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Terara, NSW 2540
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,690,000
market range $825K-$1.7M
Median Unit
$625,000
market range $175K-$500K
Gross Yield (houses)
1.9%
1yr Growth (units)
-4.0%
estimate
Investment snapshot for Terara
Terara has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Terara market and investor summary
Terara (NSW 2540) runs a median house price of $1.7M, with houses yielding a gross 1.9%. At 2.4% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 1.9% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 286 days on market, so plan for a slower exit if you ever need one.
Living in Terara: people, income and schools
About 305 people live in Terara, a number that has held fairly steady over five years. The median age is 59, an older, established demographic, and 72% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $43,000 a year, or roughly $830 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 36% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 14 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 12 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 305
- +4% over 5yr
- Median age
- 59 years
- Median household income
- $43,000/yr
- Households renting
- 14%
- Family households
- 45%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 14
- avg ICSEA 951
- Unemployment
- 5.2%
- Walk score
- 12/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Terara
View all →Frequently asked questions about Terara
What should I check before investing in Terara?
Terara has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Terara?
The median property price in Terara, NSW 2540 is $1.7M for houses and $625K for units.
What rental yield does Terara show?
The gross rental yield in Terara is 1.9% for houses and 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Terara?
The current vacancy rate in Terara is 2.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Terara?
Terara has a population of approximately 305 residents, with a median age of 59.
What schools are near Terara?
There are 14 schools within roughly 5km of Terara. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Terara's population growing?
The population of Terara has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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