Suburb Profile Report for Turramurra NSW (2074)

Turramurra House: Median price $2,000,000, Annual capital growth 8.40%, Number of sales 191, Weekly median advertised rent $950

Turramurra Unit: Median price $866,000, Annual capital growth 6.95%, Number of sales 75, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$2,000,000 $866,000
2.56% 0.70%
11.73% 1.29%
8.40% 6.95%
$950 $600
191 75
2.47% 3.60%
55.4 56.82

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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