4 Park Street, Teralba, NSW 2284 | Property Value & History | OnTheHouse
OFF MARKET

4 Park Street
Teralba NSW 2284

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
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Property Details for 4 Park St, Teralba

4 Park St, Teralba is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1950
Local Government
Lake Macquarie
Lot/Plan
1/DP743752

Last Listing description (November 2023)

Industrial Zoning Equals Freedom of Use

This lovely heritage style home has been mostly renovated including kitchen, polished floors, bathroom and paint and has a rental potential of $450-$500 pw. To the rear of the home is a large granny flat in excellent condition with rent potential of $300 pw. To the rear of that is a large industrial shed, approximately 16.63 x 15.36m with its own access and rent potential $250 pw.

The zoning on this property gives its owner extraordinary versatility and freedom in what endeavours they can embark on. The industrial zoning gives extremely broad usage rights and the nicely restored Heritage home plus granny flat means you can live and work all from the same location.

Zoned IN2 Light Industrial, this provides endless opportunities to:

- Own a dwelling and enjoy 2 rental incomes
- Rent out all 3
- Occupy the house and granny flat and rent out the shed
- Occupy shed and flat, rent house
- Occupy shed, rent flat and house.

Once this is sold it wont be easy to find a similar property which offers easy access to the railway, M1 Motorway, Newcastle and Lake Macquarie, all with lifestyle plus commercial benefits. Available for private viewing 7 days per week. Call us on 02 4958 8555 today.

Property History for 4 Park St, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$405,000
22 May 2017
  • 17 Feb 2022
    Listed for Sale Expressions of Interest
  • 28 Oct 2020
    Listed for Sale Home + Flat + Workshop Shed
  • 24 Nov 2016
    Listed for Rent - Price not available
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About Teralba 2284

The size of Teralba is approximately 14.2 square kilometres. It has 9 parks covering nearly 2.5% of 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 1,654 properties. Over the last 5 years, Houses in Teralba have seen a 83.16% increase in median value, while Units have seen a 49.94% increase. As at 28 February 2026:

  • The median value for Houses in Teralba is $1,073,837 while the median value for Units is $644,101.
  • Houses have a median rent of $790 while Units have a median rent of $565.
There are currently 10 properties listed for sale, and no properties listed for rent in Teralba on OnTheHouse. According to Cotality's data, 62 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.