North Avoca home breaks suburb and beachfront records

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.

This North Avoca property has smashed the previous suburb and beachfront record.

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.

The property previously sold for $2.95m in 2008 and $3m in 2016.

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.

On offer for a price guide of $12m, 57 Village Rd is open for expressions of interest until August 9.

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.

The Saratoga property features a private jetty and a floating pontoon.

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.

This Daleys Point property has a price guide of $5.5m.

“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.”
MORE:
Fitzy and Wippa sidekick makes $2.7m lifestyle change
Epic Double Bay units listed for up to $25m
Revealed: biggest sacrifice buyers make to raise deposit

The post North Avoca home breaks suburb and beachfront records appeared first on realestate.com.au.

Please follow and like us:
North Avoca home breaks suburb and beachfront records

Leave a Reply

Your email address will not be published.

Scroll to top