16 Terania St, Russell Vale is a 4 bedroom, 4 bathroom Townhouse with 2 parking spaces and was built in 1964. The property has a land size of 664m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
With a potential rental income of up to $1280 per week and no strata fees, this solid block of four one-bedroom apartments showcases a quality investment on a 664sqm level block with street frontage of 18.25 metres. To be sold in one line the units are neatly presented and feature spacious open-plan living areas, light-filled bedrooms and polished timber floors throughout. Each unit has its own private entrance, and enjoys the tranquility of the leafy, easy to maintain common grounds and lawns. This property is in a good location on the eastern side of the Princes Highway, next to a nature reserve and offers a convenient lifestyle for its occupants with close proximity to shops, transport, schools, parks and beaches.
- All four apartments are currently leased to long-term tenants
- Scenic location overlooking leafy John Parker Reserve to the rear
- Combined living/dining areas are generously proportioned
- Ensuite-style bathrooms with showers, shared laundry facilities
- Each unit can enjoy the peaceful, leafy low maintenance common grounds
- Quietly situated moments to Corrimal, Woonona shopping and beaches
- Level walk to schools, parklands, transport, services and beaches
The size of Russell Vale is approximately 2.1 square kilometres. There are 5 parks, covering nearly 14.5% of the total area. The population of Russell Vale in 2016 was 1547 people. By 2021 the population was 1593 showing a population growth of 3.0% in the area during that time. The predominant age group in Russell Vale is 10-19 years. Households in Russell Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Russell Vale work in a professional occupation.In 2021, 78.20% of the homes in Russell Vale were owner-occupied compared with 76.50% in 2016.
Russell Vale has 696 properties. Over the last 5 years, Houses in Russell Vale have seen a 14.77% increase in median value, while Units have seen a 32.89% increase. As at 31 August 2026:
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