped 31.5 per cent in the 12 months to January, with units up 23 per cent during that period. Property prices in Australia's major regional areas are still surging, raising questions about how long the cycle can last. It's seen the diverg...

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High-speed rail would lift land value by up to $140 billion: report

High-speed rail would lift land value by up to $140 billion: report

The report estimates land values around 12 regional high-speed rail stations, such as in Newcastle, would potentially increase by up to $140 billion.  Land values and property prices around high-speed rail stations could soar by as much as $140 billion, according to new research. UNSW rese...

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Land value soars in Hunter Central Coast region as property market continues to boil

Land value soars in Hunter Central Coast region as property market continues to boil

Total land values have soared in the Hunter and Central Coast region. In the year she has spent trying to secure a family home in Newcastle, Sally has missed out on multiple auctions and offers. "Homes are going $300,000 to $400,000 over guide," she said. "It's a really tough time to enter the...

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Family who started investing while earning money serving snacks now own over 50 properties

Family who started investing while earning money serving snacks now own over 50 properties

The Linder family. A Western Sydney family have played the housing market using a mix of clever banking tricks and market forces to acquire more than 50 properties between them. Each of the members of the Linder family aged over 18 own property, with mum Kimberly and dad Jason owning 42 homes a...

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'Absolutely thumping' market: Laundy family snaps up Central Coast pub for $38m

'Absolutely thumping' market: Laundy family snaps up Central Coast pub for $38m

Publicans Arthur and Stuart Laundy have purchased the Bayview Hotel on the Brisbane Waters harbour front in Woy Woy on the NSW Central Coast  Veteran pub owner Arthur and his son Stuart Laundy have swooped on for the historic Bayview Hotel at Woy Woy on the NSW Central Coast paying a record...

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Central Coast property: Blue Bay knockdown sells for shock price $308k above reserve

Central Coast property: Blue Bay knockdown sells for shock price $308k above reserve

No. 19 Currawong St, Blue Bay, sold for $2.508 million at auction. A Blue Bay knockdown has sold for nearly $1 million above the suburb's median house price as the Central Coast market shows no sign of slowing. The two-storey brick house on a prized 695sqm Currawong St block sold at auction for...

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Australian real estate: How Alex Veljancevski built his eight-property portfolio at just 31

Australian real estate: How Alex Veljancevski built his eight-property portfolio at just 31

The Sydneysider purchased his first place at age 19 while at university and now has eight properties, including one worth $1.9 million. Alex Veljancevski purchased his first home at just age 19 and has gone on to build a property portfolio worth $5.2 million,which recently allowed him to buy his...

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'Brutal' property prices forcing locals out of a family town

'Brutal' property prices forcing locals out of a family town

They had to have serious conversations about their much wanted a child and the impact it could have on buying a house. As property prices skyrocket in coastal areas around Australia, the market is being described as "brutal" for families trying to purchase a place. Mum of three Rachae Hutton is...

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Huge Mardi subdivision to be decided by regional panel

Huge Mardi subdivision to be decided by regional panel

A 246-lot community title subdivision at Mardi has been submitted to Central Coast Council and will be decided by the Hunter Central Coast Regional Planning Panel. The 223ha site is eight allotments collectively known as 414 Old Maitland Road, Mardi, situated to the west of the M1 Motorway. It ...

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Central Coast property: Sydney buyers flock to 'safe haven' amid COVID-19

Central Coast property: Sydney buyers flock to 'safe haven' amid COVID-19

Sydney buyers flock to 'safe haven' Central Coast property amid COVID-19. At a time of great uncertainty in the property market, it appears that Sydney buyers are flocking to the Central Coast. Top selling agency McGrath have reported an 'unexpected upward trend' that has evolved over the past ...

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Sydney exodus drives regional property prices up and locals out of the market

Sydney exodus drives regional property prices up and locals out of the market

An influx of former Sydney residents combined with a lack of housing stock is propelling regional New South Wales property prices to record highs, while pushing locals out of the market. Key points: Regional NSW property prices rose by almost 10 per cent last year Researchers expect city resid...

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The year regional housing turned property on its head

The year regional housing turned property on its head

The pandemic that made city-dwellers flee urban environments for the relative safety and space of country living turned housing markets on their head, making regional prices grow faster than metropolitan values for the first time in nearly 15 years. Regional property values jumped 6.9 per cent i...

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Stiffer market competition on the horizon as investors slowly creep back

Stiffer market competition on the horizon as investors slowly creep back

With first-home buyers and upgraders dominating the market, the quiet pick up in investor activity is going largely unnoticed. The most recent home lending data from the Australian Bureau of Statistics (ABS) found that in September 2020 there was $5.3 billion in new lending to investors. While t...

