Mortgage Choice in Umina Beach
Mortgage Choice Umina Beach - Michael Daniels and Philip Cooper
Book an appointment with your local Umina Beach Mortgage Broker
Get Directions to our Central Coast office
UPDATE | Mortgage Repayments in Umina Beach | 25/06/2025
- Umina Beach stands out as a more affordable housing option, with around 55% of households in lower repayment quartiles—ideal for families or individuals seeking budget-friendly solutions compared to Sydney.
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The Central Coast, by comparison, has 35% of households in the highest repayment group, indicating the large number of pricier acreage and waterfront properties.
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Housing loan repayments in Umina Beach have increased significantly since 2001, with the upper limit of the lowest quartile rising from $723 to $1,361—an 88% increase.
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The medium-lowest quartile has more than doubled, increasing from $724 to $1,069 to $1,362 to $2,123, illustrating the growth in loan sizes over time.
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Medium-highest repayments have soared from $1,070-$1,550 to $2,124-$3,203, up over 106%, which can strain household budgets. Keep in mind that this was measured in 2021, when interest rates were near 2%. Our best variable interest rates currently stand at around 5.64%.
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The minimum of the highest quartile has more than doubled, from $1,551 to $3,204, driven by factors such as population growth and urban development.
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Umina Beach’s affordability appeals to lower to middle-income residents, making it a go-to for cost-conscious Sydney-based homebuyers.
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Rising housing costs underscore the importance of regular reviews with your Mortgage Broker.
UPDATE | Real Estate Agents in Umina Beach | 15/06/2025
| Brand | Phone Number | Website Link |
|---|---|---|
| Richardson & Wrench Umina Beach | (02) 4341 1222 | uminabeachsales.randw.com.au |
| Ray White Umina Beach | (02) 4343 1888 | raywhiteuminabeach.com.au |
| One Agency Umina Beach & Woy Woy | (02) 4342 8888 | oneagency.com.au / oneagencyuminawoywoy.com.au |
| Raine & Horne Umina Beach & Woy Woy | (02) 4341 0244 | raineandhorne.com.au |
| Wiseberry Peninsula | (02) 4342 5000 | wiseberry.com.au |
| JL Property Co | jlpropertyco.com.au | |
| Stephenson's Real Estate | stephensonsrealestate.com.au | |
| Wilsons Estate Agency | wilsonsproperty.com.au |
UPDATE | Interest Rate Outlook | 30/04/2025
The ASX Target Rate Tracker predicts a 0.25% RBA cash rate cut for May 20, 2025, from the current 4.10%. With variable home loan rates around 6.00%, a cut could lower borrowing costs. As your Mortgage Broker in Umina Beach, Michael Daniels can review your home loan to ensure you’re getting the best rate. Call 0414 255 530.
UDPATE | Rental Vacancy Rates | 21/08/2024
The Central Coast’s rental vacancy rate, relevant for Umina Beach, is at a historic low of 1% across 37,500 rental properties, signalling strong demand and rising rents. This drives renters to buy and investors to seek cash-flow-positive properties.
Contact Michael Daniels, your Mortgage Broker in Umina Beach, at 0414 255 530 to explore financing options.
Umina Beach Market Summary - 26/08/2024
Umina Beach’s median house price is available at realestate.com.au. In February 2023, Umina Beach had 100 properties for sale and 116 for rent, with median house prices at $1,060,000 (2.7% rental yield) and units at $827,500 (3.3% yield).
Central Coast Market Trends - May 2024
The Central Coast, including Umina Beach, is in the “Start of Recovery” phase, per Herron Todd White’s May 2024 report. House prices rose 47% and units 34.3% from March 2020 to February 2024, driven by Sydney’s affordability constraints. The median house price hit $1,004,713 in April 2024.
Work with Michael Daniels, your Mortgage Broker in Umina Beach, to navigate this market. Call 0414 255 530.
Investment and Unit Market - March 2024
Central Coast house prices ($1,309,548, +69.17% since 2020) outperform units ($653,752, +44.80%), per March 2024 data. Units are increasingly popular for first-home buyers and investors in Umina Beach due to affordability. The unit market is in the “Start of Recovery” phase, ideal for investment.
Rental Market Dynamics - March 2024
Rising rents in Umina Beach and the Central Coast reflect Sydney tenants seeking affordability. Low vacancy rates during COVID (200 vacant dwellings) have risen to 300, driven by Sydney’s high costs. Discuss investment options with your Mortgage Broker in Umina Beach at 0414 255 530.
Why Choose Michael Daniels as Your Umina Beach Mortgage Broker?
As an experienced Mortgage Broker in Umina Beach, Michael Daniels offers tailored home loan, investment, and refinancing solutions. Visit us at 425/200 The Entrance Road, Erina NSW 2250 or call 0414 255 530 for expert advice.
Information source for Investment loans.
Information source for Refinance Advice.
Information source for First Home Buyer Advice.
