New Development Projects Advance Across Central Coast Suburbs

Two mixed-use projects cleared final planning hurdles in June, one on Mann Street in Gosford and the other at the Terrigal waterfront near the old surf club site.

The approvals coincide with upgrades to the Central Coast rail line that cut travel times to Sydney’s Central station by up to 20 minutes on peak services. Commuters from the northern beaches and lower Central Coast have already started shifting their search areas, pushing demand for both rental stock and entry-level homes closer to stations.

Projects in Gosford and Terrigal

The Gosford scheme will replace three low-rise commercial buildings with 210 apartments and ground-floor retail between Donnison and Henry Parry Drive. A separate 78-townhouse development is slated for Avoca Beach’s western edge, on land formerly used by a bowling club. Central Coast Council listed both sites in its latest quarterly development pipeline report issued on 3 July.

Local real-estate agents report steady inquiry from Sydney-based buyers who want to lock in contracts before the projects reach practical completion in late 2028. Several streets around Gosford station have seen renewed interest in older weatherboard homes that could suit knockdown-rebuild buyers.

Scale and timing

The NSW Department of Planning, Housing and Infrastructure lists the Central Coast Regional Plan 2041 target of 41,000 additional dwellings by 2041. Both current projects count toward that goal and will be staged over four years, according to documents lodged with the council.

Prospective buyers should monitor the Central Coast Council website for exhibition periods on remaining stages and contact local conveyancers early to understand strata-title implications in the new buildings.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.