Property investors who have had real estate in Turramurra, 2074 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.12%
A 56.18% growth in median value for property investors in Turramurra,2074 puts this suburb at number 1181th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -8.75% to buyers in Turramurra at the moment, which is less than average for the rest of NSW.
Residents and property investors in Turramurra have been waiting around 66.83 days to sell a property.
The NSW suburb of Turramurra, 2074 is in the Ku-ring-gai local government area.
Turramurra is in the bottom 30% in NSW when comparing median price capital growth over the last year. Turramurra gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.29%.
Across a shorter period, Turramurra, 2074 has seen a median price increase of -6.83% over the last quarter.
At number 84th of NSW’s most discounted properties, Turramurra is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Turramurra the average time real estate has been on the market is 53.45 days.
Renters in Suburb are facing rents around $7080 per annum or $590 every week.