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Terrace Creek
NSW, 2474 - Kyogle

Thinking about buying in Terrace Creek? Now could not be a better time, with just 25 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $680,000 with prices in this suburb ranging from $619,000 to $1,424,000. The aproximate distance to the coast is 63 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Terrace Creek Real Estate Market Outlook

In Terrace Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Terrace Creek is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Terrace Creek leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Terrace Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Terrace Creek

PRD 418 terrace rd, terrace creek, nsw, 2474 Beds3 Bathrooms1 Parking 2 $1,690,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Terrace Creek there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Terrace Creek weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan4.519.131.447.594.11.923.8
Feb2.319.731.25494.92.124.2
Mar5.018.229.451.094.11.718.4
Apr1.614.027.048.595.71.516.7
May1.99.523.847.196.21.313.9
Jun1.67.721.449.996.11.412.0
Jul1.17.221.946.196.61.113.2
Aug0.86.023.732.394.11.415.8
Sept1.49.926.136.194.81.619.8
Oct2.212.327.936.894.61.823.1
Nov2.216.230.340.293.21.825.9
Dec3.618.331.145.393.61.824.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

10-06-2021 $860,000 376 FINDON CREEK RD
14-09-2018 $500,000 220 FINDON CREEK RD
29-07-2016 $880,000 405 FINDON CREEK RD
08-12-2014 $300,000 20 LEVERS RD
25-11-2014 $322,500 22 LEVERS RD
15-08-2014 $380,000 376 FINDON CREEK RD
13-08-2014 $305,000 22 LEVERS RD
17-10-2013 $175,000 203 TERRACE RD
12-09-2012 $375,000 349 FINDON CREEK RD
31-08-2009 $750,000 418 TERRACE RD
02-04-2009 $852,990 509 TERRACE RD
17-02-2006 $300,000 176 TERRACE RD
09-05-2005 $380,000 29 MCINNES RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

GrevilliaSawpit CreekOld GrevilliaSherwoodFindon CreekRoseberry CreekRukenvaleGradys CreekRoseberryThe Risk

Public Transport


General Points of Interest

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