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Terara
NSW, 2540 - Shoalhaven

Thinking about buying in Terara? Now could not be a better time, with just 236 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $347,000 with prices in this suburb ranging from $19,000 to $7,100,000. Terara is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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

Terara Real Estate Market Outlook

In Terara 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 Terara 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. The slightly lower than average earnings from occupations in Terara changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Terara to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Terara we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Terara a better buying opportunity than it may have been in the past.

Properties for sale Terara

Ray White 149 SOUTH ST, TERARA, NSW, 2540 Beds3 Bathrooms2 Parking 2 950000

Local Schools

Terara Public School

Nowra High School

Nowra East Public School

Nowra Public School

Nowra Anglican College

St Michael's Catholic Primary School

Bomaderry Public School

Illaroo Road Public School

Bomaderry High School

Shoalhaven High School

(While the above schools are located with the suburb of Terara 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.

Terara 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
Jan2.719.225.465.889.84.822.9
Feb4.419.024.866.989.34.619.3
Mar4.518.224.162.287.54.816.1
Apr2.715.522.256.984.44.114.2
May1.913.320.052.478.74.411.2
Jun3.411.317.553.477.14.59.0
Jul2.110.217.546.572.64.410.1
Aug2.710.518.044.574.64.812.8
Sept1.512.219.947.380.24.516.6
Oct2.614.021.355.185.24.720.6
Nov2.115.823.156.485.04.622.3
Dec2.417.624.061.685.74.522.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-02-2024 $450,000 120 MILLBANK RD
26-06-2023 $395,000 119 TERARA RD
18-04-2023 $2,035,000 196 MILLBANK RD
14-07-2022 $1,000,000 131 MILLBANK RD
29-04-2022 $770,000 5 HOLME ST
01-04-2022 $1,550,000 2 TERARA RD
04-06-2021 $380,000 5 NOBBLERS LANE
28-04-2021 $1,250,000 8 FORSYTH ST
08-03-2021 $1,060,000 344 COMERONG ISLAND RD
03-12-2020 $685,000 4 WEST BERRY ST
28-05-2020 $2,250,000 55 TERARA RD
04-07-2019 $700,000 73 MILLBANK RD
02-11-2018 $533,334 88 TERARA RD
08-10-2018 $905,000 92 MILLBANK RD
28-09-2018 $6,250,000 77 MILLBANK RD
04-06-2018 $680,000 121 TERARA RD
25-09-2017 $1,230,000 6 HOLME ST
21-07-2017 $550,000 182 SOUTH ST
25-01-2017 $12,500 1 MILLBANK RD
11-01-2017 $646,000 10 FORSYTH ST
06-01-2017 $2,000,000 135 TERARA RD
09-12-2016 $1,035,000 330 COMERONG ISLAND RD
22-11-2016 $13,700 92 TERARA RD
18-03-2016 $580,000 6 FOX ST
27-02-2015 $900,000 1 NOBBLERS LANE
13-02-2015 $430,000 139 TERARA RD
16-07-2014 $45,000 3 SOUTHERN RD
17-04-2014 $1,450,000 196 MILLBANK RD
26-06-2013 $1,650,000 62 MILLBANK RD
12-11-2012 $410,000 6 FOX ST
15-10-2012 $405,000 3 HOLME ST
02-02-2012 $405,000 119 TERARA RD
29-06-2011 $1,000 55 TERARA RD
02-05-2011 $550,000 125 TERARA RD
06-12-2010 $310,000 151 SOUTH ST
27-08-2010 $290,000 7 MILLBANK RD
24-05-2010 $600,000 73 MILLBANK RD
21-01-2010 $585,000 131 MILLBANK RD
15-01-2010 $330,000 3 HOLME ST
21-04-2008 $480,000 155 SOUTH ST
17-12-2007 $460,000 24 WEST BERRY ST
30-11-2007 $61,000 5 NOBBLERS LANE
21-09-2007 $695,000 196 MILLBANK RD
16-03-2006 $435,000 73 MILLBANK RD
14-03-2006 $220,000 390 COMERONG ISLAND RD
16-08-2005 $6,000 1 MILLBANK RD
09-06-2005 $120,000 3 HOLME ST
20-04-2005 $800,000 174 MILLBANK RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

NowraBomaderryBolongBrundeeWest NowraNumbaaWorrigeeNorth NowraSouth NowraBack Forest

Public Transport


General Points of Interest

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