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Regional hotspots where house prices have surged

Regional hotspots where house prices have surged

Many of Australia's regional towns have proven resilient to the pandemic with house prices rising despite the disruption, even as the country's two largest housing markets of Sydney and Melbourne suffered. Outside of the regional coastal markets, Dubbo, in the central west of NSW with an estimat...

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Rezoning approved for a 300 lot housing subdivision

Rezoning approved for a 300 lot housing subdivision

A 27.2ha parcel of land at Lake Munmorah has been rezoned for a 300 lot housing subdivision to be bounded by environment conservation lands (green corridors). There was no debate on the matter when Central Coast Council put through the rezoning proposal at its April 27 meeting. A site specific ...

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NSW Central Coast cafe owner says JobSeeker forcing closure ahead of bumper tourism season

NSW Central Coast cafe owner says JobSeeker forcing closure ahead of bumper tourism season

The New South Wales Central Coast is expected to boom this summer, with holidaymakers opting for a beachside getaway amid ongoing pandemic travel restrictions. But the future is not so bright for a well-established café in the coastal village of Avoca Beach, which has been forced to close...

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Major housing and recreation redevelopment at Doyalson planned

Major housing and recreation redevelopment at Doyalson planned

Doylo Lifestyle Group has passed its first hurdle for a major housing and recreation redevelopment to be staged over 20 years on 45ha at Doyalson. At its April 27 meeting, Central Coast Council voted unanimously to rezone land for low density housing and to forward a proposal to the NSW Planning...

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Household savings climb as Aussies hunker down for recession

Households are using the pandemic year to build their nest eggs and gird against recession, with savings and investments trending higher since the start of 2020. The average total balance of Commonwealth Bank savings accounts and term deposits, which accounts for a large portion of the market, i...

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"Regional suburbs witnessing low vacancies while capital cities struggle to find tenants"

"Regional suburbs witnessing low vacancies while capital cities struggle to find tenants"

Residential vacancies in outer suburbs and regional areas fell sharply in July, while CBD apartments sat empty as professionals who could workwhile CBD apartments sat empty as professionals who could work remotely abandoned their city flats in favour of larger homes to escape the spreading virus....

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Developer Secures Approval for $133m Central Coast Tower

Developer Secures Approval for $133m Central Coast Tower

Developer JMGM has won approval for a mixed-use residential building in Gosford on the New South Wales’ Central Coast. The developer’s application to develop 184 apartments, five levels of car parking and new retail space was approved last week. JMGM initially lodged plans i...

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An additional primary school to be built at Warnervale

The new school, initially for 460 students, will be built at 75 Warnervale Rd and will supplement the existing primary school on the corner of Minnesota Rd at 179 Warnervale Rd. The school population will increase in stages to a total 1,000. There will be community consultation before the new sc...

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Long Jetty highlighted as top suburb for consistent property sales

Long Jetty highlighted as top suburb for property sales consistency. A new report from Hotspotting.com.au has highlighted Long Jetty as one of the top suburbs in the nation for consistent property sales. With a median house price of $660,000, the trendy Central Coast hot spot has shown regu...

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Central Coast properties sell well above expectations at auction

Central Coast properties are selling well above expectations at auction. The Central Coast auction market continues to perform strongly, with several properties selling for well above expectations. One block of land at 563B The Entrance Rd, Erina Heights sold for $1.63 million, a ...

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Blue Haven on the Central Coast has affordable property and the best school in Australia

Principal Paul McDermott with Blue Haven students. The school recently won the coveted award of ‘Australia’s best public primary school’ at the Australian Education Awards. Picture: John Feder/The Australian. A Central Coast suburb with some of the most affordable property ...

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Best areas to invest in Newcastle and the Central Coast in 2019

Have you been diligently eyeing real estate in Newcastle and the Central Coast? If the answer is yes - you've been doing your homework! In the midst of the nation's record-breaking property downturn, these two beautiful regions - packed with vineyards and exquisite coastlines - have experienced c...

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Hong Kong developer snaps up popular land in Warnervale town centre

Property developers have scrambled to get their hands on a site in the master planned Warnervale town centre on the Central Coast, with the sale going to a Hong Kong buyer. Another development site in the Warnervale Town Centre has been sold with a parcel of Woongarrah land collecting $6.4 m...

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Regional Australia is big winner in the Federal Budget

There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner. There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner.   More sp...

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Tuggerah Lakes Private Hospital to open in May 2019

  Tuggerah Lakes Private Hospital (TLPH), the former Wyong Shire’s newest major health facility, has moved closer to completion, with staff announcing that the hospital will open in May. Tuggerah Lakes Private Hospital (TLPH), the former Wyong Shire’s newest major health fa...

