Suburb Profile Report for Terrigal NSW (2260)

Terrigal House: Median price $900,000, Annual capital growth 5.49%, Number of sales 173, Weekly median advertised rent $600

Terrigal Unit: Median price $793,500, Annual capital growth 4.72%, Number of sales 139, Weekly median advertised rent $550

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

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

  • House Report
  • Unit Report

Property investors who have had real estate in Terrigal, 2260 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.96%

Comparing Terrigal,2260 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Terrigal is offering property investors an average of -6.46. This rate of discount on properties puts Suburb at number 257th in terms of most discounted suburbs in NSW

Situated 51.55km from the CBD, Terrigal is one of Central Coast (C) (NSW) localities in the postcode 2260.

Terrigal is in the TOP 30% in NSW when comparing median price capital growth over the last year. Terrigal gave property investors a good capital gain figure when compared to the rest of the state, with 4.75%.

Comparing Terrigal,2260 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Terrigal are currently offering property investors an average price cut of -7.28% below the asking price at the moment.

Terrigal, 2260’s gross rental yield is 3.60%

Metrics i HOUSE UNIT
$900,000 $793,500
-0.83% 3.73%
-2.96% 4.75%
5.49% 4.72%
$600 $550
173 139
3.47% 3.60%
62.9669421487603 91.3947368421053

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

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 10614
Median household income ($/weekly) 1323
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1276 12.0
    25-34 years 1192 11.2
    35-44 years 1358 12.8
    45-54 years 1474 13.9
    55-64 years 1494 14.1
    Others 3820 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 4052 51.4
    Not Married 3178 40.3
    Defacto Relationship 648 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7848 78.8
    Papua New Guinea 190 1.9
    South Africa 122 1.2
    United Kingdom 945 9.5
    Other 262 2.6
    Others 591 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 126 1.3
    Christianity 7383 76.3
    Hinduism 34 0.4
    Islam 48 0.5
    No Religion 2030 21.0
    Others 61 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 372 10.5
    $800-$999 324 9.1
    $1,500-$1,999 423 11.9
    $2,000-$2,499 337 9.5
    $2,500-$2,999 368 10.4
    Others 1720 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3071 37.2
    Not in the labour force 2898 35.1
    Employed, worked part-time 1686 20.4
    Employed, away from work 304 3.7
    Unemployed, looking for work 288 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 732 14.5
    Professionals 1258 24.8
    Technicians & trades workers 657 13.0
    Clerical & administrative workers 715 14.1
    Sales 609 12.0
    Others 1092 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 198 8.0
    Infants/Primary 784 31.5
    Secondary 748 30.1
    Technical or Further Educational Institution 217 8.7
    University or other Tertiary Institutions 479 19.3
    Others 61 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6792 69.1
    Semi-detached, row or terrace house, townhouse 2083 21.2
    Flat, unit or apartment 579 5.9
    Caravan, cabin, houseboat 367 3.7
    House or flat attached to a shop, office 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1543 39.7
    Being purchased 1254 32.2
    Rented 1080 27.8
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
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