Suburb Profile Report for Turramurra NSW (2074)

Turramurra House: Median price $1,980,000, Annual capital growth 8.21%, Number of sales 183, Weekly median advertised rent $978

Turramurra Unit: Median price $905,000, Annual capital growth 7.21%, Number of sales 72, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Turramurra, 2074 have given investors a capital gain of 10.00%. This compares averagely with the 10.55% for NSW as a whole.

While Turramurra,2074 ranked number 555th in NSW for increase in median house value (annualised) increase, it is ranked 314th over the last 5 years.

Our latest figures would indicate that property sellers in Turramurra are currently offering property investors an average price cut of -8.25% below the asking price at the moment.

With the median price for a house in Turramurra being $1980000 and the advertised rent reaching $977.5 the gross rental yield for property investors calculates out to be 2.57%

Giving property investors a a stable capital gain of 7.10% for the last year, Turramurra, 2074 is the 632th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Turramurra has increased when compared to the 5 year average annual rate.

Turramurra2074 is located in NSW which offers an average discount of -4.12% to property investors. Turramurra itself is showing figures that indicate -5.09% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Turramurra have been waiting around 50.03 days to sell a property.

Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.21%, investors should hope to achieve an overall return of 3.45%

Metrics i HOUSE UNIT
$1,980,000 $905,000
3.13% 4.93%
10.00% 7.10%
8.21% 7.21%
$978 $600
183 72
2.57% 3.45%
56.3 50.03

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Turramurra NSW
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
Chart Table
Recent sales & rentals