If you compare the increase in value of investment property in Gosford, 2250 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.81%.
If we look at median property appreciation over just the last three months, Gosford has given property investors a paper return of -1.70%. This puts Suburb as 271 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -7.70% to buyers in Gosford at the moment, which is less than average for the rest of NSW.
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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.