Investment

A SMART INVESTMENT

Strong drivers of demand in the Gosford apartment market are higher than average amenity and liveability offerings, such as schools, retail, entertainment, public transport and health. Archibald also benefits from increased value attached to locations near water.

$1,460 Average Weekly Household Income
39 years Average Age
47.7% Currently Renting Apartments

YIELD AND RETURN

Apartment markets in Gosford have benefitted from the work-from-home (WFH) phenomena whereas apartments in Greater Sydney have been hampered by it. The Gosford apartment market saw prices rise 45% (32% in real terms), compared to the Sydney market’s rise of 9%.

4.4% Apartment Rent
0.5% Gosford Vacancy Rate
$500 Gosford Current Median Rent

GOSFORD AND THE LARGER CENTRAL COAST ARE EXPERIENCING DECLINING VACANCY RATES AND INCREASING RENTS, PROVIDING THE IDEAL ENVIRONMENT FOR INVESTORS.

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Gosford is highly attractive for tenants seeking a laid-back, comfortable lifestyle with convenient access to transport, employment, facilities, and entertainment. Long-term growth in the area combined with ALAND’s 0.5% vacancy rate provides a growing rental return on your investment.

EMPLOYMENT

Top four industries projected to have the most growth 2021-36:

+2,301 Health Care and Social Assistance Jobs
+1,232 Public Administration and Safety Jobs
+883 Accommodation and Food Services Jobs
+856 Professional, Scientific and Technical Services Job
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Gosford has outperformed the Sydney market by a substantial margin in terms of the apartment market. The cost of land will continue to push the market towards higher density and apartments. As the prices are relatively low compared to Newcastle and Sydney, one vital area for investors to look for is buying off the plan apartments.

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PHONE

1800 025 263

OPENING HOURS

Thursday to Saturday: 10.00am – 4.00pm or by prior appointment