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Terranora, NSW 2486

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Terranora, NSW 2486 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Terranora, NSW 2486”

  1. The total adult population (15 years or older) of Terranora 2486 NSW is 2,652, with a median age of 42. Of those, 57.77% are married, 10.26% are divorced or separated, 28.21% are single and 3.70% are widowed.

    The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $8,920. The median monthly mortgage repayment for households in this suburb is $2,167 which is 24.29% of their earnings.

    Source: ABS Census Data (2021)

  2. Fresh data from Q3 2023 suggests that property investors looking towards the suburb of Terranora 2486 in NSW should pay careful attention. Estimated to be composed of over 1307 households, this lush pocket of the state presents an interesting opportunity for those with a keen eye on value and long-term gains.

    Property prices at Terranora were recorded at an average of $1,252,460, with the median weekly rent pegged at $842. This puts the indicative yield at an attractive 3.5%. The yield matches the minimum required market requirement, signalling favourable conditions for cash flow-focused investors. The suburb also boasts a socio-economic score (IRSAD) of 1041 out of 1217, indicative of a thriving, affluent demographic with considerable economic resources.

    Investors will also be pleased to note Terranora’s low renter to owner ratio of just 11%, meaning the area isn’t overrun by rental properties, reducing risk and competition amongst property investors. Furthermore, the unit-to-house ratio is at an ideal 0%, suggesting that the absence of units helps to maintain a strong and stable market environment, minimising competition amongst landlords and ideally fostering enduring tenancies.

    However, one area where Terranora does present a challenge is in its affordability index. The number stands at a somewhat steep 55 years, indicating prolonged ownership durations that may prove daunting for many prospective buyers. This may be an area of importance for investors looking at long-term rental income rather than quick capital growth.

    On the supply side, Terranora fares impressively with a markedly low stock on market Percentage of 0.16%. This bodes well for investors, signifying a limited supply that could drive property prices upward. The suburb also has a relatively low inventory level of just 0.43 months suggesting an absorbent property market. Furthermore, new residential buildings aren’t flooding the market; the building approvals Ratio stands at a favourable 0.16%.

    Properties in Terranora don’t stay on the market for long either, with the average days on market sitting at 26. Combined with a moderate vacancy rate of 1.43%, this supports the notion of reasonably high demand compared to the supply in the region.

    Terranora’s buy search index clocks in at 5, on par with the state’s average. This indicates well-maintained interest in property purchase within the area, further solidifying its standing as a viable investment destination.

    While there’s no ‘one-size-fits-all’ property investment strategy, Terranora’s favourable supply-demand dynamics and strong socio-economic status make it a compelling contender. Keep in mind, however, it’s essential to carefully consider all factors and diversify your portfolio. Being guided by HtAG Analytics’ Relative Composite Score (RCS) metric, a comprehensive research tool encompassing over 80 metrics, can guarantee an informed and profitable property investment venture. Always keep an eye on the latest market trends and move swiftly when opportunities present themselves.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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