Terara, NSW 2540
Inside Terara, NSW 2540's recent activity
In the last 12 months, Terara, NSW 2540 saw three houses sold, two houses rented and one unit sold — too small a sample to describe a suburb-wide figure.
For a fuller picture of Terara, the resident profile below is drawn from the most recent Census.
Who lives hereA low-income, largely mortgage-free, retirement-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Terara demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Terara?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Terara
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Terara
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.3× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Terara
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Terara
1 school inside Terara, plus the closest options around it. Families can choose from 1 primary school in Terara and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Terara · 1Order by
- 1Terara Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students227Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Terara median house price & rent
Headline price, rent, yield and time on market for Terara — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Terara property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Terara
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Terara against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Terara in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Terara — Units & Houses, all bedrooms
Terara median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Terara rose from $579k (Jul 2021) to $1.08M (Jun 2026) — +85.9% growth over five years — peaking at $1.44M between May 2025 and Apr 2026. Median house rent went from $378/wk to $251/wk (−33.6%) over the same period.
Suburbs near Terara: prices compared
The nearest suburbs to Terara, ranked by distance — each lined up against Terara on the same measures, so the differences jump out at a glance.
Frequently asked · Terara
22 data-driven answers about Terara's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Terara?
#The median house price in Terara, NSW 2540 is $608k as of June 2026. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Terara?
#The median unit price in Terara, NSW 2540 is $608k as of June 2026. Units currently trade at roughly 100% of the median house price.
How much does it cost to rent in Terara?
#The median weekly house rent in Terara is $482 as of June 2026. House rents have moved +0.5% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 4 bedroom house in Terara?
#A 4 bedroom house in Terara rents for a median $482 per week as of June 2026. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Terara?
#Gross rental yield in Terara is 1.21% for houses as of June 2026, compared with the NSW unit median of 2.74%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 4 bedroom house in Terara?
#As of June 2026, Terara medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | — | $608k | $608k |
| Units | $608k | — | — | — | $608k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Terara's property market trends?
#Terara's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +0.5%; homes now sell in a median 109 days — slower than a year ago by 47; sales supply sits at 2.4 months (tight). Read together — price, rent, selling speed and supply — they show which way the Terara market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Terara as an investment?
#As of June 2026 in Terara, house prices rose +50.0% over the year, gross rental yield is 1.21% against a NSW median of 2.80%, houses take a median 109 days to sell, sales supply is 2.4 months (tight). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Terara?
#Houses in Terara sell in a median 109 days on market as of June 2026, with units clearing slightly similarly at 109 days. Days on market have lengthened by 47 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Terara a tight or loose property market right now?
#Terara's sales market sits at 2.4 months of supply for houses as of June 2026 — classified as Tight against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
Have property prices in Terara gone up or down?
#House prices in Terara moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How it compares
Vs state, vs nearby, vs popularHow does Terara compare to other NSW suburbs?
#Terara's median house price ($608k) is 37% below the NSW median ($971k) as of June 2026. On selling speed, houses clear in 109 days vs 17 days state median. On gross yield, Terara sits at 1.21% vs 2.80% state median.
What's the most popular property type in Terara?
#The most-transacted segment in Terara over the 12 months to June 2026 is 4 bed houses with 1 sale. 1 bed units come second at 1 sale. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Terara last year?
#Terara recorded 1 house sale and 1 unit sale over the 12 months to June 2026 — a combined 2 transactions. On the rental side, 1 house and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Terara in?
#Terara is in postcode 2540, in the Southern Highlands & Shoalhaven region of NSW. Addresses there are written as Terara, NSW 2540.
What is the population of Terara?
#Terara, NSW 2540 is home to 175 residents (ABS Census 2021). The median resident age is 33, and the average household holds 1.5 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Terara?
#The median household in Terara earns $643 per week — roughly $33k a year (ABS Census 2021). Median personal income runs $282/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Terara?
#The unemployment rate in Terara is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Terara?
#Terara is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Terara?
#Terara has 26 schools within reach, 1 of them inside the suburb itself — including Terara Public School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Terara a good place to live?
#Terara, NSW 2540 has a population of 175, a median age of 33, a median household income around $643/week, 50% of households renting (ABS Census 2021). There are 26 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Terara market data last updated?
#This Terara market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.