JESS VERRENDER | Central Coast Gosford Express Real Estate | APRIL 29, 2020
The Central Coast property market may benefit from some trends that are likely to emerge post COVID-19, experts are saying.
Experts say that some trends likely to emerge post COVID-19 could benefit the Central Coast property market.
Property experts are suggesting that the Central Coast housing market may benefit from some trends that are likely to emerge post COVID-19.
With workers realising the viability of working from home and retirees keen to escape populated areas, the coastal region north of Sydney might be the perfect escape for potential buyers.
“The Central Coast market was trending upwards late in 2019 and early in 2020, before the onset of the virus shutdown period, and is set to be a strong market longer-term,” HotSpotting’s Terry Ryder said.
“This trend will be further exacerbated by the current situation, which is forcing people to work from home. Some will make it a permanent arrangement.”
With property significantly cheaper and a location just an hour and a half north of Sydney, Central Coast Buyers Agent Matt Sharp said that it would be a no-brainer for Sydney buyers to make the move north.
Realestate.com’s Chief Economist Nerida Conisbee recently told the Daily Telegraph that regional search activity has continued to grow since COVID-19 restrictions, as Australian’s began to reassess their housing situations.
And it is not only Sydney workers that might start looking further afield.