3/87 Railway Street, Teralba, NSW 2284 | Townhouse for sale | OnTheHouse
 
FOR SALE
Just Listed

3/87 Railway Street
Teralba NSW 2284

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 218m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

OFF PLAN - Freshwater Terraces – Contemporary Townhouse Living in Teralba, Lake Macquarie

MUST READ - For buyers seeking panoramic lake views (T1, T2, T11), low-maintenance living and the quality of a brand-new home in one of Teralba’s most desirable lakeside pockets, Freshwater Terraces delivers a rare and highly appealing opportunity. Designed by Torren Bell and built by award-winning Hunter Coast Homes, this exclusive boutique development of just 12 architecturally designed townhomes has been carefully planned to maximise light, space and its elevated easterly outlook over Lake Macquarie.
Freshwater Terraces combines contemporary coastal style with premium craftsmanship and practical everyday living. Each residence has been thoughtfully designed with high ceilings, quality finishes and carefully selected fixtures and accessories throughout, creating a sense of sophistication rarely found in townhouse living. Features including solid core internal doors, plaster set cornices, modern lighting, stone benchtops and stylish designer inclusions further elevate the homes and reflect the quality of construction throughout the development.
The spacious open-plan interiors seamlessly connect the kitchen, dining and living zones, creating bright and inviting spaces equally suited to relaxed family living or entertaining guests. Large balconies, courtyards and outdoor entertaining areas extend the living outdoors, allowing residents to enjoy sweeping district and lake views in a peaceful setting.
At the centre of each home is a beautifully appointed kitchen featuring stone benchtops, premium appliances, generous storage and breakfast bar seating for casual dining. Modern comforts including air-conditioning, NBN connectivity, internal laundries and secure garage parking ensure every terrace is move-in ready with comfort and convenience already built in.
Upstairs, the master suites provide a private retreat complete with walk-in robes, ensuites and balconies where the lake outlook becomes part of everyday life. Flexible floorplans also include additional bedrooms, rumpus rooms or study spaces, making these homes ideal for professionals, couples, downsizers, investors and growing families alike.
Residents of Freshwater Terraces also enjoy exclusive access to a shared inground swimming pool, adding a genuine resort-style lifestyle element without the maintenance demands of a larger property. The location further enhances the appeal, with Lake Macquarie’s boating, fishing, walking trails and waterfront parklands only moments away. Teralba village shops, cafés, schools and the train station are all nearby, while Toronto, Warners Bay, Charlestown and Newcastle remain within easy reach.
Importantly for investors, the proposed 2026 Federal Budget changes continue to favour new residential developments, with eligible brand-new properties retaining access to negative gearing benefits and allowing investors to choose the existing 50% Capital Gains Tax discount structure. This further strengthens the long-term investment appeal of Freshwater Terraces as a premium new-build opportunity in a tightly held lakeside location.
Construction is well underway, with project completion anticipated in June 2026 and settlements expected between August and September 2026, providing buyers the opportunity to secure a premium brand-new lakeside residence ahead of completion.
With only a limited number of homes remaining, Freshwater Terraces represents a rare opportunity to secure boutique lake-view living in a tightly held location where quality new developments are seldom released.
Remaining Available Residences
See More

Property Details for 3/87 Railway St, Teralba

3/87 Railway St, Teralba is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 218m2. The place is currently for sale with @realty.

Building Type
Townhouse
Land Size
218m2
Commute Calculator

About Teralba 2284

The size of Teralba is approximately 14.2 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Teralba in 2016 was 1588 people. By 2021 the population was 2654 showing a population growth of 67.1% in the area during that time. The predominant age group in Teralba is 30-39 years. Households in Teralba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teralba work in a professional occupation.In 2021, 74.80% of the homes in Teralba were owner-occupied compared with 72.10% in 2016.

Teralba has 1,655 properties. Over the last 5 years, Houses in Teralba have seen a 76.96% increase in median value, while Units have seen a 39.17% increase. As at 31 July 2026:

  • The median value for Houses in Teralba is $1,135,932 while the median value for Units is $683,522.
  • Houses have a median rent of $810 while Units have a median rent of $565.
There are currently 10 properties listed for sale, and 1 property listed for rent in Teralba on OnTheHouse. According to Cotality's data, 56 properties were sold in the past 12 months in Teralba.

Teralba Profile Page

Suburb Insights for Teralba 2284

Visit Teralba profile page
Market Insights
Teralba Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Teralba Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Teralba profile page
Contact agent
agent headshot
Garry Braams
Show contact details
Call agent
@realty
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED