Acquired by Newcastle property developer Winarch Capital in July 2021, Warner Business Park, the 89-hectare industrial block at 671-811 Hue Hue Road and 225 Sparks Road Jilliby is the largest industrial and business development site on the Central Coast, and it has been a sell-out. Winarch acquired the site with Development Approval for an industrial sub-division to be developed in 4 stages comprising 69 lots. Sales Agent for the project, Colliers Newcastle’s Ben Curran told CCBR that...

The latest land values on the Central Coast issued in late January by the NSW Valuer General reveal that Industrial land values have increased by 46.1% between 1 July 2021 and I July 2022. Acknowledging the opening of the NorthConnex linking the M1 Motorway and shortening of travel times from the region into Sydney metropolitan area the VG attributes the rise in values to permanent migration and business relocations.   The land value trends for properties over the period were: Proper...

After twelve years in the wilderness the Central Coast could be coming in from the cold following the March 2023 State Election. From the time they were elected the Liberal government identified with Western Sydney and they threw billions at it.  But on election night it proved to be fruitless. Meanwhile the people of the Central Coast got the message that they were being neglected and further entrenched the region as a Labor stronghold. They went further. In the Terrigal Electorate, ...

As we went to print in late March there was still a large number of pre-poll and postal votes to be counted following the 25th March State Election. Across the state what appeared to be a result that would see the Labor Party with an absolute majority there now a number of seats still to be counted with the result going either way. It doesn’t matter though because with the support of Independents the Minns Government is off and running. Of course, as expected the Members for Wyong, T...

Over the next two years Gosford CBD will experience an explosion of residential accommodation with six high rise projects now under construction. Nearly a thousand residential units are now under construction with completion dates from late 2024 to early 2025 and this means the Gosford CBD population will rise by around 2,000 people. Gosford’s population has already jumped from 3,499 in 2016 to 4,873 in 2021 (ABS Census) and this reflects the building boom of residential units at the ...