Land values in the Mid-Coast local government area
Hunter region
The information in this interactive summary was prepared by Valuer General NSW.
2018 land values in the Mid-Coast area were prepared by First State Property Valuers.
There may be slight differences in the numbers and percentages shown in the detailed report compared to the information shown in this interactive summary. This is due to the time difference in publication and should not affect overall trend information.
You can find their valuation report at the below link.
General overview
There was a strong increase in land values in the Mid-Coast local government area between 2017 and 2018, with this trend being consistent across the residential and industrial market segments.
Commercial and rural land values showed a moderate increase.
Land value trends
| Property zone | 01 Jul 2017 | 01 Jul 2018 | % change |
|---|---|---|---|
| Residential | $7,000,790,483 | $7,912,047,246 | 13.0% |
| Commercial | $318,439,230 | $342,660,240 | 7.6% |
| Industrial | $157,748,680 | $176,583,880 | 11.9% |
| Rural | $3,334,491,470 | $3,581,432,120 | 7.4% |
| Other | $335,843,515 | $376,511,955 | 12.1% |
| Total | $11,147,313,378 | $12,389,235,441 | 11.1% |
Number of properties by zone
Total number of properties: 51,376
Residential land values
Residential overview
Residential land values increased strongly in the Mid-Coast local government area between 2017 and 2018, driven primarily by increased demand for land in well located coastal locations.
The exceptions to this general trend were residential land values in the town of Wingham, Gloucester which generally showed a slight increase. Land values in Hawks Nest, Blueys Beach, Boomerang Beach and Manning Point generally remained steady with demand easing in these localities.
Residential land values at Pindimar showed very strong increases, due to particularly strong demand.
Large lot residential land values experienced slight increases at Nabiac and Tuncurry, with increased demand for well-located areas in close proximity to the coast.
Median land values and sale prices
The above chart shows movement in the property market and land values over a five year period. In areas where there are a low number of sales, median sale prices may not accurately reflect the property market. Land values may not always move directly in line with sale prices due to the influence of other factors, such as building costs.
Typical residential land values
| Address | 01 Jul 2017 | 01 Jul 2018 | % change |
|---|---|---|---|
| Stroud St, Allworth | $100,000 | $110,000 | 10.0% |
| Argyle St, Barrington | $85,000 | $90,000 | 5.9% |
| Lucas Ct, Black Head | $185,000 | $220,000 | 18.9% |
| Ocean St, Black Head | $410,000 | $450,000 | 9.8% |
| Newman Ave, Blueys Beach | $490,000 | $490,000 | 0.0% |
| Newman Ave, Blueys Beach | $1,250,000 | $1,350,000 | 8.0% |
| Coast Ave, Boomerang Beach | $1,270,000 | $1,270,000 | 0.0% |
| Harrow Dr, Boomerang Beach | $390,000 | $425,000 | 9.0% |
| The Bucketts Way , Booral | $77,500 | $90,000 | 16.1% |
| Crawford St, Bulahdelah | $105,000 | $120,000 | 14.3% |
| Mahogany St, Bulahdelah | $125,000 | $135,000 | 8.0% |
| Markwell Back Rd, Bulahdelah | $165,000 | $180,000 | 9.1% |
| Prince St, Bulahdelah | $80,000 | $80,000 | 0.0% |
| Stroud St, Bulahdelah | $120,000 | $130,000 | 8.3% |
| Pleasant View Pde, Bundabah | $120,000 | $135,000 | 12.5% |
| Hungerford St, Bundook | $70,000 | $70,000 | 0.0% |
