NSW has seen average median house prices change by 11.06% which means that Turramurra, 2074 has done well for property investors by showing a capital gain of 11.73% over the last year
While Turramurra,2074 ranked number 593th in NSW for increase in median house value (annualised) increase, it is ranked 365th over the last 5 years.
Turramurra2074 is located in NSW which offers an average discount of -5.22% to property investors. Turramurra itself is showing figures that indicate -8.24% is the average achievable by property buyers investing in the suburb.
A $950 per week rent on the median house gives suburb investors a gross yield of circa 2.47%, without taking into account capital value appreciation, which has been averaging out at 8.40%.
With a capital gain of 1.29% for the last 12 months, Turramurra, 2074 has performed for property investments than its average annual 6.95% property growth over the last 5 years.
Across a shorter period, Turramurra, 2074 has seen a median price increase of 0.70% over the last quarter.
Property buyers and investors in Turramurra 2074 should be seeing an average reduction in asking price of around -5.09% . This means that Turramurra is holding prices well when compared to other suburbs in NSW.
At number 437 in a list of fastest selling suburbs, Turramurra is in the TOP 30% of suburbs in Australia with an average of days on market 56.82 for properties listed there.
The NSW suburb of Turramurra, 2074 is in the Ku-ring-gai local government area.