Investment property in Gosford has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.45%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gosford has increased when compared to the 5 year average annual rate.
Property buyers and investors in Gosford 2250 should be seeing an average reduction in asking price of around -5.41% . This means that Gosford is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $19760 per annum or $380 every week.
Information supplied by:
Rental spaces are quite available
Median unit price: $440,000
Vacancy rate: 5.2%
Three-year growth: 18.0%
Right in the heart of the Central Coast is the suburb of Gosford. This region is known for its national parks, proximity to beautiful waterways and beaches.
Activities of choice are swimming, surfing, diving, kayaking and fishing. Terrigal, Avoca Beach and Ettalong Beach are among the best spots for visitors. Those who prefer to stay dry can go bushwalking, ride horses or pedal up the hills. The Australian Reptile Park makes it home here, and a ferry goes from Palm Beach to Ettalong Beach, offering stunning views of the scenery in the process.
While visitors find Gosford appealing, renters may not, as the average vacancy rate shot up from 4.2% in January 2019 to 5.2% a year later. Weekly rents come in at an average of $380, and landlords are able to reap a 4.5% return.