Suburb Profile Report for Turramurra NSW (2074)

Turramurra House: Median price $1,780,000, Annual capital growth 7.33%, Number of sales 196, Weekly median advertised rent $950

Turramurra Unit: Median price $850,000, Annual capital growth 5.59%, Number of sales 63, Weekly median advertised rent $598

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

Source: CoreLogic

  • House Report
  • Unit Report

Turramurra, 2074 ranked 1252th in NSW when comparing growth in median property values or capital gain over the last 12 months. Turramurra is one of 3163 in our list for NSW

Over the longer term, Turramurra has seen property prices show investors a 45.90% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Turramurra is giving property investors an average Vendor Discount of around -8.75%. This puts suburb at number 98th in NSW when ranking the most discounted suburbs.

At number 1250 in a list of fastest selling suburbs, Turramurra is in the TOP 40% of suburbs in Australia with an average of days on market 67.57 for properties listed there.

Advertised rents are around the $950 mark per week – giving a return of 2.78% based on the median price in Suburb

Turramurra, 2074 ranked 445th in NSW when comparing growth in median property values or capital gain over the last 12 months. Turramurra is one of 3163 in our list for NSW

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.

Property buyers and investors in Turramurra 2074 should be seeing an average reduction in asking price of around -5.77% . This means that Turramurra is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $7170 per annum or $597.5 every week.

HOUSE UNIT
$1,780,000 $850,000
1.71% -7.10%
-2.73% -1.16%
7.33% 5.59%
$950 $598
196 63
2.78% 3.66%
67.57 49.35

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
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Recent sales & rentals