Property value increases in South Turramurra have tracked close to the NSW average of 7.28% over the last 12 months.
Taking the average capital gain, or increase in median house value, South Turramurra,2074 has racked up an average of 8.03% over the period. This ranks it number 318th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in South Turramurra itself are offering an average vendor discount of -8.83% to real estate investors.
In the last year 44 properties changed hands in South Turramurra, which puts it as the 724th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in South Turramurra being $1480000 and the advertised rent reaching $795 the gross rental yield for property investors calculates out to be 2.79%