SOLD
Sold on 16 Apr 2024 for $495,000

42 Outrigger Drive
Teralba NSW 2284

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 479m2
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Property Details for 42 Outrigger Dr, Teralba

Building Type
Land
Land Size
479m2
Local Government
Lake Macquarie
Lot/Plan
1812/DP1306702

Property History for 42 Outrigger Dr, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$495,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $495,000

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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 1,621 properties. Over the last 5 years, Houses in Teralba have seen a 107.78% increase in median value, while Units have seen a 53.15% increase. As at 31 July 2024:

  • The median value for Houses in Teralba is $934,932 while the median value for Units is $557,138.
  • Houses have a median rent of $710 while Units have a median rent of $443.
There are currently 5 properties listed for sale, and 1 property listed for rent in Teralba on OnTheHouse. According to CoreLogic's data, 86 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.