Are Central Coast House Prices Dropping? A Clear Look at the 2025 Market

Team Keelan Insights

When the market moves quickly, headlines can become confusing. Some reports claim prices are surging, while others suggest conditions are cooling. The reality on the Central Coast in 2025 is far more balanced — and far more positive — than many broad statements suggest.

Across most suburbs, house prices have continued to grow steadily over the past year. A small portion of the region has softened, but these movements are tied to specific price brackets rather than a broad market downturn.

Below is a clear, data-driven look at what’s actually happening.

Central Coast Suburbs Showing the Highest Growth

Median House Price Changes — 12 months to June 2025

Source: Domain House Price Report, June Quarter 2025

Suburb	Median Price	Annual Change
Long Jetty	$1,160,000	+22.1%
Bateau Bay	$1,150,000	+21.1%
Mardi	$930,000	+17.0%
Wyong	$790,000	+13.7%
Avoca Beach	$1,700,000	+11.5%
Halekulani	$730,000	+11.5%
San Remo	$740,000	+10.4%
Point Clare	$1,025,000	+10.0%
Kanwal	$808,000	+9.6%
Lake Munmorah	$790,000	+9.6%
Springfield	$996,000	+9.3%
Killarney Vale	$922,500	+8.8%
Ettalong Beach	$1,120,000	+8.5%
Watanobbi	$777,500	+8.0%
Woy Woy	$886,000	+8.0%
Ourimbah	$860,000	+7.4%
Kincumber	$1,089,000	+6.8%
Mannering Park	$730,000	+6.6%
Woongarrah	$955,000	+6.4%
Blue Haven	$770,500	+6.3%

The majority of suburbs across the Coast have recorded steady to strong annual growth, with several experiencing significant double-digit increases.

Suburbs Where Prices Softened

A small portion of the Central Coast recorded price declines over the year. This is normal in a region with varied price points and does not reflect a wider downturn.

These changes were generally concentrated in higher-priced, upper-median suburbs — areas that had already experienced substantial growth in prior years and tend to react more noticeably to interest rate shifts and buyer capacity.

Key factors behind softening in these price brackets include:

· Elevated entry price points

· Increased sensitivity to interest rate movements

· Smaller buyer pools at higher price ranges

· Reduced discretionary spending

· Lower activity from prestige buyers and downsizers

This softening is specific to these higher-priced segments. It does not reflect the performance of mid-range lifestyle suburbs, many of which recorded some of the strongest growth on the Central Coast.

Why Affordable and Commuter Suburbs Are Leading Growth

Suburbs with the strongest performance share several common traits:

· Competitive entry price points

· Strong demand from first-home buyers and young families

· Proximity to heavy rail, motorways and major transport links

· Tight rental markets

· Solid owner-occupier presence

· Renovation and value-add appeal

This combination has fuelled consistent demand, particularly from buyers relocating from Sydney in search of affordability, space and lifestyle.

So, Are Central Coast House Prices Dropping?

In broad terms, no.

Most suburbs across the Central Coast have continued to experience positive annual growth. The softening seen in a small number of upper-median suburbs reflects price bracket sensitivity rather than a region-wide downturn.

A more accurate summary is:

The Central Coast is experiencing a two-speed market — strong growth in affordable and commuter-accessible suburbs, with mild adjustments in some higher-priced pockets.

This pattern is typical for a maturing regional market and indicates continued resilience overall.

What This Means for Homeowners

The Central Coast is now highly suburb-specific. Two homes only minutes apart can perform differently depending on:

· Local supply levels

· Buyer demographics

· Transport access and amenities

  Rental demand

· Affordability trends

· Recent comparable sales

Because of these variations, broad market statements rarely provide an accurate picture.

Understanding your property’s true position — and its current value — requires a suburb-level assessment supported by up-to-date data and buyer demand insights.

Disclaimer

All figures and median values are sourced from the Domain House Price Report (June Quarter 2025), published September 2025. Data is the property of Domain and is used here for informational purposes only.