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House prices continue to rise

Median house prices for Peninsula suburbs have risen between 18 and 23 per cent, according to a Central Coast finance company.

Mr Gareth Rouse from Erina Wizard Home Loans said that home prices on the Peninsula rose despite despite a slowing of the property market across Australia.

Mr Rouse said the last year had seen Woy Woy median house prices increase 18 per cent and apartments 22 per cent.

"The growth is consistent with neighbouring areas in Umina and Ettalong, with the median house prices there growing 23 per cent and units 19 per cent," he said.

Mr Rouse said that his company now had a dedicated Peninsula mobile lender to manage all clients and enquiries for the Peninsula area.



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