2024
Wamberal Market Report
Steinwede | Hamilton | Bulmer
Your Wamberal Market Report
Wamberal still continues to be one of the hotspots on the east coast of Australia, consistently performing as one of the top searched beachside suburbs in New South Wales, as well as in all of Australia.
We know why we love Wamberal, and the buyers turning to our beautiful suburb for lifestyle, the beach, the golf course, and the amazing people are why Wamberal is a suburb that continues to grow year after year at such rapid rates.
Yes, the last 12 months have been a little tough, navigating 13 straight interest rate rises, negative press, world wars, and an economic downturn. However Wamberal did its best to stay resilient and stable during this time.
We put this down to the supply always staying under control and a really healthy buyer pool no matter the climate.
2024 is a breath of fresh air with a whole new energy and appetite for buying real estate. We are now hearing that interest rates are set to decline in the last two quarters of this year, and we are starting to see some positive press around the grounds. This is a combination that tells us we could have seen and passed the bottom of the cycle, and for the buyers the best buying opportunity as the market starts to slowly increase again.
This year, across the board, we will see great market support, steady demand, and an appetite for purchasing. If you are thinking of selling or would like a personalised market update, please get in touch anytime.
2 Calais Road, Wamberal Sold $4,500,000 Street Record
Wamberal Sales | 12 Months
Number Street Name Bed Bath Car Agent Sale Price Sale Date Property Type 556 The Entrance Rd 5 5 10 McGrath - Terrigal $6,350,000 18/07/2023 House 35 Ocean View Dr 4 2 1 McGrath - Terrigal $5,200,000 29/03/2023 House 2 Calais Rd 5 3 2 McGrath - Terrigal $4,500,000 13/08/2023 House 18 Dover Rd 6 4 2 LJ Hooker Terrigal $3,715,000 20/11/2023 House 145 Ocean View Dr 4 3 2 McGrath - Terrigal $3,700,000 09/12/2023 House 30 Grove Rd 4 3 2 McGrath Terrigal $3,300,000 17/06/2023 House 16 Pacific St 3 2 2 LJ Hooker - Terrigal $3,275,000 11/05/2023 House 23 Hilltop Rd 5 3 2 McGrath - Terrigal $3,200,000 02/08/2023 House 27 Lumeah Ave 4 3 2 McGrath - Terrigal $3,100,000 14/07/2023 House 327 Tumbi Rd 6 3 12 George Brand Real Estate - Kincumber $2,820,000 02/08/2023 House 52 Ocean View Dr 5 2 2 McGrath - Terrigal $2,800,000 17/04/2023 House 110 Ocean View Dr McGrath - Terrigal $2,750,000 21/09/2023 Vacant Land 45 Blue Bell Dr 6 3 2 McGrath - Terrigal $2,600,000 24/06/2023 House 13 Rysdyk Pde 5 3 2 McGrath - Terrigal $2,558,000 23/09/2023 House 1/25 Pacific St 3 2 1 Urban & Coastal Real Estate $2,550,000 20/03/2023 Unit 9 Warrambool Rd 6 3 4 McGrath - Terrigal $2,500,000 28/09/2023 Other 34 Grove Rd 4 3 2 Empire Property Co. - Central Coast $2,400,000 29/12/2023 House 16 Warrambool Rd 6 3 4 Urban & Coastal Real