2018-19 Central Coast Investment Prospectus 2018-19
Gosford aerial showing revitalisation and development of the Central Coast hub

About The Central Coast

LOCATION

The Central Coast is an hour north of Sydney CBD and is located halfway between Sydney and Newcastle which is the largest regional city in NSW putting it at the centre of a population of around six million people.

AREA

The Central Coast encompasses a total area of 1,680 square kilometres including more than 80 kilometres of coastline. Around 70% of this area comprises national parks, state forest, bushland, agricultural land and waterways.

GOVERNMENT

The region is governed by the Central Coast Council which established in 2016 following the amalgamation of Gosford and Wyong Councils. Representation on Council is through 15 elected councillors representing five Wards.

Gosford City is the capital of the region and is seeing unprecedented growth and investment from government and the private sector.

POPULATION

With an estimated population in June 2018 of 342,047 the Central Coast is one of the fastest growing regions in NSW.

About 30% of the working population commute to work in Sydney each day. Of those who live and work within the region the largest employing sector is Health Care and Assistance followed by Education and Training, Retail, Construction and Manufacturing.

ECONOMY

In 2016/17 the region generated Output of $24.9 billion resulting in Headline Gross Regional Product of $13.5 billion which represented 2.5% of New South Wales. There were 23,617 registered local businesses based in the region in 2018.

THE FUTURE

In 2016 the NSW Government introduced the Central Coast Regional Plan 2036 that will see the population grow by 75,500 more people in 20 years, create 24,674 jobs and see 41,500 more dwellings.

LIVEABILITY

The Central Coast is known for its quality of life that starts with lower residential living costs than in Sydney, the opportunity to live close to the beach, in a rural setting or in suburbia, highly regarded education facilities, exceptional health care services and the opportunity to participate in almost any recreational or sporting activity.

INVESTORS

The Central Coast is undergoing a resurgence of investment as property developers and businesses take advantage of the opportunities led by strong government infrastructure development.

Map - Central Coast

Map - Central Coast