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Posted: 2014-12-16 04:18:00

LUXURY holiday rentals on the Central Coast are in high demand with visitors willing to spend $12,000 or more a week for an ocean view or a hinterland acreage.

If you have ever wondered how the other half lives, for $1590 a night or $11,000 a week, you could join them.

That is the rental price for the luxurious four-bedroom Infinity Edge, a spectacular cliff-edge townhouse at Terrigal offering a 360-degree ocean panorama.

Or for $1575 a night or $11,000 a week, you could live in total luxury at the Lighthouse at Avoca Beach, a spectacular penthouse with a sensational clifftop position with 180-degree views of Avoca and Terrigal.

Infinity Edge, Terrigal - luxury holiday accommodation with fabulous views over Terrigal

Infinity Edge, Terrigal - luxury holiday accommodation with fabulous views over Terrigal Skillion. Source: Supplied

The Light House, Avoca Beach - luxury holiday accommodation at $11,000 per week.

The Light House, Avoca Beach - luxury holiday accommodation at $11,000 per week. Source: Supplied

Both properties are booked out for the Christmas holiday period and both are listed with coast holiday rental specialist Accom Holidays which boasts at least seven luxurious coast homes with asking prices of between $7000 and $11,000 a week.

“We are almost completely booked out for the Christmas period, but do have a few vacancies in January,” Accom Holiday’s Tammerly Robinson said.

“We needed to find extra properties this year, which is a bit unusual.

“$11,000 sounds a lot, but if you have a group of people you can split it up so it’s a bit cheaper. But obviously some people will pay that just to get out of the city.”

If it is not a spectacular ocean view you are after, there are always lush acreages available in areas such as Matcham.

LJ Hooker at Terrigal manages 206 Oak Rd, Matcham, which lets for $12,500 per week in the peak season between December 21 and January 31, $9000 in the shoulder season, $6000 in the off-season and $5500 for two nights all year round, regardless of the ­season.

Yours for $12,500 per week, 206 Oak Road, Matcham.

Yours for $12,500 per week, 206 Oak Road, Matcham. Source: Supplied

Brett Hunter from centralcoastholidays.com.au said the peak Christmas season was fully booked with Sydney and international visitors happy to pay premium prices for quality homes like the Glasshouse on Scenic Hwy at Terrigal.

It’s let for $10,000 a week over the Christmas break.

It’s Scandinavian style architecture with polished concrete floors and vast use of glass makes it a landmark property and highly sought after.

“It’s usually always families that rent the Glasshouse, from Sydney and overseas,” Mr Hunter, who also owns Raine and Horne Terrigal and Avoca, said.

“It’s normally executives who want to stay in touch with the world, it’s not an escape from the world type holiday, it’s a family holiday.”

Brett Hunter from Raine and Horne Terrigal, at a luxury holiday home overlooking the ocea

Brett Hunter from Raine and Horne Terrigal, at a luxury holiday home overlooking the ocean and the skillion, Scenic Highway, Terrigal. Picture:Peter Clark Source: News Limited

Luxury holiday rentals booming at $12K per week

The Glass House, Terrigal. Source: Supplied

“The cap for this end of the market is between $10,000 and $12,000 a week, the median price is around $4000 to $5000 a week and for the bottom end, you would be paying between $1500 and $2000 a week for a two-bedroom unit with no pool and no view.”

Mr Hunter’s business has recorded a 16 per cent growth in bookings on December last year.

He experienced a 15 per cent growth in November and a 60 per cent increase in October.

“It’s not just about the dollars we’re raising, it’s about the number of guests because our small businesses rely on lots of holiday guests so they can survive for the rest of the year.

“For every $1 spent on accommodation, guests will spend another $2.80 on dining, drinking and sight seeing.”

The Glass House, Terrigal.

The Glass House, Terrigal. Source: Supplied

THE Central Coast’s robust tourism economy sees visitors splash the cash injecting $830 million annually into the region through direct spending.

Domestic overnight visitors are the most lucrative market sector spending over $530 million, followed by day trippers at $265 million and international visitors providing $33 million to the local economy.

Around 2.3 million tourists visited the Central Coast from October 2013 to March 2014 and close to 1.3 million domestic overnight tourists visited.

And the trend of staying close to home with the family is set to continue this year.

Central Coast Tourism chief executive officer Robyne Abernethy said while the bulk of visitors will be family groups visiting friends and family, not all will choose to stay with family,

“The trend this year does appear to be domestic,” Ms Abernethy said.

Central Coast Tourism CEO Robyne Abernethy.

Central Coast Tourism CEO Robyne Abernethy. Source: News Limited

“With the state election coming up, people tend to get nervous and keep their pennies in their pocket, so we expect a bumper season.

“Central Coast Tourism has been inundated with requests and bookings for self contained apartment style accommodation followed closely by hotels, motels and resorts with unique and luxury options rounding out the top three styles of accommodation,” Ms Abernethy said.

“Trends on our website indicate that our visitors are looking to get out and enjoy our natural assets.

“Many plan on taking to the water including hiring a vessel, a paddleboard or enjoying a spot of fishing with one of the charter companies.

“Our iconic attractions, the Australian Reptile Park, Glenworth Valley Outdoor Adventures and Treetop Adventure Park continue to lead the interest in our land based activities.”

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