Suburb Profile Report for Terrigal NSW (2260)

Terrigal House: Median price $880,250, Annual capital growth 5.45%, Number of sales 187, Weekly median advertised rent $600

Terrigal Unit: Median price $715,000, Annual capital growth 4.04%, Number of sales 138, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 10.55% which means that Terrigal, 2260 has done well for property investors by showing a capital gain of 10.03% over the last year

Terrigal,2260 has offered an average of 10.03% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Terrigal, 2260. Typically our figures indicate that -5.51% is being offered, which puts this NSW suburb at 1919th most discounted overall in Australia.

In the last year 187 properties changed hands in Terrigal, which puts it as the 78th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $600 mark per week – giving a return of 3.54% based on the median price in Suburb

Over the last year, property investments in Terrigal, 2260 have given investors a capital gain of 5.15%. This compares averagely with the 8.01% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Terrigal has increased when compared to the 5 year average annual rate.

Vendor discounting in Terrigal is giving property investors an average Vendor Discount of around -4.53%. This puts suburb at number 155th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Terrigal the average time real estate has been on the market is 53.23 days.

Situated 39.63km from the CBD, Terrigal is one of Gosford localities in the postcode 2260.

Metrics i HOUSE UNIT
$880,250 $715,000
1.69% 1.78%
10.03% 5.15%
5.45% 4.04%
$600 $550
187 138
3.54% 4.00%
48.9 53.23

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 10614
Median household income ($/weekly) 1323
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1276 12.0
    25-34 years 1192 11.2
    35-44 years 1358 12.8
    45-54 years 1474 13.9
    55-64 years 1494 14.1
    Others 3820 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 4052 51.4
    Not Married 3178 40.3
    Defacto Relationship 648 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7848 78.8
    Papua New Guinea 190 1.9
    South Africa 122 1.2
    United Kingdom 945 9.5
    Other 262 2.6
    Others 591 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 126 1.3
    Christianity 7383 76.3
    Hinduism 34 0.4
    Islam 48 0.5
    No Religion 2030 21.0
    Others 61 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 372 10.5
    $800-$999 324 9.1
    $1,500-$1,999 423 11.9
    $2,000-$2,499 337 9.5
    $2,500-$2,999 368 10.4
    Others 1720 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3071 37.2
    Not in the labour force 2898 35.1
    Employed, worked part-time 1686 20.4
    Employed, away from work 304 3.7
    Unemployed, looking for work 288 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 732 14.5
    Professionals 1258 24.8
    Technicians & trades workers 657 13.0
    Clerical & administrative workers 715 14.1
    Sales 609 12.0
    Others 1092 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 198 8.0
    Infants/Primary 784 31.5
    Secondary 748 30.1
    Technical or Further Educational Institution 217 8.7
    University or other Tertiary Institutions 479 19.3
    Others 61 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6792 69.1
    Semi-detached, row or terrace house, townhouse 2083 21.2
    Flat, unit or apartment 579 5.9
    Caravan, cabin, houseboat 367 3.7
    House or flat attached to a shop, office 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1543 39.7
    Being purchased 1254 32.2
    Rented 1080 27.8
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals