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Ourimbah

POSTAL CODE: NSW, 2258
HOUSE
UNIT

OURIMBAH, 2258 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling OURIMBAH, 2258 values up and netting property investors a capital gain of 10.98% for the past year.

Investors saw the median home price rise to $1,150,000.

Profits due to an upward trend in home prices in the suburb averaged 7.45% per annum over a 3-year period.

OURIMBAH now ranks at the 474th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in OURIMBAH are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $650 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In OURIMBAH, homes and units usually stay on listing for an average of 33.8 days.

In 2016, 45 properties were sold in OURIMBAH during the past year, making it the 448th most active market in NSW based on total real estate transactions.

Surburb overview

Ourimbah, postcode 2258, is a suburb on the Central Coast of New South Wales, located about 90 kilometres north of Sydney CBD and roughly 12 kilometres south-west of Gosford CBD. It falls within the Central Coast Council local government area and is positioned at the foothills of the Watagan Mountains, bordered by Lisarow, Tuggerah and Kangy Angy. The suburb combines residential areas with bushland and rural properties, while also serving as a transport and education hub.

The population of Ourimbah is around 4,000 residents, according to the most recent census. The demographic profile shows a mix of age groups, with families, students and retirees well represented. The presence of the University of Newcastle’s Central Coast campus has contributed to a younger demographic, attracting students from across the region. Housing is varied, with detached dwellings on suburban blocks, acreage properties and townhouse developments.

Public transport is a notable feature of Ourimbah, with its railway station providing direct services to Sydney and Newcastle on the Main Northern line. Bus services link the suburb to Gosford, Tuggerah and other nearby communities. Road access is convenient via the Pacific Motorway (M1), which lies to the west, and the Pacific Highway, which runs through the suburb and connects it to surrounding areas.

Essential establishments include a small shopping precinct with local services, while larger retail needs are met at Westfield Tuggerah and Gosford. Ourimbah is home to several educational institutions, including the University of Newcastle’s Central Coast campus and a TAFE NSW campus, as well as Ourimbah Public School. Secondary schools are available in nearby Lisarow, Tuggerah and Gosford. Healthcare services can be accessed locally, with Gosford and Wyong hospitals providing major facilities within short driving distance.

Recreational activities in Ourimbah are strongly tied to its natural setting. The suburb is surrounded by bushland reserves and state forests, offering opportunities for bushwalking, mountain biking and horse riding. Sporting fields, parks and community facilities are available for local use. Its proximity to Tuggerah Lakes and Central Coast beaches, such as Toowoon Bay and Shelly Beach, further broadens the recreational options available to residents.

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