Suburb Profile Report for Terrigal NSW (2260)

Terrigal House: Median price $811,250, Annual capital growth 4.19%, Number of sales 179, Weekly median advertised rent $570

Terrigal Unit: Median price $686,250, Annual capital growth 2.62%, Number of sales 132, Weekly median advertised rent $530

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

Source: CoreLogic

  • House Report
  • Unit Report

Terrigal has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.52% to date .

The five-year average increase in median property values for Terrigal,2260 has given property investors a potential capital gain of 39.34% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Terrigal is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 564th in terms of most discounted suburbs in NSW

At number 485 in a list of fastest selling suburbs, Terrigal is in the TOP 20% of suburbs in Australia with an average of days on market 48.84 for properties listed there.

Situated 51.16km from the CBD, Terrigal is one of Gosford localities in the postcode 2260.

Property investors who have had real estate in Terrigal, 2260 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.24%

Terrigal,2260 was ranked 611 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Terrigal should be aiming for at least -5.70% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $530 and the average annual increase in value of a median property of 2.62%, investors should hope to achieve an overall return of 4.02%

HOUSE UNIT
$811,250 $686,250
1.41% 1.29%
10.52% 19.24%
4.19% 2.62%
$570 $530
179 132
3.65% 4.02%
48.84 69.97

Source: CoreLogic

DSR Score for property investment : Good (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