Real Estate

Ray Hadley’s former holiday home sells for record-breaking price

Ray Hadley’s former holiday home sells for record-breaking price

A home formerly owned by radio presenter Ray Hadley has smashed local property records after it was sold for $9 million over the summer holidays.

The 2GB presenter formerly owned the beachfront house in Toowoon Bay, on the NSW Central Coast, and used it as a holiday home before selling it for $3,275,000 in 2016.

Prior to its most recent sale, an $8 million house in Pearl Beach held the record for the region after it was sold in 2021.

Cathy Baker of Belle Property Central Coast sold the record-breaking home and said the Central Coast area is in the middle of a price surge.

“The Central Coast has seen a surge in property prices off the back of the pandemic. Travel restrictions and lockdowns encouraged people to reconsider their lifestyle, while flexible work arrangements have allowed more people to live wherever they want, which is often by the Coast,” Ms Baker said.

“Covid has changed the way many of us holiday and we’ve seen unprecedented demand for luxury homes on the Coast, which buyers are using (for) their own holidays as well as to make lucrative returns.”

Along with Sydneysiders visiting for holidays, the Toowoon Bay area is also home to young families who have moved there to enjoy a laid back coastal lifestyle.

The Toowoon Bay home is due to become another option for hopeful visitors to the area, with its launch as a holiday rental home on Belle Escapes Central Coast due soon.

With its prime location, lucky renters will be able to enjoy the nearby bays, lakes and beaches, as well as its panoramic water views, heated plunge pool, and pool cabana.

“It has to be one of the best beachfront homes on the East Coast,” Ms Baker said. “It’s private and sheltered - even the beach is protected and the bay is great for snorkelling, paddling and swimming.

“The width of the frontage is rare. It’s hard to appreciate how amazing the aspect is until you walk into the home and soak in the incredible views.

“The architect Mark Eastham designed the home in such a way that it feels like you’re living outdoors on a beach.”

The Central Coast has seen a surge in prices for high-end properties, with the median price for a Central Coast home increasing from nearly $624,000 in 2020 to $682,000 in 2021.

Images: realestate.com.au, @bellepropertycentralcoast (Instagram)

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