| The Lakes Way , Bungwahl | $145,000 | $173,000 | 19.3% |
| Church St, Carrington | $128,000 | $158,000 | 23.4% |
| Charlotte Bay St, Charlotte Bay | $180,000 | $200,000 | 11.1% |
| Lombard St, Coolongolook | $57,500 | $70,000 | 21.7% |
| Burraneer Rd, Coomba Park | $265,000 | $310,000 | 17.0% |
| Elanora St, Coomba Park | $60,000 | $77,500 | 29.2% |
| Yarran Pl, Coomba Park | $57,500 | $68,500 | 19.1% |
| Petrie St, Coopernook | $95,000 | $115,000 | 21.1% |
| Young St, Croki | $90,000 | $100,000 | 11.1% |
| Deborah St, Crowdy Head | $440,000 | $465,000 | 5.7% |
| Clovernook Dr, Cundletown | $220,000 | $245,000 | 11.4% |
| Kolonga Pl, Cundletown | $130,000 | $145,000 | 11.5% |
| River St, Cundletown | $450,000 | $495,000 | 10.0% |
| Emerald Dr, Diamond Beach | $230,000 | $265,000 | 15.2% |
| Escapade Ave, Diamond Beach | $165,000 | $195,000 | 18.2% |
| Figtree Dr, Diamond Beach | $315,000 | $350,000 | 11.1% |
| Jubilee Pde, Diamond Beach | $500,000 | $550,000 | 10.0% |
| Glenwarrin Rd, Elands | $45,000 | $45,000 | 0.0% |
| Hillside Pde, Elizabeth Beach | $238,000 | $281,000 | 18.1% |
| Heather Cl, Failford | $265,000 | $295,000 | 11.3% |
| Akala Ave, Forster | $220,000 | $260,000 | 18.2% |
| Becker Rd, Forster | $410,000 | $435,000 | 6.1% |
| Bounty Key, Forster | $415,000 | $495,000 | 19.3% |
| Cape Hawke Dr, Forster | $365,000 | $390,000 | 6.9% |
| Cavill Ave, Forster | $196,000 | $227,000 | 15.8% |
| Head St, Forster | $875,000 | $963,000 | 10.1% |
| Helen St, Forster | $185,000 | $215,000 | 16.2% |
| Little St, Forster | $280,000 | $335,000 | 19.6% |
| Sunset Ave, Forster | $187,000 | $210,000 | 12.3% |
| Church St, Gloucester | $90,000 | $90,000 | 0.0% |
| Church St, Gloucester | $120,000 | $120,000 | 0.0% |
| Cowper St, Gloucester | $72,500 | $77,000 | 6.2% |
| Denison St, Gloucester | $77,500 | $77,500 | 0.0% |
| Laurie St, Gloucester | $77,500 | $80,000 | 3.2% |
| Moonlight Cct, Gloucester | $150,000 | $150,000 | 0.0% |
| Rye Cres, Gloucester | $67,500 | $70,000 | 3.7% |
| Wright Cl, Gloucester | $175,000 | $185,000 | 5.7% |
| Emerald Pl, Green Point | $130,000 | $150,000 | 15.4% |
| Pacific View Dr, Hallidays Point | $240,000 | $285,000 | 18.8% |
| The Ridge , Hallidays Point | $290,000 | $345,000 | 19.0% |
| Beach St, Harrington | $225,000 | $260,000 | 15.6% |
| Diamantina Cct, Harrington | $180,000 | $210,000 | 16.7% |
| Elizabeth St, Harrington | $175,000 | $188,000 | 7.4% |
| High St, Harrington | $270,000 | $285,000 | 5.6% |
| John Gollan Ave, Harrington | $330,000 | $395,000 | 19.7% |
| Minamurra Dr, Harrington | $180,000 | $200,000 | 11.1% |
| Bennett St, Hawks Nest | $400,000 | $420,000 | 5.0% |
| Binda St, Hawks Nest | $330,000 | $330,000 | 0.0% |
| Booner St, Hawks Nest | $350,000 | $350,000 | 0.0% |
| Kurrawong Ave, Hawks Nest | $240,000 | $275,000 | 14.6% |
| The Anchorage , Hawks Nest | $600,000 | $600,000 | 0.0% |
| Station St, Johns River | $90,000 | $105,000 | 16.7% |
| Alice St, Karuah | $170,000 | $170,000 | 0.0% |
| The Bucketts Way , Krambach | $80,000 | $84,000 | 5.0% |
| East Lansdowne Rd, Lansdowne | $65,000 | $77,500 | 19.2% |
| Old Coach Rd, Limeburners Creek | $110,000 | $125,000 | 13.6% |
| Manning St, Manning Point | $165,000 | $165,000 | 0.0% |
| Voss Pl, Mitchells Island | $175,000 | $195,000 | 11.4% |
| Coralville Rd, Moorland | $85,000 | $100,000 | 17.7% |
| Farnell St, Nabiac | $120,000 | $143,000 | 19.2% |
| Martin St, Nabiac | $205,000 | $215,000 | 4.9% |
| Curlew Cres, Nerong | $80,000 | $85,000 | 6.3% |