Estate $2,350,000 02/02/2023 House 3/460 Tumbi Rd 4 2 3 McGrath - Long Jetty $2,300,000 02/06/2023 House 4 Renown St 5 2 2 Laing+Simmons - Erina $2,300,000 26/09/2023 House 148 Ocean View Dr 4 3 3 McGrath Terrigal $2,300,000 29/09/2023 House 44 Grove Rd 4 3 3 McGrath - Terrigal $2,285,000 09/09/2023 House 90 Brush Rd 4 4 3 McGrath Terrigal $2,250,000 04/03/2023 House 9 Ghersi Ave 6 3 2 McGrath - Terrigal $2,200,000 27/06/2023 House 37 Grove Rd 4 3 3 DiJones Real Estate - Central Coast $2,175,000 16/12/2023 House 40 Dover Rd 3 2 4 Empire Property Co $2,140,000 07/11/2023 House 5 Wallent Cl 5 3 2 McGrath - Terrigal $2,100,000 24/04/2023 House 4 The Brow 5 2 2 McGrath - Terrigal $2,100,000 13/11/2023 House 3 Edinburgh Cct 5 3 4 The Agency Central Coast $2,050,000 24/02/2023 House 1/381 Tumbi Rd 6 3 2 Property Central - Central Coast $2,038,000 06/04/2023 House 45 Windsor Rd 6 4 2 Empire Property Co. - Central Coast $2,025,000 04/07/2023 House 34 Dover Rd 5 3 3 McGrath Terrigal $2,000,000 24/01/2023 House 27 Hayden Rd 5 3 4 Whiteman Property - Wamberal $1,975,000 15/12/2023 House 291 Tumbi Rd 5 2 2 Ray White Terrigal $1,960,000 28/10/2023 Other 68 Old Gosford Rd 5 2 2 LJ Hooker - Terrigal $1,955,000 15/04/2023 House 475 Tumbi Rd 4 3 4 McGrath - Terrigal $1,910,000 10/05/2023 House 449 Tumbi Rd 7 2 10 McGrath Terrigal $1,900,000 10/01/2023 House 16 Winston St 3 2 2 McGrath - Terrigal $1,900,000 11/05/2023 House 25 Windsor Rd 3 2 2 LJ Hooker Terrigal $1,900,000 04/10/2023 House 76 Wairakei Rd 4 2 1 McGrath - Terrigal $1,900,000 13/10/2023 House 1 Old Gosford Rd 4 3 4 DiJones - Central Coast $1,850,000 18/06/2023 House 84 Ocean View Dr 3 2 1 Smith Property Agents $1,800,000 10/03/2023 House 65 Old Gosford Rd 5 3 5 LJ Hooker Terrigal $1,800,000 24/10/2023 House 19 Lumeah Ave 6 2 1 DiJones - Central Coast $1,800,000 27/10/2023 House 65 Old Gosford Rd 5 3 5 LJ Hooker Terrigal $1,800,000 11/11/2023 House 122 Blue Bell Dr 4 2 2 LJ Hooker Terrigal $1,770,000 11/03/2023 House 19 Mawarra Rd 5 3 2 LJ Hooker - Terrigal $1,700,000 01/07/2023 House 57 Blue Bell Dr 4 2 1 Whiteman Property $1,700,000 14/07/2023 House 33 Bundara Ave 3 1 1 George Brand Terrigal - Terrigal $1,680,000 18/11/2023 House 15 Ghersi Ave 4 2 3 Whiteman Property $1,650,000 02/03/2023 House 30 Lucinda Ave 6 3 2 Urban & Coastal Real Estate $1,650,000 30/05/2023 House 102 Blue Bell Dr 3 2 DiJones Real Estate - Central Coast $1,650,000 04/12/2023 House 8 Winston St 3 1 Whiteman Property - Wamberal $1,600,000 21/02/2023 House 670 The Entrance Rd 4 2 6 LJ Hooker Terrigal $1,600,000 18/08/2023 House 34 Hilltop Rd 3 1 1 Whiteman Property $1,585,000 16/05/2023 House 23 Plymouth Dr 4 2 2 LJ Hooker Terrigal $1,567,500 14/12/2023 House 8 Dorset Cl 4 2 2 McGrath - Terrigal $1,540,000 11/01/2023 Other 2 Plymouth Dr 3 2 1 McGrath - Terrigal $1,540,000 19/05/2023 House 8 Dorset Cl 4 2 2 McGrath Terrigal $1,540,000 15/07/2023 House
