Spring Terrace
NSW, 2798 - Cabonne

Thinking about buying in Spring Terrace? Now could not be a better time, with just 68 residential dwellings it's a highly sought after location.

The average property price for this area is $1,242,000 with prices in this suburb ranging from $154,000 to $4,230,000.

Distance to the coast is 192 Km.

Properties for sale in Spring Terrace

Household Makeup

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Instant Property Valuation

Spring Terrace Real Estate Market Outlook

In Spring Terrace 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Spring Terrace due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Spring Terrace provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Spring Terrace 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 Spring Terrace a better buying opportunity than it may have been in the past.

Housing Stock

Properties for sale Spring Terrace

Belle Property 308 ORCHARD RD, SPRING TERRACE, NSW, 2798 Beds4 Bathrooms3 Parking 4 Contact agent

Local Schools

Spring Terrace Public School

Spring Hill Public School

(While the above schools are located with the suburb of Spring Terrace 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.

Spring Terrace weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

08-11-2023 $1,520,000 308 ORCHARD RD
02-05-2023 $1,750,000 4 SPRING TERRACE RD
02-12-2022 $400,000 41 HOLMES RD
04-05-2022 $1,325,000 1705 FOREST REEFS RD
14-12-2018 $640,000 1665 FOREST REEFS RD
14-12-2018 $2,900,000 54 WALDEGRAVE RD
15-11-2018 $215,000 7 WALDEGRAVE RD
19-10-2018 $820,000 215 SPRING TERRACE RD
27-07-2018 $700,000 614 FOREST RD
13-04-2018 $510,000 37 BAKERS RD
22-03-2017 $1,110,500 272 ORCHARD RD
05-12-2016 $535,000 42 COWRIGA RD
22-05-2015 $800,000 30 KELLY LANE
01-05-2015 $900,000 704 FOREST RD
15-12-2014 $645,000 1727 FOREST REEFS RD
06-06-2014 $315,000 1714 FOREST REEFS RD
04-12-2013 $645,000 314 WALDEGRAVE RD
10-08-2012 $625,000 29 KELLY LANE
15-06-2012 $450,000 42 COWRIGA RD
30-03-2011 $710,000 4 SPRING TERRACE RD
03-12-2010 $472,500 308 ORCHARD RD
10-03-2010 $515,000 1727 FOREST REEFS RD
25-09-2009 $400,000 365 WALDEGRAVE RD
18-09-2009 $249,000 1714 FOREST REEFS RD
04-09-2009 $305,000 276 WALDEGRAVE RD
07-05-2007 $380,000 42 COWRIGA RD
30-05-2006 $1,050,000 57 PILCHER RD
31-08-1992 $211,000 1705 FOREST REEFS RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

HuntleyWaldegraveSpringsideSpring HillForest ReefsSpring CreekCadiaLucknowCanobolasShadforth

Public Transport

General Points of Interest

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