Teralba

Teralba lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, Teralba's population is estimated at around 2,876, reflecting an increase of 222 people since the 2021 Census which reported a population of 2,654. This change is inferred from AreaSearch's resident population estimate of 2,854 following examination of ABS ERP data release in June 2024 and additional 81 validated new addresses since the Census date. The population density ratio is 202 persons per square kilometer. Teralba's growth rate of 8.4% since the 2021 census exceeded the non-metro area (5.1%) and the SA4 region, marking it as a growth leader in the region. Interstate migration contributed approximately 85.0% of overall population gains during recent periods. AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year, and NSW State Government's SA2 level projections released in 2022 with 2021 as the base year for areas not covered by this data.

Future population trends forecast a significant increase in the top quartile of regional areas across the nation, with Teralba expected to grow by 870 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 27.9% in total over the 17 years.

AreaSearch assessment of residential development activity positions Teralba among the top 25% of areas assessed nationwide

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Teralba has experienced around 19 dwellings receiving development approval per year. Approximately 95 homes have been approved in the area over the past five financial years, between FY-21 and FY-25, with an additional four approved so far in FY-26.

On average, about 3.4 people move to Teralba for each dwelling built annually during these years. This demand significantly exceeds new supply, which typically leads to price growth and increased buyer competition. The average construction cost value of new homes is around $472,000.

Compared to the Rest of NSW, Teralba records about three-quarters the building activity per person, while it ranks among the 88th percentile of areas assessed nationally. Recent construction in Teralba comprises approximately 83.0% detached houses and 17.0% townhouses or apartments, maintaining the area's traditional low-density character focused on family homes. With around 95 people per dwelling approval, Teralba exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, Teralba is projected to grow by approximately 801 residents through to 2041. Building activity appears to be keeping pace with these growth projections, though buyers may face heightened competition as the population grows.

Teralba has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 13 projects likely to impact the area. Notable ones are Lake Macquarie High School HPGE Upgrades, Speers Point Transport Improvements, Winten Cameron Park Stage 5 Development, and Weemala at the Lake. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment performance in Teralba exceeds national averages across key labour market indicators

Teralba has a skilled workforce with essential services sectors well represented. The unemployment rate in Teralba was 3.1% as of June 2025.

Employment growth over the past year was estimated at 2.6%. This is below Rest of NSW's unemployment rate of 3.7%, and above its workforce participation rate of 56.4%. Teralba's employment is concentrated in health care & social assistance, construction, and retail trade, while agriculture, forestry & fishing is under-represented at 0.2% compared to Rest of NSW's 5.3%.

Many residents commute elsewhere for work based on Census data. Between June 2024 and June 2025, employment increased by 2.6%, labour force grew by 2.9%, resulting in an unemployment rise of 0.3 percentage points. By comparison, Rest of NSW recorded an employment decline of 0.1% over the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 project a 6.6% increase over five years and 13.7% over ten years for national employment. Applying these projections to Teralba's employment mix suggests local employment should increase by 6.8% over five years and 14.1% over ten years, assuming constant population projections.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

According to AreaSearch's aggregation of ATO data released for financial year 2022, Teralba had a median income among taxpayers of $60,941 and an average level of $79,344. These figures are high compared to national levels of $49,459 and $62,998 in Rest of NSW. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated incomes as of September 2025 would be approximately $68,626 (median) and $89,349 (average). According to the 2021 Census, household, family, and personal incomes in Teralba are at the 63rd percentile nationally. Income distribution shows that 36.4% of residents earn between $1,500 and $2,999, which is reflective of broader area patterns where 29.9% fall within this range. High housing costs consume 15.9% of income, but strong earnings place disposable income at the 69th percentile nationally. The area's SEIFA income ranking places it in the 5th decile.