Wamberal Sales | 12 Months
Number Street Name Bed Bath Car Agent Sale Price Sale Date Property Type 11 Benwerrin Rd 6 3 1 McGrath Terrigal $1,515,000 11/02/2023 House 44 Dillon Rd 4 2 2 McGrath - Terrigal $1,510,000 14/09/2023 House 111 Blue Bell Dr 4 3 1 McGrath Terrigal $1,485,000 24/10/2023 House 23 Heights Cres 6 3 2 LJ Hooker - Terrigal $1,450,000 28/04/2023 House 835 The Entrance Rd 5 2 2 Property Central - Central Coast $1,450,000 10/07/2023 House 59 Wairakei Rd 4 2 2 McGrath - Terrigal $1,450,000 17/11/2023 House 1/13 Ocean View Dr 3 2 1 Whiteman Property - Wamberal $1,450,000 22/12/2023 Unit 12 Lake View Rd 4 2 3 LJ Hooker Terrigal $1,430,000 13/05/2023 House 833 The Entrance Rd 5 2 2 McGrath Long Jetty $1,425,000 01/08/2023 House 25 Plymouth Dr 5 2 2 LJ Hooker Terrigal $1,405,000 25/08/2023 House 23 Grove Rd 4 1 1 LJ Hooker Terrigal $1,400,000 04/02/2023 House 67 Dover Rd 4 2 2 LJ Hooker Terrigal $1,400,000 04/02/2023 House 5 Blue Bell Dr 5 3 1 DiJones - Central Coast $1,400,000 04/07/2023 House 154 Ocean View Dr 5 3 2 McGrath Terrigal $1,395,000 25/03/2023 House 6 Old Tumbi Rd 4 3 2 LJ Hooker Tumbi Umbi | Killarney Vale $1,390,000 02/08/2023 House 152 Ocean View Dr 4 1 McGrath - Terrigal $1,380,000 19/09/2023 House 80 Old Gosford Rd 4 2 2 LJ Hooker Terrigal $1,350,000 26/04/2023 House 9 Rysdyk Pde 3 1 1 McGrath - Terrigal $1,350,000 20/12/2023 House 4 Rysdyk Pde 3 2 1 DiJones - Central Coast $1,340,000 05/03/2023 House 11 Aldinga Dr 4 3 3 Whiteman Property - Wamberal $1,300,000 28/09/2023 House 831 The Entrance Rd 4 2 3 Urban & Coastal - Terrigal $1,280,000 06/04/2023 House 9 Rysdyk Pde 3 1 1 McGrath Terrigal $1,275,000 06/02/2023 House 15 Braemar Dr 3 2 1 McGrath - Terrigal $1,270,000 01/08/2023 House 23 Hilltop Rd McGrath - Terrigal $1,250,000 06/02/2023 Vacant Land 2 Lucinda Ave 3 1 1 Whiteman Property $1,250,000 06/04/2023 House 12 Reads Rd 3 1 1 McGrath - Terrigal $1,240,000 07/09/2023 House 17 Adina Pl 4 3 2 Coast Realty - Central Coast $1,230,000 29/01/2023 House 8/82 Ocean View Dr 3 2 1 Coast Realty - Central Coast $1,213,000 18/12/2023 Unit 4 Barooga Rd 3 2 3 Empire Property Co $1,200,000 06/04/2023 House 24 Mawarra Rd 4 2 2 Whiteman Property - Wamberal $1,185,000 29/09/2023 House 45 Coreen Dr 3 1 2 Whiteman Property - Wamberal $1,175,550 10/07/2023 House 5 Rysdyk Pde 3 1 3 Stone Real Estate - Tumbi Umbi | Berkeley Vale | Lisarow $1,175,000 19/02/2023 House 24 Benwerrin Rd 1 1 2 Whiteman Property - Wamberal $1,175,000 21/04/2023 House 22 Edinburgh Cct 3 3 2 LJ Hooker Terrigal $1,175,000 14/07/2023 House 50 Lake View Rd 3 3 1 Stone Real Estate - Tumbi Umbi | Berkeley Vale | Lisarow $1,135,250 08/09/2023 House 9 Somerset Cl 3 2 2 McGrath Terrigal $1,115,000 10/06/2023 House 4 Braemar Dr 3 2 2 Empire Property Co $1,100,000 03/04/2023 House 136 Blue Bell Dr 3 1 7 LJ Hooker - East Gosford $1,075,000 01/06/2023 House 10/58 Ocean View Dr 3 2 2 