First Home Buyers Guide 2026
What to Expect for Property and Interest Rates on the Central Coast NSW
If you’re a first home buyer on the Central Coast, 2026 is shaping up to be a strong year to enter the property market. With interest rates stabilising and price growth slowing compared to previous years, buyers now have more breathing room to plan smartly and confidently.
Whether you’re looking in Terrigal, Erina, Wamberal, Avoca Beach, Gosford, Tuggerah or Wyong, here’s what 2026 could mean for you.
Interest Rates in 2026 – What First Home Buyers Need to Know
After years of rapid changes, interest rates are expected to be far more stable in 2026.
The RBA is likely to hold rates steady for much of the year. However, that’s not to say we won’t see any change in the variable rate. Much will depend on the inflation figures.
While we probably won’t see ultra-low rates again soon, the good news is predictability.
Stable rates help first home buyers budget repayments and plan ahead.
What this means for Central Coast buyers:
Your borrowing power should remain fairly consistent, making it easier to get pre-approved and confidently house hunt.
Central Coast Property Market Outlook for 2026
Property prices across the Central Coast are expected to continue rising in 2026, but at a slower, more sustainable pace.
Key trends:
Strong demand from Sydney buyers relocating for lifestyle and affordability.
Limited housing supply keeping prices supported.
More affordable suburbs outperforming premium beach locations.
Suburbs such as Wyong, Woy Woy, Blue Haven, Hamlyn Terrace and Berkeley Vale are likely to remain popular with first home buyers due to lower entry prices.
Good news:
You’re less likely to face wild bidding wars compared to recent years. This creates a healthier buying environment.
First Home Buyer Grants & Incentives (NSW)
In 2026, first home buyers on the Central Coast can still access:
First Home Guarantee Scheme
Buy with as little as 5% deposit
No Lenders Mortgage Insurance (LMI)
Government guarantees part of your loan
NSW Stamp Duty Concessions
Full or partial stamp duty exemption (subject to price caps).
First Home Owner (New Homes) Grant
Using these correctly can save you tens of thousands of dollars.
Rental Market Pressure on the Central Coast
Rents remain high across the region:
Vacancy rates are low
Weekly rents have risen significantly
Many renters are paying more than a mortgage would cost
This is pushing many Central Coast renters to consider buying sooner.
For some buyers, owning can be cheaper than renting in the long term.
Smart Tips for First Home Buyers in 2026
1. Get Pre-Approved Early
This gives you:
✔ Clear budget
✔ Stronger negotiating power
✔ Faster offers when you find “the one”
2. Be Flexible
Your first home doesn’t need to be perfect:
Units & townhouses
Up-and-coming suburbs
Cosmetic renovations
3. Work With a Local Broker
A local Central Coast broker understands:
Lender policies
Local property values
First home buyer schemes
This can mean:
Higher borrowing power
Better rates
Correct loan structure from day one
Is 2026 a Good Time to Buy Your First Home on the Central Coast?
For many buyers, yes – especially if:
✔ You have stable income
✔ You’ve saved a deposit
✔ You plan to live in the property long-term
Trying to time the market rarely works. Property is a long-term game.
Final Thoughts
2026 is shaping up to be a balanced year for first home buyers on the Central Coast:
✅ More interest rate stability
✅ Slower price growth
✅ Strong government support
✅ Ongoing rental pressure
Preparation is everything. The earlier you plan, the smoother your journey will be.