Avoca Beach Houses vs. Terrigal Houses | January 16th, 2025

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-avoca-beach/

While both suburbs are premier coastal destinations, the data reveal distinct investment profiles for each:

  • Median Price & Growth: Avoca Beach currently holds a higher entry point with a median house price of $1,745,000, compared to Terrigal’s $1,620,000. More significantly, Avoca Beach has seen a robust 9.1% growth over the past 12 months, vastly outperforming Terrigal’s modest 1.3% increase.
  • Market Velocity: Properties in Terrigal move faster, with a median of 44 days on market, whereas Avoca Beach houses take slightly longer at 53 days.
  • Supply & Demand: Terrigal is a higher-volume market with 195 sales in the last year, nearly triple that of Avoca Beach (68 sales). This suggests that Avoca Beach is a more tightly held, "exclusive" market.
  • Rental Yield: Investors may find Terrigal slightly more attractive for cash flow, offering a 3.1% yield versus Avoca Beach’s 2.9%.

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