DiJones Real Estate - Central Coast $1,072,000 24/06/2023 Unit 58 Ocean View Dr 3 2 1 DiJones Real Estate - Central Coast $1,072,000 24/06/2023 Unit 43 Dalpura Rd 3 1 2 McGrath - Terrigal $1,050,000 17/05/2023 House 5 Warrina St 3 2 1 LJ Hooker Tumbi Umbi | Killarney Vale $1,050,000 27/10/2023 House 30 Dalpura Rd 4 2 2 Empire Property Co. - Central Coast $1,000,000 02/03/2023 House 839 The Entrance Rd 4 2 3 DiJones - Central Coast $1,000,000 05/04/2023 House 18 Mawarra Rd 4 2 1 The Agency Central Coast $950,000 17/12/2023 House 747 The Entrance Rd 4 1 2 Gittoes - East Gosford $945,000 01/12/2023 House 751 The Entrance Rd 3 1 1 McGrath Terrigal $915,000 16/11/2023 House 749 The Entrance Rd 2 1 1 Empire Property Co. - Central Coast $900,000 24/11/2023 House 12/79 Aldinga Dr 4 3 1 LJ Hooker - Terrigal $897,000 02/06/2023 Unit 2/74 Ocean View Dr 3 2 1 McGrath - Terrigal $880,000 13/09/2023 Unit 16/74 Ocean View Dr 3 2 1 McGrath - Terrigal $850,000 01/08/2023 Unit 11/74 Ocean View Dr 3 2 1 The Agency Central Coast $830,000 03/04/2023 Unit 25 Barooga Rd 2 1 3 LJ Hooker Terrigal $815,000 05/04/2023 House 14/6 Ghersi Ave 2 1 1 McGrath - Terrigal $805,000 08/07/2023 Unit 5/99 Ocean View Dr 2 1 1 Stone Real Estate - Terrigal $800,000 17/02/2023 Unit 2/821 The Entrance Rd 3 2 1 Empire Property Co. - Central Coast $800,000 25/02/2023 Unit 594 Tumbi Rd 4 2 2 McGrath - Terrigal $795,000 12/04/2023 House 16/79 Aldinga Dr 3 2 2 LJ Hooker - Terrigal $770,000 14/05/2023 Unit
52 Ocean View Drive, Wamberal Sold $2,800,000
Wamberal Price Segmentation
Wamberal Peak Selling Periods
Number of <$300k $300k-$400k $400k-$500k $500k-$600k $600k-$700k $700k-$800k $800k-$900k $900k-$1m $1m-$1.2m $1.2m-$1.5m $1.5m-$2m $2m-$2.5m $2.5m-$3m >$3m 20 10 0
Number of Sales (me18 16 14 12 10 8 6 4 2 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec WAMBERAL
Million Dollar Sales | 1.1.2023 – 31.12.2023
151 105 75 70 61 60 60 181 127 116 114 109 78 59 90 35 26 23 23 19 18
above $1m
above $2m
above $3m
Sales
McGrath McGrath McGrath Sales
Sales
McGrath
Ray White Stone
LJ Hooker
Property Central
George Brand
Wiseberry
Belle Property
Prestige Properties
The Agency
Raine & Horne
Brand Property
The Agency Central Coast
Coast Realty
Ray Pitstock Real Estate Sales
14 6 5 4 2 2 2 7 3 3 2 2 1 1
above $4m
McGrath McGrath Sales
$5m
above
Source: Price Finder
30 Grove Road, Wamberal Sold $3,300,000
We’re The Most Followed Real Estate Brand In Australia
Offering our clients the largest reach of any other company
Updated: 8th September 2023 128,902 9,945 25,813 62,270 30,874 LJ Hooker 57,074 3,185 21,186 24k 8,703 Ray White 105,190 8,798 42,892 24k 29.5k Belle Property 81,403 N/A 16,703 30k 34.7k Raine & Horne 37,521 333 9,690 21k 6,498 Harcourts 26,510 1,253 22,103 1.2k 1,954 PRD 14,445 5,474 3,970 3.2k 1,801 BresicWhitney 23,255 750 5,905 3.2k 13.4k TOTAL
27 Lumeah Avenue, Wamberal Sold $3,100,000
Why McGrath?
