At number 2969th in the list of Australian suburbs ordered by increase in median house value over the last year, Terrey Hills, 2084 is in the BOTTOM 30% with a property value increase of -7.10% recorded in median house prices.
Over the longer term, Terrey Hills has seen property prices show investors a 9.45% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Terrey Hills should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1130 in a list of fastest selling suburbs, Terrey Hills is in the TOP 40% of suburbs in Australia with an average of days on market 65.8889 for properties listed there.
Using the current median advertised rental of $940 and the average annual increase in value of a median property of 6.56%, investors should hope to achieve an overall return of 3.25%