I live on the CC and have been watching the local market very carefully for past year. Prices have almost doubled in past 2-3 years. I still believe there is more growth in the area. You will not find positive cash anywhere even in the cheaper areas up in the north end eg. Budgewoi. I purchased a property in Saratoga in March for $320k now valued at $420K. There are many investors renovating to sell straight away in the Terrigal, Wamberal areas and it is possible to make a $100k profit providing you purchase in the right streets.
Central Coast is a big area and prices are very different suburb to suburb so if you have an area in mind let me know.
