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