went looking for a holiday home/short term rental in the entrance and things seemed a bit desperate up there. No one at open homes, prices dropped, agents working really hard...anyone have insight on the area? Or does anyone own a holiday home at the Entrance? I know it's prob not the best financial decision, but seems like a great weekender area.
I've got family that live up there and while it has developed a little bit over the years, the main issues include: it's a lower socioeconomic area with high youth unemployment and an ageing population. Also a bit of antisocial behaviour with some of the highest rates of domestic violence on the Central Coast. Lots of people that live around that way tend to commute out of the area for work. Gets a bit more action around the beaches in summer but it's pretty dead up there around autumn/winter. Also to be honest there isn't a great deal to do there. I do believe it has had some growth over the years, probably as a direct result of the Sydney boom, nearby infrastructure and people moving further out for affordability, but there might be someone on here who knows that market much better.
Gosford’a ongoing gentrification is driving lower socioeconomic further up the coast so not much going for this area unless more employment is generated which is unlikely in near future.
Have a look at long jetty, Shelley beach, Killarney vale. One suburb away can make a massive difference. Plenty of houses nudging a million in these areas. I know long jetty and Killarney have gone up 17 and 20% each in the past year alone. Lake side of both these suburbs are great spots.