– Our Team
The largest and hardest working team across the Central Coast, Lake Macqauire and Hunter Valley regions. Our strategically located offices offer you the best opportunity to reach every buyer in the marketplace. We have over 70 agents plus support personal working together, sharing one database, and having access to your property.
BENEFIT
You can rest assured that you are receiving the greatest possible exposure across our whole team.
– The McGrath Database of Buyers
Your property will be exposed to the McGrath database of buyers. As soon as your property is uploaded onto mcgrath.com.au, a link is immediately emailed to every suitable buyer prior to the commencement of the full campaign.
– The McGrath Brand
For over 30 years, the McGrath brand has stood alone in signifying outstanding results for quality properties through superior marketing and integrity rich service.
Our brand effectively endorses your property as representing quality in the marketplace.
– McGrath’s Marketing Excellence
We are committed to constantly evolving our marketing approach to ensure your property stands out among the rest. BENEFIT
Builds buyer interest and maximises the initial rush of competition that delivers a higher price for you.
– The McGrath Website
Our award-winning website has over 1M page views per month and we have a large local and international audience that appreciates our many web tools including maps and videos.
We can reach more local, national and international buyers.
Your property will stand out in a crowded marketplace.
– Making It Easier For People to Buy
We offer a total solution approach. Our specialist teams include residential sales, home loans, property management, property investment, holiday management and projects. BENEFIT
We can help buyers organise their finance and provide rental appraisals for inverstors.
Why Team Steinwede
7 30
60%
New listings sent to market Properties sold
Wamberal homes sold each year Property Sales Auction Clearance Rate Team Member Years + experience 184 139
of
$303,150,000 83%
23 Hilltop Road, Wamberal
Sold $3,200,000
Buyer Enquiry Graph
The 30 Days Rule
Buyers will generally pay the highest price in the first 30 days. The longer the property is on the market the less buyers expect to pay.
It may surprise you to learn that the first 2 weeks of a property sale are the most important. That’s when all the excitement is generated, and you have access to your largest pool of buyers.
Following that, interest starts to drop off - so it’s important to make the most of your property launch. One of the biggest mistakes an owner can make is thinking, “it’s just early days”. A skilled agent will help you harness the energy and interest in those critical first few weeks. Buyers will generally pay the highest price in the first 30 days. The longer the property is on the market the less buyers expect to pay.
buyers Time (weeks) 1 2 3 4 5 6 7 8
Buyer of
145 Ocean View Drive, Wamberal Sold $3,700,000
The importance of digital marketing
As part of our team, Jordan is a rising star having worked with Mat and Trevor for the past 6 years. Jordan brings instrumental knowledge and skill in the digital marketing space having spent 4 years securing a Marketing Degree at University of Newcastle.
One of the key elements of Jordan’s approach is mastering social media and digital marketing, a place where people spend a significant amount of their time online, having a strong presence on platforms like Facebook, Instagram, and LinkedIn is crucial. He utilises these platforms to showcase properties to a vast audience, creating engaging content that captures the attention of potential buyers.
The Wamberal market primarily consists of families, making it crucial to understand how to effectively target this demographic. Our tailored Marketing Campaigns are designed to reach both active and passive buyers, surpassing their specific searches.
In today’s ever changing world, hyper knowledge and strategic thinking ensures your ability to secure the very best buyers in the short amount of time.
We can deliver this!
