Central Coast Residential Property Market Report 2011

Robertson & Robertson provide valuation advice to the NSW Valuer General as part of the annual assessment of land values for the Central Coast. These activities provide an opportunity to analyse large volumes of property transaction data. Following is a property market analysis for the Central Coast region.

Annual Sales Activity – Central Coast

Source: Robertson & Robertson

Sales activity on the Central Coast declined in 2010, continuing the recent volatile trend centred around the time of the GFC impact. A significant fall in sales of detached dwellings (houses) is behind the overall decrease in activity, with trading of all other property categories slightly stronger than the previous year. These results reflect the impact of the government stimulus to the first home buyer segment (and its associated multiplier effects) now having passed completely through the market.