Suburb Profile Report for Turramurra NSW (2074)

Turramurra House: Median price $1,718,000, Annual capital growth 7.08%, Number of sales 191, Weekly median advertised rent $900

Turramurra Unit: Median price $852,500, Annual capital growth 5.60%, Number of sales 59, 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 -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.

HOUSE UNIT
$1,718,000 $852,500
-1.83% -6.83%
-6.12% 0.29%
7.08% 5.60%
$900 $590
191 59
2.72% 3.60%
66.83 53.45

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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Recent sales & rentals