Teralba is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

The dwelling structure in Teralba, as per the latest Census evaluation, consisted of 87.5% houses and 12.6% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This compares to Non-Metro NSW's structure of 89.7% houses and 10.2% other dwellings. Home ownership in Teralba stood at 28.3%, with the remaining dwellings either mortgaged (49.6%) or rented (22.1%). The median monthly mortgage repayment in Teralba was $2,167, exceeding Non-Metro NSW's average of $1,900. The median weekly rent figure for Teralba was recorded at $363, compared to Non-Metro NSW's $380. Nationally, Teralba's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were lower than the national figure of $375.

Teralba has a typical household mix, with a higher-than-average median household size

Family households account for 75.3% of all households, consisting of 36.1% couples with children, 25.9% couples without children, and 11.4% single parent families. Non-family households make up the remaining 24.7%, with lone person households at 22.7% and group households comprising 2.5% of the total. The median household size is 2.6 people, which is larger than the Rest of NSW average of 2.5.

Educational outcomes in Teralba fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area faces educational challenges with university qualification rates at 18.9%, significantly lower than the NSW average of 32.2%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most prevalent at 13.0%, followed by postgraduate qualifications (3.4%) and graduate diplomas (2.5%). Trade and technical skills are prominent, with 44.0% of residents aged 15+ holding vocational credentials – advanced diplomas (10.9%) and certificates (33.1%).

Educational participation is high at 27.1%, including primary education (10.1%), secondary education (6.2%), and tertiary education (3.9%). Teralba Public School serves the area, with an enrollment of 134 students as of 2021. The school focuses exclusively on primary education, with secondary options available in nearby areas. Local school capacity is limited at 4.7 places per 100 residents compared to the regional average of 12.3, leading many families to travel for schooling.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Teralba has 14 active public transport stops offering a mix of train and bus services. These stops are served by 32 individual routes, together facilitating 925 weekly passenger trips. Transport accessibility is deemed good, with residents on average situated 259 meters from the nearest stop.

Service frequency averages 132 trips per day across all routes, translating to approximately 66 weekly trips per stop.

Health performance in Teralba is well below average with considerably higher than average prevalence of common health conditions and to an even higher degree among older age cohorts

Teralba faces significant health challenges with a notably higher prevalence of common health conditions compared to average, particularly among older age groups. The rate of private health cover in Teralba is exceptionally high at approximately 58% (1,675 people), compared to 51.5% across the Rest of NSW.

Mental health issues and arthritis are the most prevalent medical conditions in the area, affecting 10.7% and 9.9% of residents respectively. Conversely, 62.9% of residents report being completely clear of medical ailments, compared to 60.3% across the Rest of NSW. Teralba has a lower proportion of seniors aged 65 and over at 15.4% (442 people), compared to 21.9% in the Rest of NSW. However, health outcomes among seniors require more attention than the broader population.

Teralba is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Teralba, as per the 2016 Census, had a population with 90.8% born in Australia, 92.7% being citizens, and 95.2% speaking English only at home. Christianity was the predominant religion, accounting for 51.9% of Teralba's population, compared to 54.0% across the Rest of NSW. The top three ancestry groups were English (32.7%), Australian (31.6%), and Scottish (7.9%).

Notably, Hungarian (0.5%) was overrepresented in Teralba compared to the regional average (0.1%), as were Macedonian (0.3% vs 0.2%) and Samoan (0.3% vs 0.3%).

Teralba's population is slightly younger than the national pattern

The median age in Teralba as of 2021 is 36 years, which is significantly lower than Rest of NSW's average of 43 and somewhat younger than Australia's median age of 38. The 25-34 age group constitutes 17.2% of the population compared to Rest of NSW, while the 65-74 cohort makes up 7.7%. Post-2021 Census data indicates a decrease in median age from 37 to 36 years. Specifically, the 35-44 age group increased from 14.0% to 15.7%, and the 25-34 cohort rose from 15.9% to 17.2%. Conversely, the 55-64 cohort declined from 11.6% to 9.6%, and the 45-54 age group dropped from 10.8% to 9.6%. By 2041, Teralba's age composition is projected to shift significantly. The 35-44 age cohort is expected to increase by 232 people (51%), from 451 to 684. Conversely, the number of individuals in the 55-64 age range is anticipated to decrease.