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Australia’s Population Becoming More Diverse

Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were born in Australia. Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were bor...

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Rents Across Australia Rise Over The First Quarter Of 2019

The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year. “This seasonally strong first quarter has delivered the highest incre...

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Special planning proposals provide opportunity for 1,500 homes

Residential development at Lake Munmorah and a proposal to rezone land at Wallarah for employment uses and environmental conservation, are outlined in the Interim Darkinjung Development Delivery Plan Central Coast Council is currently progressing three Darkinjung planning proposals. Projects a...

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2020 Tuggerah Lakes Restoration Project launched

A Notice of Motion from Councillor Greg Best called for council to engage all levels of government in the timely lead-up to the 2019 elections, taking a “whole of lakes” approach through triggering a much needed 2020 Tuggerah Lakes Restoration Project. Central Coast Councillors v...

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$350m private hospital & medical precinct announced

A joint project by AA Crown Holdings and Northside Group, the $350m Northside Private Hospital and medical precinct will deliver world class medical services to complement Gosford’s existing public hospital. A major new private hospital and health precinct is earmarked for Racecourse R...

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$2.8 Billion Tuggerah Precinct Investment : Central Coast

Now is the time to invest in Central coast region as NSW Government pledges $2.8 billion on new infrastructure. With creation of 5000 new homes, around 10,000 jobs created during construction of the project and more than 2,500 permanent local positions available as a result, this initial stage ...

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Warnervale new public school: Minister reassures parents

NSW Education Minister Rob Stokes has reassured parents that the new Warnervale Public School is on track to be completed by late 2021.     Mr Stokes was responding to concerns by Central Coast P and C president Sharryn Brownlee that the school plan might have been delaye...

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GR Homes liquidation leaves Hunter family in limbo

Mayfield’s Ruth Larkin and Amie Wilson were excited to hear in September that their new home, which had been under construction for the past 12 months, would be completed early. But just two months later, they fear they will soon have nowhere to live.  ...

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A Fast Rail Future for NSW

The NSW Government has a vision for vibrant and growing regional economies, providing NSW residents with more jobs, greater opportunities and better quality of life. Vision Many of our state’s regional areas have room to grow and are keen to draw in more investment, ...

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Wyong Hospital redevelopment Pictures and video reveal plan

Designs have been unveiled for the $200 million Wyong Hospital Redevelopment. When complete, the redevelopment will increase the service capacity of the hospital with an additional building and a revamp of some existing areas. There will be a new and enhanced Emergency Department; enhance...

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Kangy Angy Rail Maintenance Facility: design images revealed

The first images of the $300 million new Intercity Fleet maintenance facility at Kangy Angy have been released by the State Government. The controversial development has been the scene of protests by local residents who say their quiet area has been totally trashed by construction of the f...

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Vacancy rate creeps back up in Sydney, down in regional NSW

Vacancy rates are starting to rise back after last month’s decline, new data shows The October 2018 edition of the REINSW Vacancy Rate Survey showed metropolitan Sydney vacancy rates were down 0.1 of a percentage point over the month to 2.1 per cent. Leanne Pilkington, presi...

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Two boarding houses proposed & another receives construction certificate

AUGUST 4, 2018   Two boarding house proposals, at Niagara Park and Wamberal, are currently being assessed by Central Coast Council, and a third, in Beane St, Gosford, has just been granted a construction certificate.A construction certificate has been granted for a $4m, 36-room boardin...

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Sydney-to-Canberra 'very fast train' the focus for $4.2-billion Snowy Hydro Fund

Part of the Snowy Hydro Legacy Fund is set to be spent on funding a new corridor for a “very fast train” between Canberra and Sydney. Key points: The NSW Government says the $4.2 billion fund will be used for rail and road connectivity, freight, aviation and digital connecti...

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Central Coast wave park: Council to investigate potential sites

FORCES are gathering for the Central Coast’s very own wave park. Millionaire properly developer Tony Denny would be willing to invest and Central Coast Council has committed to investigate potential sites. A wave park is a swimming pool with artificially generated, large waves simil...

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Snowy Hydro Scheme sale could deliver $400m to Central Coast

An estimated $400m in Snowy Hydro Scheme funding is expected to be made available to Central Coast Council from the NSW Government’s sale of its share of the Snowy Hydro Scheme to the Federal Government. The NSW Snowy Hydro Scheme Legacy Fund has a $4.1b commitment for projects in region...

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Wyong Race Club reveal $6 million master plan complete with all-weather track and more stables

CENTRAL Coast trainers are set to be the biggest beneficiaries of a $6 million master plan announced for Wyong Race Club today, with an all-weather training track headlining a huge investment in new and improved facilities. Punters can also expect a rather large increase in stabling capaci...

