SOLD
Sold on 14 May 2024 for $489,000

59 Outrigger Drive
Teralba NSW 2284

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 208m2
Land area: 625m2
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Property Details for 59 Outrigger Dr, Teralba

Building Type
Land
Year Built
2024
Floor Size
208m2
Land Size
625m2
Local Government
Lake Macquarie
Lot/Plan
2417/DP1297232

Last Listing description (November 2023)

Offering convenient access to transport, and only a short stroll from the park and playground facilities. We are now selling the final blocks, reach out to our Land Sales Consultant Annabel Nist via 1300 292 333 to secure your block now!

- Land Registered and ready to build on

- Secure with just a 5% deposit
- Close proximity to Newcastle CBD and easy access to Sydney
- Community-focused and just minutes to the lake, shops and schools

Billy's Lookout is surrounded by majestic parklands, waterways and nature tracks that give the area its distinctive natural beauty. Adjoining the stunning environmentally protected open space on the banks of Lake Macquarie, Billy's Lookout provides you with an abundance of leisure activities and beautiful landscapes. Every day brings a new pursuit, with a variety of activities just minutes away; boating, fishing, bushwalking and cycling, just to name a few. Weekends can be spent at the popular Redhead Beach just a 20 minute drive away.

With clear horizons and many parks, this friendly, community-focused little piece of heaven is also just minutes to the lake, shops and schools.
With clear horizons and many parks, this friendly, community-focused little piece of heaven is also just minutes to the lake, shops and schools.

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Property History for 59 Outrigger Dr, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$489,000
14 May 2024
  • 14 May 2024
    Sold for $489,000
  • 28 Jul 2023
    Listed for Sale $499,000

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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 1,628 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.

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