8 Cheapest Suburbs On The Central Coast - Soho Real Estate (2024)

Buying

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (1)

Soho

September 20, 2023

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (2)

Key takeaways:

    • These lovely locations are home to over 300,000 people.
    • The region spans over 1,000 square kilometres.
    • The area has several national parks, including Brisbane Water National Park and Bouddi National Park.

The Central Coast of Australia’s suburbs is a beautiful New South Wales region between Sydney and Newcastle.

With stunning beaches, national parks, and a relaxed lifestyle, it is no surprise that the suburbs on the Central Coast are becoming increasingly popular among Australians looking for a more affordable place to live. Many are slowly discovering that the Central Coast is one of the best places to live in NSW.

We’ve made a list of the cheapest suburbs central coast. This guide explores the median capital city price, the most affordable suburb, and other important details.

And when you’re ready to check out other areas in the state, our round up of NSW houses under $400k and cheap beach houses for sale in NSW can help you get started.

Recommended Reading: Central Coast Property Market in 2023

List of 8 cheapest suburbs on the Central Coast:

Lake Munmorah

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (3)
  • Median house price: $692,500
  • Median unit price: $500,000

Lake Munmorah, located on the Central Coast of NSW, offers an affordable option for those looking to buy or rent a house. The median house prices in Lake Munmorah cost around $750, which is significantly lower than the median price in capital cities.

In addition, this suburb has stunning beaches and easy access to nature parks.What’s even better? The property prices in this Central Coast suburb are dropping. This might be your chance to snag your dream home.

Check out more properties for sale in Lake Munmorah.

San Remo

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (4)
  • Median house price: $651,500
  • Median unit price:

San Remo is located on the Central Coast and is ideal for those looking for the cheapest suburbs on the central coast. With a steady cent price growth and the most affordable houses, San Remo offers a variety of housing options that cater to all budgets.

Some of the cheapest houses on the Central Coast can be found in this suburb, with many listings for those looking to buy or rent.

Check out more properties for sale in San Remo.

Chain Valley Bay

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (5)
  • Median house price: $776,250
  • Median unit price: $540,000

This is a serene suburb on the Central Coast. The area is a masterpiece of beautiful scenery and beautiful landscape.

High land surrounds the suburb, creating an idyllic environment for those seeking a quiet place to call home. Not only that, but it also has a wide range of choice locations, making it an excellent choice for seekers of affordable property in a tranquil area.

Check out more properties for sale in Chain Valley Bay.

Mannering Park

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (6)
  • Median house price: $680,000

Mannering Park is a hidden gem on the central coast with various property options. It offers the most affordable houses; thus, it is an ideal place for home buyers and property investors.

Mannering Park has a relaxed and friendly atmosphere, with easy access to beautiful lakes, parks, and beaches. Its properties have seen a surge in demand in recent years partly due to their affordability.

Check out more properties for sale in Mannering Park.

Gorokan

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (7)
  • Median house price: $670,000
  • Median unit price: $484,000

Looking for cheap property on the Central Coast? Gorokan might be the perfect suburb for you. Its superb location and general nature make it an ideal place to call home.

You can find properties in Gorokan that are 2-4 times cheaper than other areas of the Central Coast. This location is perfect for those on a tight budget.

Check out more properties for sale in Gorokan.

Wyee

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (8)
  • Median house price: $875,000
  • Median unit price: $770,000

Consider Wyee if you are ever searching for a suburb that offers excellent value for money. The area has an aura of tranquillity that you need if you desire a peaceful and relaxed lifestyle.

What’s more, you can find properties in Wyee that are much cheaper than other areas of the Central Coast, making it a budget-friendly option. If you desire the serene environment of the suburb but want to be within the city, Wyee might be the perfect place for you.

Check out more properties for sale in Wyee.

Tuggerawong

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (9)
  • Median house price: $810,000
  • Median unit price: $650,000

Tuggerawong is a picturesque suburb on the Central Coast of New South Wales, Australia. With a population of around 3,000, it offers a calm and peaceful lifestyle.

Surrounded by beautiful waterways and national parks, Tuggerawong provides opportunities for outdoor activities such as fishing, boating, and bushwalking. The suburb has a variety of shops, cafes, and restaurants and is well-connected to nearby towns and cities by public transport.

Check out more properties for sale in Tuggerawong.

Woongarrah

8 Cheapest Suburbs On The Central Coast - Soho Real Estate (10)
  • Median house price: $870,000
  • Median unit price: $720,000

Nestled on the Central Coast of New South Wales, Woongarrah is a peaceful and family-friendly suburb. Home to around 6,000 residents, it boasts scenic parks, playgrounds, and recreational areas perfect for outdoor activities.

The suburb is also well-connected to nearby cities by public transport. With its friendly community and peaceful surroundings, Woongarrah suits those seeking a comfortable and convenient lifestyle.

Check out more properties for sale in Woongarrah.

Discover more about Central Coast’s reasonably priced suburbs

What is the median house price in the suburbs of the Central Coast?

The median house price in the Central Coast suburbs is around $705,000.

What are the most affordable suburbs on the Central Coast?

The most affordable suburbs on the Central Coast are Lake Munmorah, San Remo, and Chain Valley Bay.

Is the housing market on the Central Coast stable?

Many Sydney buyers now consider the Central Coast for their housing prices. Moreover, the housing market on the Central Coast has experienced many years of stability.

Where is the best place to live on the Central Coast?

The Central Coast boasts a plethora of inviting neighborhoods that beckon young families in search of expansive surroundings and an enhanced living experience. Umina Beach and Ettalong Beach stand out as the prime family havens in the heart of the Central Coast.

