The size of Terrace Creek is approximately 44.2 square kilometres. It has 1 park covering nearly 54.2% of total area. The population of Terrace Creek in 2011 was 215 people. By 2016 the population was 34 showing a population decline of 84.2% in the area during that time. The predominant age group in Terrace Creek is 60-69 years. Households in Terrace Creek are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Terrace Creek work in a managers occupation. In 2011, 66.3% of the homes in Terrace Creek were owner-occupied compared with 76.4% in 2016..
Terrace Creek has 27 properties. As at 31 October 2024:
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