| Cove Bvd, North Arm Cove | $115,000 | $150,000 | 30.4% |
| Eastslope Way, North Arm Cove | $440,000 | $440,000 | 0.0% |
| Clerke St, Old Bar | $190,000 | $210,000 | 10.5% |
| Corkwood St, Old Bar | $190,000 | $210,000 | 10.5% |
| Harrogate Lane, Old Bar | $510,000 | $568,000 | 11.4% |
| Lewis St, Old Bar | $400,000 | $420,000 | 5.0% |
| South Heron Rd, Old Bar | $260,000 | $285,000 | 9.6% |
| Cambage St, Pindimar | $125,000 | $160,000 | 28.0% |
| Cunningham St, Pindimar | $340,000 | $400,000 | 17.7% |
| Koree St, Pindimar | $90,000 | $135,000 | 50.0% |
| Wombo St, Pindimar | $345,000 | $380,000 | 10.1% |
| Saunders St, Purfleet | $27,000 | $35,000 | 29.6% |
| Chelmsbrook Dr, Rainbow Flat | $300,000 | $315,000 | 5.0% |
| Stephenson Cl, Rainbow Flat | $210,000 | $240,000 | 14.3% |
| Coromont Dr, Red Head | $165,000 | $195,000 | 18.2% |
| Cottesloe Cct, Red Head | $214,000 | $255,000 | 19.2% |
| Red Head Rd, Red Head | $190,000 | $220,000 | 15.8% |
| Kinka Rd, Seal Rocks | $500,000 | $595,000 | 19.0% |
| Amaroo Dr, Smiths Lake | $230,000 | $275,000 | 19.6% |
| Paradise Dr, Smiths Lake | $265,000 | $300,000 | 13.2% |
| Third Ridge Rd, Smiths Lake | $115,000 | $149,000 | 29.6% |
| Wood St, Stratford | $50,000 | $57,500 | 15.0% |
| Bede St, Stroud | $115,000 | $120,000 | 4.4% |
| Church St, Stroud | $135,000 | $145,000 | 7.4% |
| Mcintyre St, Stroud Road | $80,000 | $85,000 | 6.3% |
| The Sand Trap , Tallwoods Village | $100,000 | $115,000 | 15.0% |
| Windsor St, Tarbuck Bay | $89,000 | $95,000 | 6.7% |
| Dunoon St, Taree | $45,500 | $56,000 | 23.1% |
| Hickory Cres, Taree | $90,000 | $105,000 | 16.7% |
| Hinten Cres, Taree | $120,000 | $150,000 | 25.0% |
| Iluka Cct, Taree | $220,000 | $235,000 | 6.8% |
| Killawarra Dr, Taree | $95,000 | $110,000 | 15.8% |
| Oxley St, Taree | $100,000 | $115,000 | 15.0% |
| Potoroo Dr, Taree | $195,000 | $215,000 | 10.3% |
| Richardson St, Taree | $110,000 | $125,000 | 13.6% |
| Stevenson St, Taree | $130,000 | $160,000 | 23.1% |
| Victoria St, Taree | $320,000 | $350,000 | 9.4% |
| Wingham Rd, Taree | $128,000 | $135,000 | 5.5% |
| York St, Taree | $115,000 | $130,000 | 13.0% |
| Denva Rd, Taree South | $190,000 | $210,000 | 10.5% |
| Ayres Ave, Tea Gardens | $195,000 | $230,000 | 18.0% |
| Boondelbah Rd, Tea Gardens | $350,000 | $385,000 | 10.0% |
| Jacob St, Tea Gardens | $310,000 | $370,000 | 19.4% |
| Peveril St, Tinonee | $105,000 | $125,000 | 19.1% |
| Banksia Pde, Tuncurry | $220,000 | $250,000 | 13.6% |
| Bent St, Tuncurry | $290,000 | $330,000 | 13.8% |
| Peel St, Tuncurry | $310,000 | $350,000 | 12.9% |
| Rest Point Pde, Tuncurry | $235,000 | $275,000 | 17.0% |
| Taree St, Tuncurry | $475,000 | $550,000 | 15.8% |
| Tulloch Rd, Tuncurry | $385,000 | $400,000 | 3.9% |
| Shantull Dr, Wallabi Point | $208,000 | $236,000 | 13.5% |
| Ward St, Wards River | $50,000 | $50,000 | 0.0% |
| Abbott St, Wingham | $165,000 | $165,000 | 0.0% |
| Blue Gum Ave, Wingham | $100,000 | $110,000 | 10.0% |
| Canget St, Wingham | $205,000 | $205,000 | 0.0% |
| Helmich Cl, Wingham | $180,000 | $200,000 | 11.1% |
| Kingfisher Dr, Wingham | $180,000 | $200,000 | 11.1% |
| Lambert St, Wingham | $85,000 | $100,000 | 17.7% |
| Rowley St, Wingham | $100,000 | $105,000 | 5.0% |
| Sunset Ave, Wingham | $92,500 | $110,000 | 18.9% |
Commercial land values
Commercial overview
Commercial land values showed a moderate increase in the Mid-Coast local government area due to moderate demand and sales volumes.
