Back in July 2017, the NSW government announced that stamp duty would be waived on properties under $650,000 plus a partial exemption would be granted to properties up to $800,000. So, if you’re a serious home buyer, the Central Coast awaits you with house prices averaging less than $650,000 across the board. Interestingly, consensus is that buyers are not only getting a bigger property and more value for their money.
Are you a Sydney homebuyer who has been priced out of the market making owning a home almost impossible? Well, the Central Coast, bounded by the Hawkesbury River, the Watagan Mountains and Lake Macquarie, offering an idealic lifestyle for families and retirees alike, may be the answer.
The Central Coast with its lush bushlands of national parks to its tranquil lakes and famous beaches is a popular getaway location for Sydneysiders. The added bonus is that most towns within the central coast region are just two hours from Sydney and, one of the most popular destinations is Summerland Point, only a 90 minute commute to Sydney offering spacious properties close to Lake Macquarie with median house prices sit around $531,000.
A number of neighbouring suburbs reside in the stunning natural environment of the Tuggerah Lakes Estuary where buyers are finding properties below the threshold in towns surrounding Lake Budgewoi including Charmhaven, San Remo, Halekulani, Budgewoi, Canton Beach and Gorokan. These suburbs, along with Mannering Park, Lake Munmorah and Chain Valley Bay not only represent value for money but employment in the services, industrial, manufacturing, finance, building and tourism opportunities await you.
Added to this, the Central Coast Council is constructing an 11-storey ‘world class’ hospital in Gosford due to open at the end of 2019 along with further scheduled regional infrastructure to accommodate the growing population.
So, take advantage of the government’s stamp duty incentive and purchase a property on the Central Coast and enjoy the sub-tropical climate, quality beaches, tertiary institutions, career opportunities, sporting facilities – football, soccer, golf courses, skate parks, tennis courts and swimming pools.
It’s all here waiting for you.