Suburb Profile Report for Turramurra NSW (2074)

Turramurra House: Median price $1,716,000, Annual capital growth 7.27%, Number of sales 195, Weekly median advertised rent $925

Turramurra Unit: Median price $886,000, Annual capital growth 5.92%, Number of sales 66, Weekly median advertised rent $590

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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 -4.93%

When looking at the potential capital gains offered to property investors over the last 3 years, Turramurra comes in at number 456th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Turramurra itself are offering an average vendor discount of -8.75% to real estate investors.

Turramurra is 940th on a list of best yielding suburbs for rents in NSW with a 2.80% return

Over the last year, property investments in Turramurra, 2074 have given investors a capital gain of 13.23%. This compares very favourably with the 5.59% for NSW as a whole.

While Turramurra,2074 ranked number 163th in NSW for increase in median house value (annualised) increase, it is ranked 141th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Turramurra itself are offering an average vendor discount of -6.97% to real estate investors.

At number 292 in a list of fastest selling suburbs, Turramurra is in the TOP 20% of suburbs in Australia with an average of days on market 54.03 for properties listed there.

Turramurra is 480th on a list of best yielding suburbs for rents in NSW with a 3.46% return

HOUSE UNIT
$1,716,000 $886,000
-1.94% 3.02%
-4.93% 13.23%
7.27% 5.92%
$925 $590
195 66
2.80% 3.46%
67.25 54.03

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 11083
Median household income ($/weekly) 2293
Median age of persons 42
Median housing loan repayment ($/monthly) 3000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1631 14.7
    35-44 years 1470 13.3
    45-54 years 1758 15.9
    55-64 years 1391 12.6
    65-74 years 916 8.3
    Others 3916 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 4955 60.9
    Not Married 2887 35.5
    Defacto Relationship 296 3.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7116 66.5
    Croatia 288 2.7
    South Africa 313 2.9
    United Kingdom 873 8.2
    Other 543 5.1
    Others 1570 14.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 270 2.6
    Christianity 7328 71.0
    Hinduism 169 1.6
    Judaism 103 1.0
    No Religion 2281 22.1
    Others 170 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 310 9.4
    $2,000-$2,499 223 6.8
    $2,500-$2,999 580 17.6
    $3,000-$3,499 316 9.6
    $4,000 or more 471 14.3
    Others 1389 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3101 36.4
    Not in the labour force 3098 36.3
    Employed, worked part-time 1821 21.4
    Employed, away from work 261 3.1
    Unemployed, looking for work 246 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 1032 19.9
    Professionals 1977 38.1
    Community & personal service workers 353 6.8
    Clerical & administrative workers 767 14.8
    Sales 463 8.9
    Others 591 11.4
    Occupation
    Census Count Percent(%)
    Pre-school 216 6.7
    Infants/Primary 1072 33.1
    Secondary 969 30.0
    Technical or Further Educational Institution 151 4.7
    University or other Tertiary Institutions 739 22.8
    Others 88 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9196 88.3
    Flat, unit or apartment 874 8.4
    Semi-detached, row or terrace house, townhouse 341 3.3
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1673 45.3
    Being purchased 1419 38.4
    Rented 550 14.9
    Other tenure type 50 1.4
    Tenure Type
Census 2011, ABS
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