Typical commercial land values
| Address | 01 Jul 2017 | 01 Jul 2018 | % change |
|---|---|---|---|
| Boomerang Dr, Blueys Beach | $207,000 | $220,000 | 6.3% |
| Else St, Cundletown | $120,000 | $150,000 | 25.0% |
| Diamond Dr, Diamond Beach | $130,000 | $130,000 | 0.0% |
| The Lakes Way , Forster | $580,000 | $650,000 | 12.1% |
| Wharf St, Forster | $550,000 | $600,000 | 9.1% |
| Church St, Gloucester | $130,000 | $140,000 | 7.7% |
| Beach St, Harrington | $330,000 | $350,000 | 6.1% |
| Booner St, Hawks Nest | $230,000 | $271,000 | 17.8% |
| Old Bar Rd, Old Bar | $350,000 | $370,000 | 5.7% |
| Manning St, Taree | $282,000 | $310,000 | 9.9% |
| Manning St, Taree | $8,500,000 | $8,500,000 | 0.0% |
| Oxley St, Taree | $130,000 | $150,000 | 15.4% |
| Victoria St, Taree | $180,000 | $195,000 | 8.3% |
| Victoria St, Taree | $215,000 | $240,000 | 11.6% |
| Manning River Dr, Taree South | $330,000 | $350,000 | 6.1% |
| Maxwell St, Tea Gardens | $380,000 | $390,000 | 2.6% |
| Beecher St, Tinonee | $120,000 | $150,000 | 25.0% |
| Manning St, Tuncurry | $450,000 | $475,000 | 5.6% |
| Isabella St, Wingham | $110,000 | $115,000 | 4.6% |
Industrial land values
Industrial overview
Industrial land values increased strongly in the Mid-Coast local government area, due primarily to strong demand with increased sales volumes.
Typical industrial land values
| Address | 01 Jul 2017 | 01 Jul 2018 | % change |
|---|---|---|---|
| Breese Pde, Forster | $300,000 | $340,000 | 13.3% |
| Kendall St, Gloucester | $75,000 | $87,000 | 16.0% |
| Industrial Rd, Harrington | $196,000 | $207,000 | 5.6% |
| Arkwright Cres, Taree | $183,000 | $202,000 | 10.4% |
| Marathon St, Taree | $115,000 | $130,000 | 13.0% |
| Muldoon St, Taree | $245,000 | $260,000 | 6.1% |
| Wanya Rd, Tea Gardens | $185,000 | $195,000 | 5.4% |
| Douglas Ave, Tuncurry | $240,000 | $285,000 | 18.8% |
| Point Rd, Tuncurry | $155,000 | $165,000 | 6.5% |
| Peets Ave, Wallabi Point | $90,000 | $100,000 | 11.1% |
| Industrial Cl, Wingham | $85,000 | $85,000 | 0.0% |
Rural land values
Rural overview
Rural land values increased moderately due to increased demand for rural home sites and hobby farms on the coast, and broadacre grazing properties and hobby farms in inland areas.
The exceptions to this were rural land values in the Bulahdelah, Belbora, Lansdowne, Marlee, Bobin, Elands, Wherrol Flat and Wingham areas, which remained steady with supply levels meeting demand.
Land values for rural home sites north and west of Gloucester remained steady due to their distance from regional centres and services. Land values for rural properties with no building entitlement at Pindimar showed very strong increases on a previous low value base.
