NSW Registered Law Firm, LEAD Conveyancing

s149 / s10.7s + Lawyer included in fixed fee
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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

1. Send us a copy of the contract & when you’ll make an offer
2. Tell us when you’d like to settle on the property
3. We’ll achieve a satisfactory outcome for you

1. Send us a copy of the contract or instruct us to draft it
2. Tell us more about the property you’re selling
3. We’ll achieve an on-time settlement for you

1. Let us know what you are proposing to do
2. We'll review the contract & s10.7 looking for red-flags
3. We’ll suggest changes & special conditions in the contract to protect your interest

Gosford is a working class town with close to 169,000 residents, most of whom are blue collar and white collar workers. Over the last few years, the local population has steadily grown despite its small surface area being only 3.4 square kilometers. Gosford has a very young population, most of whom are within the age range of 20-29 years of age. Hence the demand for much smaller homes outweighs the demand for larger ones. Due to the rising population, the demand and cost of housing have also witnessed a slight spike, reflecting the 3.2% population growth. 

To this end, the property market has continued to thrive despite a slow growth rate compared to surrounding localities. The average mortgage repayments in the area is about $1000 to $1399 monthly, and about 26.9% of Gosford houses are occupied by their owners, based on recent data.

This has given rise to an injection of investment by investors into rented properties to meet the demand of prospective tenants. While it is not uncommon to find buyers for private properties, most of the properties traded in the local markets are bought by investors who rent them out to others. The number of owner-occupied houses rose by less than 4% over the last four years, indicating that the rental property market is still going strong. The median price for houses in Gosford is $760,000, and the capital value gain stands at 0.73%. 

If you are looking for properties that will increase in value over a short period of time, Gosford is not the ideal location for you, but if you want properties at a location that will give you regular gross rental yield, the area is ideal.

• East Gosford achieved the highest capital gains of 8.88% in the locality
• Houses listed up for sale spend an average of 17 days on the market before they are snapped up
• Weekly rents average about $495

Buying a house in Gosford is not the hard part; what many find stressful is transferring the title deed from one owner to the new owner. Just like with other suburbs in New South Wales, changing the ownership of a property is fraught with challenges. This is why many investors prefer to use the help of Conveyancing experts to get the job done. Costly errors like a misspelled name or signature differences can create future problems for you. Also, wrong or insufficient information about the house may put your investment at risk. This is why the service offered by a Conveyance expert is crucial for a seamless transfer of ownership from the seller to the buyers.

Gosford is a small residential community in the Central Coast local government Council somewhere in the heart of the Central Coast region. Lying just 76 kilometers on the north side of Sydney, this suburb has a population of about 169,000 residents. Gosford shares a common boundary with the Hawkesbury River and Broken Bay hence its rich water source. Before the coming of settlers from the west, it was occupied by the Gunringai tribe, who lived along the coastal line. In the hinterland were the Darkingjing tribe, who were largely hunters and gatherers. On the fringes of Hawkesbury River lies the Brisbane Water district, which fueled the local economy before and after the settlers arrived

One of the first settlers to explore the area was Governor Phillip, who toured the land from1788 and 1789. However, due to the tough terrain, settlers only began to arrive around 1823. And from then on, the population began to increase. Agriculture played an important part in the local economy and the rich soil mad with a haven for timber export. So much so that in 1850, a cartwheels track was constructed to allow for the transportation of timber to the hinterland. 

The town itself was named after the 2nd Earl of Gosford, Archibald Acheson, who was a friend of the then Governor of New South Wales, by the name of Geroge Gipps. The origin of the name emanated from Gosford in Armagh, Northern Ireland, where some of the first settlers came from.

• About 50% of the first settlers were ex-convicts
• The postcode is 2250

Other surrounding suburbs are

• Narara
• Wyoming
• Point Clare

The wider area of Gosford is largely developed with a retinue of local attractions that will keep you busy and captivated if you seek fun and pleasure. Here are some of the nice spots in the community.

Girrakool Picnic Area

Girrakool is a green space for family groups and friends to sit and enjoy picnics in a serene environment. It is far from the general hustle and bustle of central Gosford. It is also a good place for families and lovers to bond.

F220 Smokehouse

F220 Smokehouse serves tasty steaks and cocktails, but that’s not what makes it tick. This smokehouse is nestled in a quiet environment, and their meals are served according to your specification. Their personalized service is what makes it one of the best eateries in the area.

Bon Pavilion

The Bon Pavilion is another very good spot to chill and have a nice time. They serve a wide array of menus, and their meals are affordable

Mount Bouddi

If you want to stretch your legs on a walk, Mount Bouddi is the perfect spot. Lush plants surround the walking track, and you can even enjoy family picnics in the area if you so wish.

Other fun spots in Gosford are

• Mr. Black Distillery
• Somersby Fall
• Distillery Botanica
• Vintage Fair 
• Central Coast Commons
• Oz Strike Tours