Suburb Profile Report for Terrey Hills NSW (2084)

Terrey Hills House: Median price $1,545,000, Annual capital growth 6.53%, Number of sales 31, Weekly median advertised rent $940

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 2563th in the list of Australian suburbs ordered by increase in median house value over the last year, Terrey Hills, 2084 is in the BOTTOM 40% with a property value increase of -1.90% recorded in median house prices.

Over the longer term, Terrey Hills has seen property prices show investors a -0.18% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Terrey Hills is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 733th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Terrey Hills the average time real estate has been on the market is 40.6316 days.

With the median price for a house in Terrey Hills being $1545000 and the advertised rent reaching $940 the gross rental yield for property investors calculates out to be 3.16%

Metrics i HOUSE UNIT
$1,545,000 N/A
6.55% N/A
-1.90% N/A
6.53% N/A
$940 N/A
31 N/A
3.16% N/A
40.6315789473684 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Balanced (U)
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Demographics
Total population 2985
Median household income ($/weekly) 1902
Median age of persons 41
Median housing loan repayment ($/monthly) 2809
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 471 15.8
    35-44 years 428 14.3
    45-54 years 460 15.4
    55-64 years 394 13.2
    65-74 years 310 10.4
    Others 922 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 1329 61.2
    Not Married 732 33.7
    Defacto Relationship 109 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2284 78.9
    Papua New Guinea 57 2.0
    South Africa 49 1.7
    United Kingdom 238 8.2
    Other 59 2.0
    Others 206 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.2
    Christianity 2021 72.2
    Judaism 15 0.5
    Other Religious Groups 22 0.8
    No Religion 691 24.7
    Others 17 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 99 12.3
    $2,000-$2,499 76 9.4
    $2,500-$2,999 111 13.7
    $3,000-$3,499 70 8.7
    $4,000 or more 83 10.3
    Others 369 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 861 38.8
    Not in the labour force 649 29.3
    Employed, worked part-time 582 26.2
    Employed, away from work 81 3.7
    Unemployed, looking for work 45 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 253 16.6
    Professionals 395 25.9
    Technicians & trades workers 234 15.3
    Clerical & administrative workers 238 15.6
    Sales 141 9.2
    Others 266 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 61 7.2
    Infants/Primary 303 36.0
    Secondary 267 31.7
    Technical or Further Educational Institution 62 7.4
    University or other Tertiary Institutions 125 14.8
    Others 24 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2686 95.0
    Caravan, cabin, houseboat 66 2.3
    Semi-detached, row or terrace house, townhouse 47 1.7
    Flat, unit or apartment 23 0.8
    House or flat attached to a shop, office 5 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 388 42.8
    Being purchased 372 41.1
    Rented 140 15.5
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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