Suburb Profile Report for Teralba NSW (2284)

Teralba House: Median price $415,000, Annual capital growth 2.98%, Number of sales 58, Weekly median advertised rent $550

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

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

  • House Report

Property investors who have had real estate in Teralba, 2284 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 increase in value by 0.61%

A 2.47% growth in median value for property investors in Teralba,2284 puts this suburb at number 241th in terms of best performing suburbs in NSW

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.36% offered to property buyers. Sellers in Teralba itself are offering an average vendor discount of -3.59% to real estate investors.

At number 1372 in a list of fastest selling suburbs, Teralba is in the TOP 40% of suburbs in Australia with an average of days on market 63.0278 for properties listed there.

The NSW suburb of Teralba, 2284 is in the Lake Macquarie (C) local government area.

Metrics i HOUSE UNIT
$415,000 N/A
5.06% N/A
0.61% N/A
2.98% N/A
$550 N/A
58 N/A
6.89% N/A
63.0277777777778 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1558
Median household income ($/weekly) 907
Median age of persons 44
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 175 11.2
    25-34 years 151 9.7
    35-44 years 183 11.7
    45-54 years 234 15.0
    55-64 years 194 12.5
    Others 621 39.9
    Age Group
    Census Count Percent(%)
    Not Married 508 46.2
    Registered Married 481 43.8
    Defacto Relationship 110 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1360 92.4
    Greece 9 0.6
    Papua New Guinea 13 0.9
    United Kingdom 49 3.3
    Other 8 0.5
    Others 33 2.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.5
    Christianity 1079 76.2
    Hinduism 3 0.2
    Other Religious Groups 4 0.3
    No Religion 317 22.4
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 56 10.8
    $400-$599 74 14.3
    $600-$799 62 12.0
    $800-$999 56 10.8
    $1,500-$1,999 60 11.6
    Others 209 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 565 45.4
    Employed, worked full-time 389 31.3
    Employed, worked part-time 198 15.9
    Unemployed, looking for work 58 4.7
    Employed, away from work 34 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 78 12.5
    Technicians & trades workers 119 19.1
    Community & personal service workers 83 13.3
    Clerical & administrative workers 82 13.1
    Labourers 72 11.5
    Others 190 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 26 8.2
    Infants/Primary 109 34.3
    Secondary 104 32.7
    Technical or Further Educational Institution 48 15.1
    University or other Tertiary Institutions 27 8.5
    Others 4 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1226 89.8
    Caravan, cabin, houseboat 73 5.3
    Semi-detached, row or terrace house, townhouse 38 2.8
    Flat, unit or apartment 29 2.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 217 38.8
    Being purchased 200 35.8
    Rented 133 23.8
    Other tenure type 9 1.6
    Tenure Type
Census 2011, ABS
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