Suburb Profile Report for Turramurra NSW (2074)

Turramurra House: Median price $1,900,000, Annual capital growth 7.79%, Number of sales 199, Weekly median advertised rent $975

Turramurra Unit: Median price $886,000, Annual capital growth 6.07%, Number of sales 69, 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 3.83%. This compares badly with the 8.26% for NSW as a whole.

Turramurra,2074 was ranked 311 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -8.57% to buyers in Turramurra at the moment, which is less than average for the rest of NSW.

Turramurra is 970th on a list of best yielding suburbs for rents in NSW with a 2.67% return

If you compare the increase in value of investment property in Turramurra, 2074 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.66%.

While Turramurra,2074 ranked number 133th in NSW for increase in median house value (annualised) increase, it is ranked 232th over the last 5 years.

Vendor discounting in Turramurra is giving property investors an average Vendor Discount of around -4.75%. This puts suburb at number 175th in NSW when ranking the most discounted suburbs.

Residents and property investors in Turramurra have been waiting around 49.74 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 6.07%, investors should hope to achieve an overall return of 3.52%

Metrics i HOUSE UNIT
$1,900,000 $886,000
8.26% 4.42%
3.83% 5.66%
7.79% 6.07%
$975 $600
199 69
2.67% 3.52%
62.39 49.74

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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
Chart Table
Recent sales & rentals