How is the Central Coast Rental Market?

By January 14, 2020 No Comments
1 minute read

We bring to you an interview conducted by Mike Mortlock, Managing Director of MCG Quantity Surveyors and Kelley Seaton, Director of The Leasing Network.  They met at Lexus of the Central Coast, which is located at Kariong near to the Gosford entry to the Central Coast to discuss “How is the current Central Coast rental market?”

In the interview, Kelley states whilst there are new developments still under construction in Gosford, and further north of the coast around Hamlyn Terrace, Wadalba and Woongarrah, a large portion of the Central Coast housing estates are already developed.  There are very few homes available for the long wait list of prospective tenants.

The Leasing Networks, current average days on market is 6 days, which is quite low compared to the current market place.  In this interview Kelley explains that The Leasing Network has recently turned around properties within a 2 day vacancy period. This is almost unheard of.

When advertising a property for lease, we highly recommend engaging a professional photographer, using floor plans, and 360 virtual tours of vacant homes to gain more exposure, in particular for those prospective tenants who are finding it difficult to inspect due to work commitments or are transferring interstate for work.  A floor plan and virtual tour can help a prospect tenant see the property and increase the potential prospective tenant selection for the property owners.  This is partly the reason why we are finding the Central Coast market tight for tenants. But great for property investors.

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Kelley Seaton - Director - Licensee In Charge

This year, Kelley celebrates 27 years of experience in Real Estate Property Management. She is a Licensed Real Estate Agent, and opened her own Property Management business in 2009.

Kelley has worked through different roles in her real estate career commencing in 1994 as a receptionist on … View full profile