The Central Coast of Australia’s suburbs is a beautiful New South Wales region between Sydney and Newcastle.
With stunning beaches, national parks, and a relaxed lifestyle, it is no surprise that the suburbs on the Central Coast are becoming increasingly popular among Australians looking for a more affordable place to live. Many are slowly discovering that the Central Coast is one of the best places to live in NSW.
We’ve made a list of the cheapest suburbs central coast. This guide explores the median capital city price, the most affordable suburb, and other important details.
And when you’re ready to check out other areas in the state, our round up of NSW houses under $400k and cheap beach houses for sale in NSW can help you get started.
Recommended Reading: Central Coast Property Market in 2023
List of 8 cheapest suburbs on the Central Coast:
Lake Munmorah
- Median house price: $692,500
- Median unit price: $500,000
Lake Munmorah, located on the Central Coast of NSW, offers an affordable option for those looking to buy or rent a house. The median house prices in Lake Munmorah cost around $750, which is significantly lower than the median price in capital cities.
In addition, this suburb has stunning beaches and easy access to nature parks. What’s even better? The property prices in this Central Coast suburb are dropping. This might be your chance to snag your dream home.
Check out more properties for sale in Lake Munmorah.
San Remo
- Median house price: $651,500
- Median unit price: –
San Remo is located on the Central Coast and is ideal for those looking for the cheapest suburbs on the central coast. With a steady cent price growth and the most affordable houses, San Remo offers a variety of housing options that cater to all budgets.
Some of the cheapest houses on the Central Coast can be found in this suburb, with many listings for those looking to buy or rent.
Check out more properties for sale in San Remo.
Chain Valley Bay
- Median house price: $776,250
- Median unit price: $540,000
This is a serene suburb on the Central Coast. The area is a masterpiece of beautiful scenery and beautiful landscape.
High land surrounds the suburb, creating an idyllic environment for those seeking a quiet place to call home. Not only that, but it also has a wide range of choice locations, making it an excellent choice for seekers of affordable property in a tranquil area.
Check out more properties for sale in Chain Valley Bay.
Mannering Park
- Median house price: $680,000
Mannering Park is a hidden gem on the central coast with various property options. It offers the most affordable houses; thus, it is an ideal place for home buyers and property investors.
Mannering Park has a relaxed and friendly atmosphere, with easy access to beautiful lakes, parks, and beaches. Its properties have seen a surge in demand in recent years partly due to their affordability.
Check out more properties for sale in Mannering Park.
Gorokan
- Median house price: $670,000
- Median unit price: $484,000
Looking for cheap property on the Central Coast? Gorokan might be the perfect suburb for you. Its superb location and general nature make it an ideal place to call home.
You can find properties in Gorokan that are 2-4 times cheaper than other areas of the Central Coast. This location is perfect for those on a tight budget.
Check out more properties for sale in Gorokan.
Wyee
- Median house price: $875,000
- Median unit price: $770,000
Consider Wyee if you are ever searching for a suburb that offers excellent value for money. The area has an aura of tranquillity that you need if you desire a peaceful and relaxed lifestyle.
What’s more, you can find properties in Wyee that are much cheaper than other areas of the Central Coast, making it a budget-friendly option. If you desire the serene environment of the suburb but want to be within the city, Wyee might be the perfect place for you.
Check out more properties for sale in Wyee.
Tuggerawong
- Median house price: $810,000
- Median unit price: $650,000
Tuggerawong is a picturesque suburb on the Central Coast of New South Wales, Australia. With a population of around 3,000, it offers a calm and peaceful lifestyle.
Surrounded by beautiful waterways and national parks, Tuggerawong provides opportunities for outdoor activities such as fishing, boating, and bushwalking. The suburb has a variety of shops, cafes, and restaurants and is well-connected to nearby towns and cities by public transport.
Check out more properties for sale in Tuggerawong.
Woongarrah
- Median house price: $870,000
- Median unit price: $720,000
Nestled on the Central Coast of New South Wales, Woongarrah is a peaceful and family-friendly suburb. Home to around 6,000 residents, it boasts scenic parks, playgrounds, and recreational areas perfect for outdoor activities.
The suburb is also well-connected to nearby cities by public transport. With its friendly community and peaceful surroundings, Woongarrah suits those seeking a comfortable and convenient lifestyle.
Check out more properties for sale in Woongarrah.
Discover more about Central Coast’s reasonably priced suburbs
What is the median house price in the suburbs of the Central Coast?
The median house price in the Central Coast suburbs is around $705,000. On the higher end of the spectrum are the most expensive suburbs on the Central Coast with median house prices surpassing the $2.5 million mark like Killcare.
What are the most affordable suburbs on the Central Coast?
The most affordable suburbs on the Central Coast are Lake Munmorah, San Remo, and Chain Valley Bay.
Is the housing market on the Central Coast stable?
Many Sydney buyers now consider the Central Coast for their housing prices. Moreover, the housing market on the Central Coast has experienced many years of stability.
Where is the best place to live on the Central Coast?
The Central Coast boasts a plethora of inviting neighborhoods that beckon young families in search of expansive surroundings and an enhanced living experience. Umina Beach and Ettalong Beach stand out as the prime family havens in the heart of the Central Coast.