16 Wheelhouse Road, Teralba, NSW 2284 | Property Value & History | OnTheHouse
OFF MARKET

16 Wheelhouse Road
Teralba NSW 2284

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 189m2
Land area: 469m2
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Property Details for 16 Wheelhouse Rd, Teralba

16 Wheelhouse Rd, Teralba is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 469m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
2019
Floor Size
189m2
Land Size
469m2
Local Government
Lake Macquarie
Lot/Plan
614/DP1239124

Last Listing description (June 2026)

A truly modern and quality single level home, this is a really wonderful opportunity to locate your family within the sought-after Billy's Lookout estate or to secure a very attractive investment.

Light-flooded, well-cared for and sitting on the high side of a quiet street surrounded by prestige new homes, you will adore the super-sized alfresco flowing onto a lush level lawn and the spacious floor plan of 4 bedrooms plus 2 living zones.

We love the design elements that elevate the everyday: the two-toned kitchen with waterfall stone breakfast bar, black steel framed windows and luxurious bathrooms.

With bush on one side and water on the other, this is the rare sort of community where you will notice kids riding bikes along the street and neighbours gathering for street BBQs. Those commuting to the Newcastle CBD will love the convenience of the nearby railway (1km)

Highlights:

- Open plan spacious living and dining, plus a separate theatre room for those family movie nights or to be utilised as a 5th bedroom

- Soothing two-toned kitchen with subway tiling, large island breakfast bar with waterfall stone benchtop, chef's stove, designer pendant lighting and proper walk-in-pantry.

- Fully undercover alfresco with space for both lounging and dining, and dual sliding doors bringing the perfect indoor/outdoor flow.

- Large master-suite with walk-in-robe and ensuite with timber vanity and his and hers basins.

- 3 additional good-sized bedrooms (all with at least one wall 4m long) with plush carpeting and walk-in-robes.

- Hotel-like family bathroom with deep bath and built-in shower featuring rainfall showerhead.

- Completely level lawn for kicking a soccer ball or playing with the puppies, DLUG, laundry with outside access, ducted air-conditioning, outdoor fans and ample storage options.

- Wonderful location for a set and forget investment property with rental potential of $950 per week.

Location: 5min to Speers Point, 10min to the Freeway, 15min to Charlestown, 25min to Newcastle or John Hunter Hospital. Only 1hr to Hornsby.

Lifestyle: Enjoy some of Newcastles best coffee at Maddz on York, cycle around Lake Macquarie or enjoy a sunset meal at Pippis at the Point. Weekends you will love the local waterfront Speers Point Farmers Markets or brunching on the esplanade at Warners Bay. 5min to local Coles, Woolworths, Kmart & Target, 15min to Kotara Westfields, 25min to Redhead Beach and 40min to the Hunter Valley Vineyards.

Property History for 16 Wheelhouse Rd, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$280,000
23 Jun 2017
Listed for Rent
$580/w
24 Nov 2019
  • 06 May 2026
    Listed for Sale $1,050,000 to $1,150,000
  • 27 Sep 2019
    Listed for Rent - Price not available
  • 23 Jun 2017
    Sold for $280,000
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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 64.90% increase in median value, while Units have seen a 36.83% increase. As at 30 April 2026:

  • The median value for Houses in Teralba is $1,113,744 while the median value for Units is $659,496.
  • Houses have a median rent of $800 while Units have a median rent of $565.
There are currently 16 properties listed for sale, and 1 property listed for rent in Teralba on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in Teralba.

Suburb Insights for Teralba 2284

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Cotality Copyright and Legal Disclaimers about Property Data
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.