{"id":36741,"date":"2022-01-18T12:39:42","date_gmt":"2022-01-18T01:39:42","guid":{"rendered":"https:\/\/cms.star1045.com.au\/?p=36741"},"modified":"2022-01-18T12:47:05","modified_gmt":"2022-01-18T01:47:05","slug":"central-coast-leads-the-way-with-a-45-4-increase-in-land-value-year-on-year","status":"publish","type":"post","link":"https:\/\/cms.star1045.com.au\/home\/central-coast-leads-the-way-with-a-45-4-increase-in-land-value-year-on-year\/","title":{"rendered":"Central Coast Leads The Way With A 45.4% Increase In Land Value Year On Year"},"content":{"rendered":"\n<p>If you\u2019re thinking of selling, then now could be the time because the NSW Valuer General has revealed land value across the Central Coast has soared by 45.5%.<\/p>\n\n\n\n<p>Residential land values across NSW has increased by 24.8% overall from $1.4 trillion to $1.8 trillion, with the largest increases in residential values occurring in Hunter Coast, which takes in the Central Coast, Lake Macquarie, Newcastle and Port Stevens LGAs.<\/p>\n\n\n\n<p>The annual report found the total land value for the Hunter Coast area has soared 36.6% between July 1, 2020, and July 1, 2021, from $124.8 billion to $170.5 billion.<\/p>\n\n\n\n<p>The Central Coast was the biggest mover and shaker for the Hunter Coast area, with total residential land value soaring by 45.4%.<\/p>\n\n\n\n<p>Commercial value also rose by 29.4% across the Hunter Coast area, with Umina Beach and Ettalong Beach experiencing the largest increases on the Central Coast, consistent with surrounding residential values.<\/p>\n\n\n\n<p>Not to be outdone, industrial land value across the Hunter Coast area also increased very strongly by 27.6% with industrial precincts in Erina and Kincumber experiencing the strongest increase on the Central Coast.<\/p>\n\n\n\n<p>NSW Valuer General Dr David Parker said the increase across the board can be put down to more and more buyers looking to the region thanks to it being a short commute to Sydney and affordable coastal living.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThe residential market has experienced a continuing trend of buyers focusing on regional areas in search of greater affordability and preferred lifestyle options,\u201d Dr Parker said,<\/p><\/blockquote>\n\n\n\n<p>\u201cThis green change, tree change, sea change and ski change has been exacerbated by greater employer flexibility in work locations as a result of home working during COVID.\u201d<\/p>\n\n\n\n<p><em>Listen via the Star 104.5 Player, download it now via the <\/em><a href=\"https:\/\/apps.apple.com\/au\/app\/star-104-5-central-coast\/id1068731232\"><em>App Store<\/em><\/a><em> or <\/em><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=au.com.star1045\"><em>Google Play<\/em><\/a><em> and take Star 104.5 wherever you go.<\/em><\/p>\n\n\n\n<p><em>Images:&nbsp;Supplied <\/em><\/p>\n\n\n\n<p><em>By Bek Lougher<\/em><\/p>\n\n\n\n<p><strong>SEE MORE:&nbsp;<\/strong><a href=\"https:\/\/cms.star1045.com.au\/home\/get-ready-to-make-a-splash-cause-there-is-a-massive-water-park-coming-to-lake-macquarie-in-2023\/\">Get Ready To Make A Splash \u2018Cause There Is A Massive Water Park Coming To Lake Macquarie in 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re thinking of selling, then now could be the time because the NSW Valuer General has revealed land value across the Central Coast has soared by 45.5%. Residential land values across NSW has increased by 24.8% overall from $1.4 trillion to $1.8 trillion, with the largest increases in residential values occurring in Hunter Coast, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":21550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,13],"tags":[1381],"geo_market":[],"class_list":["post-36741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-lifestyle","tag-best-of-the-web"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.2.1 (Yoast SEO v23.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Central Coast Leads The Way With A 45.4% Increase In Land Value<\/title>\n<meta name=\"description\" content=\"If you\u2019re thinking of selling, then now could be the time because the NSW Valuer General has revealed land value across the 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