NSW has seen average median house prices change by 7.47% which means that Turramurra, 2074 has done well for property investors by showing a capital gain of 2.22% over the last year
Across a shorter period, Turramurra, 2074 has seen a median price increase of 5.14% over the last quarter.
Our latest figures would indicate that property sellers in Turramurra are currently offering property investors an average price cut of -9.24% below the asking price at the moment.
A $950 per week rent on the median house gives suburb investors a gross yield of circa 2.68%, without taking into account capital value appreciation, which has been averaging out at 7.45%.
NSW has seen average median house prices change by 5.88% which means that Turramurra, 2074 has done well for property investors by showing a capital gain of 2.38% over the last year
Comparing Turramurra,2074 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Turramurra 2074 should be seeing an average reduction in asking price of around -4.34% . This means that Turramurra is holding prices well when compared to other suburbs in NSW.