Waterfront properties on the Central Coast are continuing to break records despite the property market cooling.
After 6 Bulkara St Wagstaffe smashed Coastal property records earlier this year, there have been a range of homes on the market priced from $5m to $12m.
One property in North Avoca has managed to break the record for the highest price for a beachfront home and set a new record for the suburb.
The five-bedroom, three-bathroom home at 18 North Avoca Parade sold for an undisclosed price via Belle Property agent Cathy Baker.
It is understood to have sold above the previous suburb record of $9m.
It previously sold in August 2008 for $2.95m and again in October 2016 for $3m.
Ms Baker said the increasing demand for a property on the Coast only drove prices higher in the region.
“The trends of working from home and holidaying at home have been a big driver in the unprecedented price hikes we’ve seen in the region and as long as there are flexible working arrangements and a desire to spend more time in nature, people will continue to take advantage of a lifestyle change,” Ms Baker said.
“A lot of the high-end buyers are looking for a retreat and a place to escape. They want to get out of the city to a place that is the opposite of where they live and where the pace of life is slower.”
The Central Coast offers Sydney buyers great housing value, with listings often boasting views of bays, lakes, beaches and bushland.
Open for expressions of interest until August 9, 57 Village Rd in Saratoga offers over 38m of water frontage.
The property features a private jetty, floating pontoon and has a price guide around $12m.
It also includes five-bedrooms, six bathrooms and two garages that can fit three cars.
Another property at 94 Daley Ave in Daleys Point also offers waterfront views with a price guide of $5.5m.
The six-bedroom, five bathroom property offers buyers an infinity mineral pool, deep water jetty and boathouse.
“A second home on the Coast is a great way to enjoy some ‘time out’ or make the most of the flexible work arrangements,” Ms Baker said.
“Thanks to the NorthConnex and working-from-home arrangements, the Coast is more accessible than ever before and this has opened up a whole new world for city buyers looking for their own slice of paradise.”
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