202/224 Terrigal Dr, Terrigal is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 3387m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Located in a prime position across from the Terrigal lagoon and parklands and only a short stroll to Terrigal Beach. This strata/ freehold titled Resort complex is the perfect investment/weekender/holiday accommodation.
As an investment option it does not get much easier with a professional management team living on-site that takes care of all the bookings, cleaning, maintenance and security and then deposits your returns, which at the moment are showing great returns from trading through Covid.
* Heated pool and large relaxation area around the pool
The size of Terrigal is approximately 9.1 square kilometres. It has 28 parks covering nearly 10.6% of total area. The population of Terrigal in 2011 was 10,614 people. By 2016 the population was 11,344 showing a population growth of 6.9% in the area during that time. The predominant age group in Terrigal is 50-59 years. Households in Terrigal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Terrigal work in a professional occupation. In 2011, 70.5% of the homes in Terrigal were owner-occupied compared with 72.3% in 2016.
Terrigal has 6,847 properties. Over the last 5 years, Houses in Terrigal have seen a 67.73% increase in median value, while Units have seen a 44.31% increase. As at 30 November 2024:
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