Corelogic Research figures show that Toukley listings increased by 50% between September and early October.
It demonstrated that sellers have decide to list properties for sale as the busy summer season approaches. Toukley’s median price for a four-bedroom house is $757,000 and there are currently around 150 properties for sale in the area on Domain.
Compare that to “glamour” seaside suburbs like Terrigal where the median price for a four-bedroom home is $1.2m and you get an idea how attractive Toukley is for buyers.
Toukley was the retirement capital of the coast in years gone by and it still has a large proportion of seniors making up the 6000 plus population.
It is known for its excellent building regime with most blocks either flat or gently sloped. Wide streets, lake views and large blocks are the order of the day.
There is also a lack of medium density and high-rise buildings which is attractive to homebuyers looking for freestanding, private locations.
All areas of Toukley are within easy reach of Budgewoi Lake and Tuggerah Lake to the south, with the redeveloped Canton Beach public park and beach attractive to locals and visitors alike.
Five minutes to the east is the stunning Soldiers Beach and the sheltered rockpools of Hargraves Beach.
Toukley’s housing stock is generally solid construction with a better quality of home than other areas on the northern Central Coast. This is because cashed up retirees from the city were intent on building good quality homes when they moved to the Coast.
The impressive Toukley Golf Club and the bowling and social clubs of the peninsula were also key attractions for citysiders relocating to the Central Coast.
Easy access to quality shopping centres is another factor, with both Coles and the new Aldi development, set away from the main shopping area and providing easy parking.
On the southern end of the Coast, leafy and well-connected Point Clare is also undergoing a mini boom. Corelogic figures show listings have also increased by 50% in the past month.
In terms of million-dollar newcomers, houses in North Avoca were deemed Greater Sydney’s strongest newcomer with a median value now at $1,466,568, up from $991,507 a year ago.
