Terreel is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 3, the suburb has an older demographic with a median age of 68. Households earn a median income of $23K per year, with an average household size of 1 people.
The median house price in Terreel is $710,000, having surged 44.9% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.8%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Terreel offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 30.3x is considered stretched. House prices have moved +44.9% year-on-year.
Terreel is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 3, the suburb has an older demographic with a median age of 68. Households earn a median income of $23K per year, with an average household size of 1 people.
The median house price in Terreel is $710,000, having surged 44.9% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.8%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Terreel offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 30.3x is considered stretched. House prices have moved +44.9% year-on-year.