OFF MARKET

117 Railway Street
Teralba NSW 2284

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 230m2
Land area: 1344m2
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Property Details for 117 Railway St, Teralba

117 Railway St, Teralba is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1344m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1960
Floor Size
230m2
Land Size
1344m2
Local Government
Lake Macquarie
Lot/Plan
1/DP38687

Last Listing description (February 2024)

An exciting development opportunity that boasts a generous 1347sqm block of land in a R3 medium density zone. Whether you are looking to build multiple properties or design your dream home, this property offers endless possibilities for developers and investors. Not only does this property offer development potential, but it also includes a bright and airy three-bedroom home that presents an excellent opportunity for those seeking to personalize their living space. The spacious eat-in kitchen with a convenient breakfast bar provides ample room for cooking and hosting guests. The front lounge room offers a cosy fireplace, perfect for creating a warm ambiance on chilly winter evenings and the large, tiled 2nd living area towards the rear of the home extends to an outdoor entertainment area, ideal for hosting summer barbecues and al fresco dining. Completing the home is the large garage plus the added benefit of having your own spacious air-conditioned home office, perfect for anyone looking to work their trade from home.
This property is situated in a highly sought-after location, with easy access to local amenities such as shops, restaurants, and cafes. The Teralba Public School is also just a short distance away, making this property the perfect choice for families with children. 117 Railway St, Teralba is the perfect opportunity for investors, developers, and homebuyers looking to create their dream property. With its prime location, generous block size, and existing home, this property is sure to attract interest from a wide range of potential buyers.

Property History for 117 Railway St, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$925,000
23 Oct 2023
Listed for Rent
$500/w
08 Jan 2021
  • 23 Oct 2023
    Sold for $925,000
  • 05 Apr 2023
    Listed for Sale Contact Agent
  • 05 Dec 2020
    Listed for Rent $500 / week
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About Teralba 2284

The size of Teralba is approximately 14.2 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Teralba in 2011 was 1,558 people. By 2016 the population was 1,587 showing a population growth of 1.9% in the area during that time. The predominant age group in Teralba is 50-59 years. Households in Teralba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Teralba work in a trades occupation. In 2011, 73.2% of the homes in Teralba were owner-occupied compared with 72.1% in 2016.

Teralba has 1,628 properties. Over the last 5 years, Houses in Teralba have seen a 79.10% increase in median value, while Units have seen a 62.47% increase. As at 31 October 2024:

  • The median value for Houses in Teralba is $899,963 while the median value for Units is $598,513.
  • Houses have a median rent of $720 while Units have a median rent of $443.
There are currently 11 properties listed for sale, and no properties listed for rent in Teralba on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Teralba.

Suburb Insights for Teralba 2284

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.