Property value increases in Teralba have tracked higher than the NSW average of 11.06% over the last 12 months.
Teralba,2284 was ranked 1503 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Teralba is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 390th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Teralba the average time real estate has been on the market is 67.41 days.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 5.35%.