54 Outrigger DriveTeralba NSW 2284
Property Details for 54 Outrigger Dr, Teralba
54 Outrigger Dr, Teralba is a 0 bedroom, 0 bathroom House. The property has a land size of 633m2 and floor size of 306m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (February 2024)
Possibly the last remaining 630m2 level block of land with an enviable 21m frontage, all that is left to do is build your showcase home and capitalise on Lake Macquarie's best performing suburb over the past 5 years.
Between the bush and the water, luxury Billy's Lookout is just 2.5km from the Speers Point foreshore and known for its stunning coastal aesthetic and premium architectural builds. Completed homes on similar land parcels have recently achieved from $1.1m - $1.65m in the past 12 months (Core Logic).
Our favourite features of this rare-sized block are its wildlife corridor outlook, north facing backyard and generous envelope to accommodate the design of the ultimate forever home.
The land is registered and ready to build on.
Ideally located in Teralba - this Lake Macquarie suburb has risen 125% in 5 years and just claimed a spot on NSW's Top 10 Boom Suburbs; in fact it was number 3, right after perennial seachange favourite Kingscliff. Buyers love that unlike other emerging new estates, it is still close to all the action of the water and cafes (2.5km).
Location: 5min to Speers Point, 10min to Warners Bay or the Freeway, 15min to Charlestown, 25min to Newcastle or John Hunter Hospital.
Lifestyle: Walk to coffee in the morning at Maddz on York in quaint Teralba Village (1km), cycle around Lake Macquarie or sunset drinks at Pippis. Weekends you will love the waterfront Speers Point Farmers Market or brunching at Warners Bay. 5min to local Coles and Woolworths, 15min to Kotara Westfields, 20min to Redhead Beach and 40min to the Hunter Valley.
Property History for 54 Outrigger Dr, Teralba, NSW 2284
- 22 Sep 2023Listed for Sale $650,000 to $680,000
- 24 Jun 2019Sold for $305,000
- 27 Oct 2018Listed for Sale Price By Negotiation
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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 1,627 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.
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