Suburb Profile Report for Terrigal NSW (2260)

Terrigal House: Median price $850,000, Annual capital growth 5.03%, Number of sales 176, Weekly median advertised rent $575

Terrigal Unit: Median price $712,500, Annual capital growth 3.45%, Number of sales 128, Weekly median advertised rent $515

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Terrigal, 2260 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.59%.

Over the longer term, Terrigal has seen property prices show investors a 41.67% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Terrigal 2260 should be seeing an average reduction in asking price of around -6.40% . This means that Terrigal is holding prices well when compared to other suburbs in NSW.

The NSW suburb of Terrigal, 2260 is in the Gosford local government area.

Over the last year, property investments in Terrigal, 2260 have given investors a capital gain of 11.33%. This compares favourably with the 6.07% for NSW as a whole.

Terrigal,2260 was ranked 296 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 -5.19% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $515 mark per week – giving a return of 3.76% based on the median price in Suburb

Metrics i HOUSE UNIT
$850,000 $712,500
3.03% 4.78%
7.59% 11.33%
5.03% 3.45%
$575 $515
176 128
3.52% 3.76%
51.67 60.36

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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