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 |
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.
A two bedroom house at Site 9/474 Terrigal Drive, Terrigal (below) was sold in February this year for $142,500.
Similarly a two bedroom house at 46/2-10 Duffys Road, Terrigal (below) was sold in February this year for $130,000.