A newspaper article in the Central Coast Express Advocate last week has real estate afficionados cheering.
It states that properties on the Central Coast are bucking the Sydney trend, and are forecast to jump by 8 percent next year.
The reason for this is that Sydney residents income levels have not kept pace with the higher Sydney prices, and so the Central Coast has become very attractive to them.
Population growth on the Coast remains strong, and first home buyers are very active locally, which will help drive the real estate market further.
Furthermore, the ABC reported recently that some regional housing markets are surging - and one of the surging areas is the Hunter Valley. The Regional Australia Institute attributes the growth to unaffordable major city prices which sends city-dwellers looking for price and lifestyle in places like the Hunter.
So it's full steam ahead for Central Coast and Hunter Valley markets!