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.