By Blake Stretton, Gittoes Real Estate
Director | Licensed Real Estate Agent (Class 1)
Published November 2026, using market data through the end of October 2026.
The Central Coast property market in October 2026 gave buyers more choice, while homes took longer to sell than in September. In the campaigns I was involved in, activity felt broadly similar, but my impression was that prices were coming under more pressure as buyers compared more alternatives.
Quick answer: October’s Central Coast median sale price was $933,000, with 2,753 active listings and a median selling time of 48 days. Buyers had more choice and were increasingly selective about price and repairs. A Somersby sale above its guide showed that competition was still possible, while an ongoing Narara campaign highlighted the importance of buyers being ready to proceed.
Central Coast property market: October 2026 at a glance
- Median sale price: $933,000, down approximately 3.3% from September’s revised $965,000 and approximately 3.8% from October 2025.
- Active sale listings: 2,753, up approximately 7% on September and 11% on a year earlier.
- New sale listings: 661, down approximately 3% on September and 20% on October 2025.
- Median days on market: 48, compared with 44 in September and 36 a year earlier.
- Average sold versus listed price: 2% below the listed price, compared with 4% below in September and 2% above a year earlier.
- Median weekly rent: $675, up approximately 3.8% on October 2025.
Line chart of the Central Coast median sale price from January to October 2026, peaking at $1,065,000 in February and easing to $933,000 in October.
These PropTrack figures cover the Central Coast local government area and all property types combined. They do not establish how an individual suburb, price bracket or property type performed.
Two local campaigns show why price and timing matter
At 33 Elwins Road, Somersby, my colleague Ben Cheverall recalled around 18 groups attending the first open home, followed by several offers. The one-acre property sold for $1.95 million, which was $50,000 above the upper end of the $1.8 million to $1.9 million guide Ben described.
Ben attributed the response to the property’s distinctive appeal, its marketing and a price that reflected current conditions. It was an encouraging example of buyers competing for a home they saw value in.
Ben’s Narara campaign attracted 22 groups to its first open home, with further inspections continuing through the following week.
He said some interested buyers needed to sell their own homes before committing. The response was encouraging, with buyer timing an important factor in progressing the campaign.
Why do buyers have more choice when fewer homes are being listed?
Active listings reached their highest level since November 2024. Yet new listings fell from September and were approximately 20% below October last year.
The distinction is between homes arriving on the market and the total already available. With median selling time increasing, the figures are consistent with existing listings taking longer to clear. Buyers can therefore have more options even when fewer new sellers are entering the market.
For owners, that means assessing your home against the properties buyers can inspect now, alongside recent comparable sales.
What does the lower median tell us about property prices?
October’s $933,000 median was approximately 12% below February’s $1,065,000 peak. However, a median measures the middle price of the properties sold. A change in the mix of homes selling can move it, so this does not mean every Central Coast home has lost 12% of its value.
There was also a more positive monthly movement for sellers: the average gap between listed and sold prices narrowed from 4% below in September to 2% below in October. That is a regional average, rather than a standard discount buyers should expect on every home.
Buyers are becoming less willing to take on repairs
One of the clearest themes in my October conversations was a preference for homes that were reasonably ready to move into. Buyers were reluctant to take on renovations, but their concerns also extended to bathroom repairs and smaller maintenance issues.
With more alternatives available, those jobs can become a reason to keep looking. A home does not need to be brand new, but buyers are paying close attention to the work they would inherit.
For sellers, my advice is to identify those concerns before launching. Understand what needs attention, obtain advice or quotes where appropriate, and decide what is sensible to address. If work remains, the asking price needs to reflect the property’s condition.
Our guide to preparing your home for sale without overspending explains how to prioritise that preparation.
What October’s conditions mean for sellers and buyers
For sellers, the practical priorities are:
- Price against today’s competition. Use recent comparable sales and current alternatives, allowing for differences in condition and features.
- Address avoidable concerns. Investigate repairs early and weigh up the cost and benefit of completing work before sale.
- Look beyond the turnout. Consider buyer feedback, return visits and offers, including whether interested buyers are ready to proceed.
- Assess the whole offer. Consider price, conditions and timing against the evidence and your own plans.
For buyers, more choice gives you greater scope to compare homes and negotiate. Know your budget and be clear about any sale or finance requirements, so you can act when the right property appears.
Central Coast rents remained firm
The regional median weekly rent reached $675 in October, compared with $670 in September and $650 a year earlier. Active rental listings fell to 1,387 from 1,533 in September.
However, median rental listing time increased to 20 days, compared with 19 in September and 16 a year earlier.
For landlords, current comparable rentals and presentation remain useful starting points. The Gittoes property management team can provide a rental appraisal based on your property.
What we are watching next
We will be watching whether available stock continues to build, how selling times change and whether buyers become more decisive. In our own campaigns, the response to pricing and property condition will remain particularly useful.
If you are considering selling, request a property appraisal with Gittoes Real Estate. Our local agents can help you assess recent sales, competing listings and the preparation most relevant to your home.
Sources and scope: Regional market figures are sourced from PropTrack Pty Ltd, Central Coast LGA, all property types, current to the end of October 2026, as supplied to Gittoes. Comparisons use PropTrack’s latest revised September figures, which differ slightly from those in our previous report. Recent figures may be revised. Local observations are from Blake Stretton. Campaign details are from his interview with Ben Cheverall and the published Somersby sale listing; Narara’s position is as described at the time of that interview.