Bouddi Peninsula
Suburb due-diligence
Hardy's Bay, Pretty Beach, Killcare, MacMasters Beach & Wagstaffe
The Bouddi Peninsula is a coastal South-Eastern suburb of the Central Coast. The suburbs that we like in the region are Killcare, Killcare Heights, Hardys Bay, Pretty Beach, Wagstaffe and MacMasters Beach. You have access to our research, area maps, suburb data and sold properties for reference.
The Numbers
Population
2,801
Increasing/Decreasing Population
The population has remained steady since 2006 showing continual growth in the area.
Vacancy Rates
1.7% and this has decreased over the past 12 months showing demand is growing in the area
Average Days on Market
138 days on average to sell a home.
Auction Clearance Rates
Most properties sell by private treaty.
Ratio of Renters to Owner Occupied
30% are renters / 70% are owner occupied. We prefer renters to be under 35%. More owner occupiers generally mean properties are better looked after in the area.
Supply vs. Demand
DSR (Demand Supply Ratio) score of 56. The DSR is a number out of 100 that gauges the demand relative to supply for a residential property market. We look for this to be always over 50. 60 is great, 70 is excellent.
Housing Affordability
23% of the household income on average goes towards paying the mortgage in the region. We prefer this number to be under 40%.
Median Rental Return (Short Term)
$2,400/wk
There aren't sufficient data representing long term rentals as holiday leases are popular in this region. However, for budgeting purposes, you could take $500 - $600/wk.
Median House Price -
(MacMasters Beach)
3 bedroom - $827,500
4 bedroom - $972,000
5 bedroom - $1,036,000
Recent Sold Price Range -
3 bedroom - $1.2m - $3.4m
4 bedroom - $1.2m - $1.5m
5 bedroom - $1.3m - $2.95m
For Sale Now (Online) -
3 bedroom - 3
4 bedroom - 4
5 bedroom - 1
Last 12 Months Capital Growth -
(MacMasters Beach)
13.48%
Renovation Potential
Based on our parameters, the region presents ok value for renovating based on the median price of properties sold un-renovated vs. properties sold renovated. If this was the key strategy, we wouldn't recommend buying in the region.
Infrastructure
Click here for the Central Coast Infrastructure Priority List
Public Transport
Closest train station - Woy Woy and/or Gosford (20 minutes to either by car).
Time to Sydney CBD - 1h 25m from Woy Woy 1h 32m from Gosford.
Schools Catchment
Pretty Beach Public School - 1km
Holy Cross Catholic School - 7km
Kincumber High - 7km
Central Coast Adventist - 10km
Gosford High - 12km
Central Coast Rudolf Steiner - 21km
St Peters Catholic College - 25km