Suburb Profile Report for Terrigal NSW (2260)

Terrigal House: Median price $882,500, Annual capital growth 5.76%, Number of sales 172, Weekly median advertised rent $620

Terrigal Unit: Median price $727,000, Annual capital growth 4.99%, Number of sales 112, Weekly median advertised rent $540

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of -7.35% for the last 12 months, Terrigal, 2260 has performed for property investments than its average annual 5.76% property growth over the last 5 years.

Across a shorter period, Terrigal, 2260 has seen a median price increase of -1.94% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Terrigal, 2260. Typically our figures indicate that -9.13% is being offered, which puts this NSW suburb at 470th most discounted overall in Australia.

At number 1315 in a list of fastest selling suburbs, Terrigal is in the TOP 40% of suburbs in Australia with an average of days on market 69.1176 for properties listed there.

The NSW suburb of Terrigal, 2260 is in the Central Coast (C) (NSW) local government area.

With a capital gain of -7.97% for the last 12 months, Terrigal, 2260 has performed for property investments than its average annual 4.99% property growth over the last 5 years.

The five-year average increase in median property values for Terrigal,2260 has given property investors a potential capital gain of 32.18% across each of those five years.

Property buyers and investors in Terrigal 2260 should be seeing an average reduction in asking price of around -8.29% . This means that Terrigal is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $540 and the average annual increase in value of a median property of 4.99%, investors should hope to achieve an overall return of 3.86%

Metrics i HOUSE UNIT
$882,500 $727,000
-1.94% 3.86%
-7.35% -7.97%
5.76% 4.99%
$620 $540
172 112
3.65% 3.86%
69.1176470588235 89.0140845070423

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. 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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