556 The Entrance Road, Wamberal Sold $6,350,000
Wamberal clients we have helped
110 Ocean View Drive Sold $2,750,000 45 Blue Bell Drive Sold $2,600,000 44 Grove Road Sold $2,285,000 90 Brush Road Sold $2,250,000 9 Warrambool Road Sold $2,500,000 148 Ocean View Drive Sold $2,300,00 9 Ghersi Avenue Sold $2,200,000 5 Wallent Close Sold $2,100,000
4 The Brow Sold $2,100,000 34A Dover Road Sold $2,000,000 16 Winston Road Sold $1,900,000 76 Wairakei Road Sold $1,900,000 475 Tumbi Road Sold $1,910,000 449 Tumbi Road Sold $1,900,000 8 Dorset Close Sold $1,540,000 2 Plymouth Drive Sold $1,540,000
11 Benwerrin Road Sold $1,515,000 44 Dillon Road Sold $1,510,000 154 Ocean View Drive Sold $1,395,000 152 Ocean View Drive Sold $1,380,000 111 Blue Bell Drive Sold $1,485,000 59 Wairakei Road Sold $1,450,000 9 Rysdyk Parade Sold $1,350,000 15 Braemar Drive Sold $1,250,000
Wamberal clients we have helped
What our clients say
Jordan and the team at McGrath were absolutely brilliant from meeting on the fist day to sealing the deal at the end. The constant open and transparent communication throughout the process is what stands out for me. We were never “out of the loop” as they team were proactive in keeping us up to date on each viewing, and potential purchaser that walked through the door.
Most impressive unit on the coast!
Vendor Jordan makes every other agent I’ve worked with in Australia look amateur. He’s a great professional with a bright future.
Buyer Trevor knew the market and the property was under offer in two weeks at a fair price.
He and the team were very helpful and supportive throughout everything, keeping me updated all the way. They helped project manage getting ready for opens, even came early one that I was away for to check everything was ok.
Trevor negotiated well and found the perfect buyer for the home.
Vendor
My wife & I had been looking for a home in the Wamberal area for an extended period.
Jordan stood out amongst his peers as the most effective communicator. Never in the whole process did we feel “sold” to. Instead Jordan took the time to listen to what was important to us in our new home, helped us understand the market and presented us with options that fit our needs.
Jordan a went above and beyond and created a pressure free environment. He made what could have been stressful a pleasure.
Buyer Trevor, Charlie and his team went above and beyond throughout the sale of our home and made the whole process seamless from start to finish.
Trev is genuine, trustworthy and compassionate and has an extensive knowledge of the Wamberal market.
I wholeheartedly believe Trev had our best interests in mind throughout the entire process. There is no one else I would consider using in the future and I highly recommend Trev and his team to anyone looking to sell or buy.
Vendor
What our clients say
Trevor is an exceptional agent and an absolute pleasure to work with. Trevor is an excellent communicator, with an outstanding knowledge of the market. Trev is honest, trustworthy and genuine and takes the stress out of selling a house. Trev and his team exceeded our expectations and we could not recommend Trev highly enough for anyone buying or selling a property.
Vendor I have dealt with quite a few real estate agents over the years and Mat and Ash are top of the list.
We were looking to sell our family holiday house and asked Mat for a price estimate. He stuck to that price right through till it was sold. Unlike many others he did not give me a high estimate to start - then spend the rest of the campaign trying to work me down. It was not an easy sale but Mat kept up the effort all the way till he got the result.
Ash was always friendly and helpful and made sure all communications flowed smoothly. Mat and Ash really do work as a team. I didn’t want problems and excusesand I didn’t get any.
Vendor
We are extremely happy with our purchase. Mat and Ashleigh from ‘Team Steinwede’ were an absolute pleasure to deal with, and couldn’t have been more helpful. Mat kept us totally informed throughout the whole negotiation process even more so than our own solicitors, and both he and Ashleigh ensured that everything went smoothly and stress free.
It felt like they had our best interests at heart, despite representing the vendor.
We are both thoroughly impressed by the professional and friendly manner that this whole purchasing process has been conducted.
Many thanks Team Steinwede!
Buyer
13 Rysdyk Parade, Wamberal Sold $2,558,000
If you’re looking to sell your home, trust the area specialists Mat Steinwede 0414 852 200 Trevor Hamilton 0402 392 398 Jordan Bulmer 0415 595 920