All about quality living, Billys Lookout offers you the opportunity to build your dream home on the doorstep of Lake Macquaries natural playground.
This lakeside haven boasts 70.9 hectares of land within close proximity to Newcastle CBD and easy access to Sydney. Once complete this new neighbourhood will house 484 new homes with around 1,000 residents.
Billys Lookout is surrounded by majestic parklands, waterways and nature tracks that give the area its distinctive natural beauty.
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 1,654 properties. Over the last 5 years, Houses in Teralba have seen a 75.27% increase in median value, while Units have seen a 40.64% increase. As at 30 June 2026:
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