Terrigal records NSW's worst five year median price decline: Investar

Terrigal records NSW's worst five year median price decline: Investar
Terrigal records NSW's worst five year median price decline: Investar

Terrigal recorded the highest housing median price decline over the past five years in New South Wales, according to Investar’s latest report.

The property investment firm says that over this time period, the median price in Terrigal has declined by 47 percent.

This is followed by nearby beach location, Avoca Beach with 37 percent and then Aberdeen with 21 percent.

Suburb

Postcode

Bedrooms

Current median price

5 year decline

Terrigal

2260

2

$215,000

47%

Avoca Beach

2251

2

$299,000

37%

Aberdeen

2336

3

$235,000

21%

Singleton

2330

5

$520,000

20%

Queanbeyan

2620

2

$309,000

15%

A two bedroom house at 21/2-10 Duffys Road, Terrigal (above) has been listed for sale.

Similarly a two bedroom house at 64/474 Terrigal Drive, Terrigal (below) has been listed for between $180,000 to $190,000.

Terrigal records NSW's worst five year median price decline: Investar

A two bedroom house at Site 9/474 Terrigal Drive, Terrigal (below) was sold in February this year for $142,500.

Terrigal records NSW's worst five year median price decline: Investar

Similarly a two bedroom house at 46/2-10 Duffys Road, Terrigal (below) was sold in February this year for $130,000.

Terrigal records NSW's worst five year median price decline: Investar

Tags: 
Investar Terrigal

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