If you compare the increase in value of investment property in South Turramurra, 2074 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.69%.
Over the longer term, South Turramurra has seen property prices show investors a 63.91% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in South Turramurra should be aiming for at least -5.97% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 41 properties changed hands in South Turramurra, which puts it as the 766th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in South Turramurra being $1426000 and the advertised rent reaching $830 the gross rental yield for property investors calculates out to be 3.03%