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How Have Dwelling Values Shifted Across The Regional Areas Of Australia?

The latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with regional dwelling value growth continuing to slow. In this week’s Pulse we look at how values have changed over the past 12 months outside of the capital cities. Over...

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The Central Coast is proving to be a top performer in property during Sydney shift

THE Central Coast has been ranked in the top ten regional markets in the nation, and here is why. THE Central Coast property market is not only among the fastest-growing in the country, we also stand head and shoulders above the Sydney market. Such is the strength of our real estate portf...

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Tourism Central Coast encourages everyone to ‘have a little adventure'

Tourism Central Coast is spilling the beans on being “Sydney’s best-kept adventure secret” in its latest campaign.  “Our research identified very early on that there was a clear disconnect between perceptions of the Central Coast and the actual reality”, says A...

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Central Coast Gateway to future growth

Woongarrah, Hamlyn Terrace, Wadalba, Warnervale, and Glenning Valley are the epicentre of residential development on the Central Coast, endorsed by the NSW Government’s Central Coast Regional Plan 2036. This special report looks at how hundreds of acres of greenfield land and bush...

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Hills and Inner west lead Sydney price falls, Central Coast continues to grow!!

CoreLogic’s latest hedonic home value index released Wednesday showed the median price of a home across the city fell 0.6 per cent over July and 1.1 per cent over the past three months. It was the eleventh consecutive monthly fall in prices and means the typical price of a home is 5.4 pe...

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$300M Kangy Angy rail facility: Work to begin and new jobs created

IT’S time to accept that the rail maintenance facility is going ahead in Kangy Angy and celebrate the benefits to the Central Coast. That was the message from Central Coast Parliamentary Secretary Scot MacDonald as he turned the first sod at the Turpentine Road site yesterday. Const...

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Sydney to Newcastle rail line to be a business case for faster services

REDUCING travel time between Newcastle and Sydney from three to two hours could be a “game changer” for the Central Coast. Straighter tracks, removal of level crossings and increased speeds over 120km will be explored with a view to shorten the journey on the Coastal rail line....

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New Business Prospectus for Hunter and Central Coast Regions released

Great News for the Central Coast and Hunter Regions A recent update to the Investment Prospectus of the Hunter and Central Coast Regions has been released giving a great insight into investment in these regions. Some of the main points include: Central Coast The Central Coast contribute...

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Central Coast investor snags 12.59ha for less than $6M

12.59ha close to Kooindah Waters Golf Club and other major Governement Investments A Central Coast based investor has picked up 12.59ha of land located close to the Kooindah Waters Golf Club for the princely sum of $5,665,000. Located in a Key growth area, the investor aims to eventuall...

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New rehabilitation ward in Woy Woy

New rehabilitation facilities have been approved for a local hospital. A new rehabilitation ward has been opened at the Woy Woy Hospital, which began construction in January 2017 at a cost of $10M, includes 24 rehabilitation beds, a gym, hydrotherapy pool, and a separate entranceway and faci...

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Unit rentals in Central Coast are increasing by 5.7% annually

Renting an apartment on the Central Coast is almost as expensive as living in some parts of Sydney. Renting an apartment on the Central Coast is now nearly as expensive as living in some parts of Sydney. The median asking rent for a unit on the northern coastal region is now $370 a week, a ...

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Koala Invest provides REAL Investment Solutions

Koala Invest recently settled another Dual Occupancy Investment Package for one of our clients that offered the best in Capital Growth, Rental Yield and Rental Income.   Located nearby to the beautiful Lake Macquarie. Surrounded by 6 Public and Private Schools. Only a stone’s thr...

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$12.5M Medical research institute for Gosford

World-class Central Coast Medical School and Research Institute announced for Gosford THE Turnbull government will commit $12.5 million more to the Central Coast Medical School and Medical Research Institute in Gosford so it can attract world-class academics and medical professionals when ...

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Upgrade to the M1 Motorway underway

$145M Updrage between Doyalson and Tuggerah The busy 12-kilometre stretch between Doyalson and Tuggerah will be widened to three lanes in each direction. The work includes rebuilding a 9-kilometre section of the road to provide a “smoother and more durable surface...

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$200M Upgrade to Wyong Hospital, supported by both parties

Major Infrastructure upgrades for the Wyong-Warnervale area healthcare systems Major improvements to the Wyong Hospital have been set in stone with the confirmation of funding from both political parties. Work is expected to start in February 2018 on a 500 space car park with the additional ...

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$150M upgrade to Warnervale, new town centre and rail station

  Warnervale tipped to receive a major boost to economy with new town centre Recent work towards to the future construction of the Warnervale Town Centre has begun with the approval of various Developmental Approvals. Some of these approvals include: • Development Control Plan ap...

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