SOLD
Sold on 08 Aug 2024 for $445,000

5 Park Street
Teralba NSW 2284

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1081m2
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Property Details for 5 Park St, Teralba

Building Type
Commercial
Land Size
1081m2
Local Government
Lake Macquarie
Lot/Plan
4/DP743747

Property History for 5 Park St, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$445,000
08 Aug 2024
  • 08 Aug 2024
    Sold for $445,000
  • 01 Sep 2016
    Sold for $188,100
  • 20 May 2002
    Sold for $176,000
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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 1,620 properties. Over the last 5 years, Houses in Teralba have seen a 100.05% increase in median value, while Units have seen a 65.46% increase. As at 31 August 2024:

  • The median value for Houses in Teralba is $899,167 while the median value for Units is $611,200.
  • Houses have a median rent of $720 while Units have a median rent of $443.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Teralba on OnTheHouse. According to CoreLogic's data, 89 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.