Terrigal is a well-established suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2260). With a population of 12,730, the suburb has an established demographic with a median age of 43. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Terrigal is $1.4 million, having dropped significantly 10.4% over the past year. Units have a median price of $1.2 million (+10.9% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,492.
Terrigal is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 2 rail stations, 1 tram stop, 74 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Terrigal offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 13.4x is considered stretched. House prices have moved -10.4% year-on-year.
Terrigal is a well-established suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2260). With a population of 12,730, the suburb has an established demographic with a median age of 43. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Terrigal is $1.4 million, having dropped significantly 10.4% over the past year. Units have a median price of $1.2 million (+10.9% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,492.
Terrigal is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 2 rail stations, 1 tram stop, 74 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Terrigal offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 13.4x is considered stretched. House prices have moved -10.4% year-on-year.