If you compare the increase in value of investment property in South Turramurra, 2074 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.19%.
While South Turramurra,2074 ranked number 547th in NSW for increase in median house value (annualised) increase, it is ranked 181th over the last 5 years.
At number 92th of NSW’s most discounted properties, South Turramurra is in the bottom 10% of the state/territory when listing in order of most discounted to least.
A $812.5 per week rent on the median house gives suburb investors a gross yield of circa 2.85%, without taking into account capital value appreciation, which has been averaging out at 7.96%.