Terrey Hills suburb profile
Terrey Hills is a picturesque suburb located in the Northern Beaches region of Sydney, known for its lush greenery and semi-rural charm. Situated approximately 25km north of the Sydney CBD, it offers a tranquil escape with a strong community spirit. The suburb is surrounded by national parks, providing ample opportunities for outdoor activities such as hiking and horse riding. Terrey Hills is home to a variety of local amenities, including schools, shops, and cafes, making it a convenient yet peaceful place to live. Its blend of natural beauty and suburban convenience appeals to families and nature enthusiasts alike.
Terrey Hills property market performance
Current median dwelling price$1,758,250Past 3 months
Property growth+0.9%Past 12 months
Terrey Hills has experienced minimal growth in its property market over the last 12 months, with house values increasing by 1.9%. However, unit values have remained stagnant, with no recorded change. The median house price is unavailable, reflecting limited sales activity, with only 9 houses and 1 unit sold recently.
Houses in Terrey Hills are spent an average of 47 days on the market, suggesting moderate demand, while the unit market shows insufficient data to draw conclusions due to minimal sales. The rental market for houses has seen an average rent increase of 7.9%, reaching $1,295. No notable activity is noted in the unit rental market.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 1.9% | N/A |
Sold Past 3 months | 9 | 1 |
Median days on market Past 12 months | 47 | N/A |
Average rent Past 12 months | $1295 | N/A |
Change in rent Past 12 months | 7.9% | N/A |
5 year median price trend for houses and units
Terrey Hills demographics
Terrey Hills, located in the Northern Beaches region of Sydney, is a serene suburb known for its lush greenery and spacious properties. With a population of 3,142, it offers a tranquil lifestyle away from the hustle and bustle of the city. The median age of 47 indicates a mature community, with many residents enjoying the peaceful environment and family-friendly atmosphere. The suburb is particularly appealing to families, with 53.1% of households being couple families with children, highlighting its suitability for raising a family.
Housing in Terrey Hills is predominantly owner-occupied, with 46.8% of properties owned outright and 38.5% owned with a mortgage. This high rate of home ownership reflects the suburb's stability and appeal to long-term residents. Only 14.7% of properties are rented, indicating a preference for permanent settlement among its residents. The suburb's spacious homes and large blocks of land are attractive to those seeking a more relaxed and private lifestyle.
The community in Terrey Hills is close-knit, with a strong emphasis on family values and outdoor living. The suburb is surrounded by national parks and reserves, offering ample opportunities for outdoor activities such as hiking, horse riding, and picnicking. Its proximity to the beaches and the city makes it an ideal location for those who want to enjoy the best of both worlds. With a median total household income of $2,778 per week, residents of Terrey Hills enjoy a comfortable standard of living, making it a desirable place to call home.
Terrey Hills infrastructure, key developments and investment opportunities
Terrey Hills is seeing steady local investment, with ongoing enhancements to equine, golf and nursery facilities reinforcing its semi-rural character and appeal to lifestyle buyers. Incremental upgrades to nearby arterial roads and connections towards major employment hubs on the Northern Beaches and in the upper North Shore are improving car-based accessibility, which is important given the suburb’s limited public transport options. Established private and public schools in and around Terrey Hills, combined with access to recreational assets such as national parkland and trail networks, continue to underpin family demand and support premium pricing.
There are currently no widely publicised, large-scale new transport links, retail centres or major rezoning initiatives specific to Terrey Hills that would materially alter the suburb’s built form or density in the short term. As a result, recent and near-term changes are more about gradual improvements to amenity and connectivity rather than transformational projects, supporting a stable, lifestyle-driven property market with limited new housing supply.
Terrey Hills rental market trends
The rental market in Terrey Hills is experiencing growth, with house rents increasing by 7.9% over the past year to $1,295 per week. Unit rents have remained stable at $0. This suburb’s appeal is bolstered by its leafy environment and lifestyle offerings, making it attractive for families and long-term investors looking for solid, stable prospects.
Suburbs near Terrey Hills
Some popular suburbs near Terrey Hills include:
How does Terrey Hills compare to nearby suburbs?
- Median house prices: Terrey Hills’s median house price is 14.3% lower than Elanora Heights’s.
- Median unit prices: Terrey Hills’s median unit price is 46.2% higher than Warriewood’s.
- House price growth: Over the past 12 months, house prices in Terrey Hills have grown 1.0% higher than in Belrose.
- Unit price growth: Property prices in nearby Warriewood have risen 17.0% more than in Terrey Hills over the past year.
- Selling speed for houses: Properties in Terrey Hills are selling 50.5% faster than in Church Point.
- House price growth: Over the past 12 months, house prices in Terrey Hills have grown 19.9% higher than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Terrey Hills have grown 53.9% higher than the average rate of growth for units across Sydney.