About Soho

https://soho.com.au

Soho is your expert team in Australian real estate, offering an innovative platform for effortless property searches. With deep insights into buying, renting, and market trends, we guide you to make informed decisions, whether it's your first home or exploring new suburbs.

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8 Cheapest Suburbs On The Central Coast - Soho Real Estate (2024)

FAQs

8 Cheapest Suburbs On The Central Coast - Soho Real Estate? ›

EVI for Central Coast communities. Blue Haven and San Remo are at highest risk, followed by other high risk suburbs, Wyong, Toukley, Norah Head, Summerland Point, Gwandalan, Lake Munmorah, Mannering Park, Budgewoi, Buff Point and Halekulani.

What are the most sought after suburbs on the Central Coast? ›

  • Copacabana. Copacabana is one of the more successful suburbs in terms of property growth, within the Central Coast region, with median house prices reaching up to $1,900,000 in the past 2 years. ...
  • Killarney Vale. ...
  • Avoca Beach. ...
  • Ettalong Beach. ...
  • Terrigal. ...
  • Bateau Bay. ...
  • Tascott.
Jan 11, 2024

Where not to live on the Central Coast? ›

EVI for Central Coast communities. Blue Haven and San Remo are at highest risk, followed by other high risk suburbs, Wyong, Toukley, Norah Head, Summerland Point, Gwandalan, Lake Munmorah, Mannering Park, Budgewoi, Buff Point and Halekulani.

What is the richest area in the Central Coast? ›

Holgate is the most prestigious suburb on the Central Coast, not only due to having the highest median house price, but residents in the area benefit from the exclusive and private community, access to the prestigious Central Coast Grammar School.

What are the predictions for the Central Coast property? ›

Propertology head of research Simon Pressley forecasts Central Coast property prices will rise between +2 and +5 per cent in 2024, saying the region will always be popular with Sydneysiders seeking “less congestion.”

What is the best suburb on the Central Coast? ›

The 10 Best Suburbs to Live on the CENTRAL COAST OF NSW: Reviewed and Ranked in 2024
  • Woy Woy – Total Score: 68/100. ...
  • Bateau Bay – Total Score: 70/100. ...
  • Terrigal – Total Score: 72/100. ...
  • Avoca Beach – Total Score: 74/100. ...
  • Long Jetty – Total Score: 76/100. ...
  • Umina Beach – Total Score: 78/100. ...
  • Copacabana – Total Score: 80/100.

Where is a nice place to live on the Central Coast? ›

Umina Beach and Ettalong Beach are two of the most popular suburbs for families on the Central Coast. These suburbs offer easy-to-navigate flat areas that are perfect for walking and biking, making them ideal for families with young children.

What is the safest suburb on the Central Coast? ›

Forresters Beach, Wamberal, Copacabana, MacMasters Beach, Pearl Beach, Patonga: Cinders suggests these areas are safer than most parts of Sydney and offer less crowding than the more popular suburbs. – Avoca, North Avoca, Killcare: Hhha suggests sticking with these areas if you want to be “100% safe.”

Is Central Coast a good investment? ›

The Central Coast presents an attractive opportunity for investors, with relatively affordable property prices compared to major cities like Sydney. However, it is important to note that property prices in the region have been steadily rising, indicating strong growth potential.

What is the safest suburb to live in? ›

Top 10 Safest Suburbs in Sydney
  • Willoughby East. ...
  • Westleigh. ...
  • Gledswood Hills. ...
  • East Ryde. ...
  • Wamboin. ...
  • North Balgowlah. ...
  • Woronora Heights. Number of incidences recorded for the year ending June 2022: 24. ...
  • Camden Park. Number of incidences recorded for the year ending June 2022: 20.
Dec 25, 2023

What is the biggest suburb on the Central Coast? ›

The main urban cluster of the region surrounds the northern shore of Brisbane Water and includes the Coast's largest population centre, Gosford, stretching east to the retail centre of Erina.

What is the property forecast for the Central Coast in 2024? ›

Between 2 and 5% growth [to property values] is expected for 2024.” According to World Population Review, the population of the Central Coast looks set to keep steadily increasing in the coming years, with annual growth projected to exceed 1% by 2026.

Is Avoca Beach a nice place to live? ›

Avoca Beach also provides excellent proximity to major amenities like schools, medical facilities, public transport links, and shopping hubs while maintaining its relaxed village charm. It's the best of both worlds!

Have house prices dropped on the Central Coast? ›

The beachside suburbs where prices fell the most in 2023. The beachside suburb with the biggest drop in values is Forresters Beach on the Central Coast, situated about 90 minutes north of the Sydney CBD. The median value there fell 11.4% over 2023 to $1.46 million, PropTrack data shows – a decrease of about $187,000.

Why are people moving to the Central Coast? ›

For many, the allure of the Central Coast lies not only in its natural beauty but also in its affordability compared to Sydney. As Sydney grapples with a cost of living crisis, marked by exorbitant housing prices and soaring expenses, Sydneysiders are seeking reprieve in neighbouring regions like the Central Coast.

What is the trend in the housing market in the Central Coast? ›

Sales Trends: Units and Houses

In May 2023, the Central Coast real estate market saw a substantial 25% year-on-year decrease in dwelling sales. This decline affected both houses and units, with house sales down by 25% and unit sales experiencing a more significant decline of 27%.

Is Central Coast a good place to invest? ›

The Central Coast of NSW presents a compelling option for property investors, offering a combination of affordability, growth potential, strong rental demand, and a desirable coastal lifestyle.

Is Umina Beach a good investment? ›

If you're thinking about buying an investment property in Umina Beach, consider that rental yields for houses are currently 3.03 % with an average median rent of $ 550 weekly. Houses have seen 1.73 % growth in the past quarter, and -4.05 % growth in the past 12 months.

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