Terranora

POSTAL CODE: NSW, 2486

HOUSE

Based on its average 5-year and quarterly capital gains TERRANORA, 2486 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that TERRANORA, 2486 obtained a 9.46% growth over a ten-year period. It ranks 242nd on our list of suburbs that property investors should look into.

TERRANORA, 2486 in NSW belongs to the local government area of Tweed.

TERRANORA, 2486 has a capital gain of 8.34% for the past year, which is lower than average compared to its 84.64% growth within a five-year period.

With the median home price in TERRANORA sitting at $1,292,500, and the average rent at $1175, property owners could potentially earn a 4.73% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in TERRANORA are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,292,500	N/A
Growth Report
Median Quarterly	-4.26%	N/A
Median 12 month	8.34%	N/A
Median 3 years	-0.58%	N/A
Median 5 years	84.64%	N/A
10 years average annual	9.46%	N/A
Weekly media advert. rent	$1,175	N/A
Time on Market	81.5 days	N/A
Gross Rental Yield Percent	4.73%	N/A

Demographics (Median Values)*

Total Population 31594

Weekly Household Income 1069

Household Size 2.40

Average Age 48

Monthly Loan Repayment 1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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