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%