Typical rural land values
| Address | 01 Jul 2017 | 01 Jul 2018 | % change |
|---|---|---|---|
| Barrington West Rd, Barrington | $750,000 | $850,000 | 13.3% |
| Manning Point Rd, Bohnock | $275,000 | $275,000 | 0.0% |
| Violet Hill Rd, Boolambayte | $265,000 | $265,000 | 0.0% |
| Booral-Washpool Rd, Booral | $610,000 | $610,000 | 0.0% |
| Bowman River Rd, Bowman | $165,000 | $165,000 | 0.0% |
| Little Bunyah Rd, Bucca Wauka | $310,000 | $310,000 | 0.0% |
| High St, Bundabah | $25,000 | $25,000 | 0.0% |
| Sugar Creek Rd, Bungwahl | $340,000 | $375,000 | 10.3% |
| The Bucketts Way , Burrell Creek | $195,000 | $195,000 | 0.0% |
| Church St, Carrington | $30,000 | $33,000 | 10.0% |
| Scone Rd, Cobark | $400,000 | $450,000 | 12.5% |
| Nowendoc Rd, Cooplacurripa | $170,000 | $195,000 | 14.7% |
| Scone Rd, Copeland | $50,000 | $50,000 | 0.0% |
| Brimbin Rd, Cundletown | $200,000 | $220,000 | 10.0% |
| Bow Hill Rd, Dollys Flat | $225,000 | $250,000 | 11.1% |
| Newtons Rd, Dumaresq Island | $500,000 | $550,000 | 10.0% |
| Avalon Rd, Dyers Crossing | $275,000 | $290,000 | 5.5% |
| Dargavilles Rd, Dyers Crossing | $250,000 | $275,000 | 10.0% |
| Glenwarrin Rd, Elands | $150,000 | $150,000 | 0.0% |
| Failford Rd, Failford | $300,000 | $350,000 | 16.7% |
| Glenthorne Rd, Glenthorne | $131,000 | $155,000 | 18.3% |
| Kookaburra Dr, Glenthorne | $65,000 | $75,000 | 15.4% |
| Deep Creek Rd, Hannam Vale | $190,000 | $211,000 | 11.1% |
| Walls Lane, Jones Island | $270,000 | $285,000 | 5.6% |
| Comboyne Rd, Killabakh | $185,000 | $200,000 | 8.1% |
| Nowendoc Rd, Knorrit Flat | $150,000 | $165,000 | 10.0% |
| The Bucketts Way , Krambach | $180,000 | $180,000 | 0.0% |
| Markwell Rd, Markwell | $210,000 | $225,000 | 7.1% |
| The Lakes Way , Mayers Flat | $300,000 | $320,000 | 6.7% |
| Minimbah Rd, Minimbah | $250,000 | $250,000 | 0.0% |
| Tilkah Lane, Mondrook | $440,000 | $470,000 | 6.8% |
| Upper Monkerai Rd, Monkerai | $515,000 | $575,000 | 11.7% |
| Hannam Vale Rd, Moorland | $320,000 | $320,000 | 0.0% |
| Nowendoc Rd, Mount George | $40,000 | $40,000 | 0.0% |
| Nowendoc Rd, Mount George | $157,000 | $170,000 | 8.3% |
| Nevilles Rd, Nooroo | $275,000 | $325,000 | 18.2% |
| Casino Cres, North Arm Cove | $9,000 | $9,500 | 5.6% |
| Ferry Rd, Oxley Island | $230,000 | $260,000 | 13.0% |
| Lauries Lane, Oxley Island | $462,000 | $480,000 | 3.9% |
| Chauvel St, Pindimar | $30,000 | $39,000 | 30.0% |
| Tritton Rd, Possum Brush | $250,000 | $275,000 | 10.0% |
| The Lakes Way , Rainbow Flat | $325,000 | $350,000 | 7.7% |
| Shakespeare St, Stratford | $39,000 | $42,500 | 9.0% |
| Mill Creek Rd, Stroud | $276,000 | $330,000 | 19.6% |
| Cedar Party Rd, Taree | $250,000 | $250,000 | 0.0% |
| Edinburgh Dr, Taree | $418,000 | $418,000 | 0.0% |
| Wingham Rd, Taree | $80,000 | $85,000 | 6.3% |
| Lagari Rd, The Bight | $213,000 | $225,000 | 5.6% |
| Breckenridge St, The Branch | $25,000 | $30,000 | 20.0% |
| The Branch Lane , The Branch | $475,000 | $500,000 | 5.3% |
| Callaghans Creek Rd, Tiri | $220,000 | $230,000 | 4.6% |
| Titaatee Creek Rd, Titaatee Creek | $175,000 | $205,000 | 17.1% |
| The Bucketts Way , Tugrabakh | $520,000 | $600,000 | 15.4% |
| Upper Lansdowne Rd, Upper Lansdowne | $185,000 | $185,000 | 0.0% |
| Upper Lansdowne Rd, Upper Lansdowne | $370,000 | $370,000 | 0.0% |
| Wallanbah Rd, Wallanbah | $400,000 | $440,000 | 10.0% |
| Little Run Rd, Wherrol Flat | $240,000 | $260,000 | 8.3% |
| Apanie Cl, Wingham | $175,000 | $175,000 | 0.0% |
| Primrose St, Wingham | $65,000 | $72,000 | 10.8% |
| Sunrise Lane, Wingham | $205,000 | $205,000 | 0.0% |
| Newmans Rd, Wootton | $250,000 | $265,000 | 6.0% |
Added value of improvement tables
The added value of improvement tables show dollar values per square metre for the added value of improvements for the main residential property types in a local government area. It is the value the improvements add to the value of the land as demonstrated by the analysis of property sales.