Question 1

Is Terrey Hills a nice place to live?

Accepted Answer

Terrey Hills is a leafy, semi-rural suburb on Sydney’s northern fringe, with bushland, rolling streets and a low-density feel. Housing ranges from older timber cottages to contemporary homes and acreage properties, so it appeals to families, professionals and people who want more space and a quieter lifestyle. Extensive reserves and bush tracks attract walkers, mountain bikers and horse riders, while a compact village centre supplies cafés, shops and everyday services. Good road links make neighbouring centres and the coast accessible, giving residents a rural-fringe lifestyle within reach of the wider northern suburbs.

The community numbers 3,142 people, with a median age of 47 and a typical household income of $2,778 a week (about $144,456 a year).

Among families, couple families with children are the largest group at 53.1%, while couple families without children make up 37.8%. One parent families account for 8.3% and other families 0.7%, so couples (with and without children) together comprise about 90.9% of families.

In Terrey Hills, owner-occupied homes are dominant, accounting for 85.3% of dwellings (46.8% owned outright and 38.5% owned with a mortgage), with 14.7% rented.

Question 2

Is it expensive to live in Terrey Hills?

Accepted Answer

For renters in Terrey Hills, average house rent is $1,300 a week. Against a typical local household income of $2,778 a week as recorded at the last Census, that rent would take about 47% of a household's weekly income, which is a large share. If you're renting rather than buying, that rent share is the figure that matters and whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Terrey Hills a good place to invest?

Accepted Answer

Over the past 12 months house values in Terrey Hills edged up 0.8% while house rents rose 8.8%. On the house side, rental income has been the stronger performer this year compared with capital growth.

If rental income is your priority, the 8.8% rent rise is the number that matters; if you are focused on capital growth, the 0.8% change in house values is the relevant figure. Whether that balance suits your plans depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	0.8%	N/A
Sold Past 3 months	5	1
Median days on market Past 12 months	47	N/A
Average rent Past 12 months	$1300	N/A
Change in rent Past 12 months	8.8%	N/A

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