Suburb Profile Report for Turrella NSW (2205)

Turrella House: Median price $1,067,000, Annual capital growth 9.46%, Number of sales 13, Weekly median advertised rent $650

Turrella Unit: Median price $710,000, Annual capital growth 3.43%, Number of sales 15, Weekly median advertised rent $590

  • 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 7.28% which means that Turrella, 2205 has done well for property investors by showing a capital gain of -18.24% over the last year

The five-year average increase in median property values for Turrella,2205 has given property investors a potential capital gain of 55.31% across each of those five years.

In the last year 13 properties changed hands in Turrella, which puts it as the 1344th most active market in NSW when comparing the number of sales per suburb.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.17%, without taking into account capital value appreciation, which has been averaging out at 9.46%.

Property value increases in Turrella have tracked just lower than the NSW average of 5.73% over the last 12 months.

If we look at median property appreciation over just the last three months, Turrella has given property investors a paper return of -0.63%. This puts Suburb as 427 on a list of fastest fasting appreciating suburbs in NSW

Renters in Suburb are facing rents around $7080 per annum or $590 every week.

HOUSE UNIT
$1,067,000 $710,000
2.74% -0.63%
-18.24% 1.57%
9.46% 3.43%
$650 $590
13 15
3.17% 4.32%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1599
Median household income ($/weekly) 1296
Median age of persons 34
Median housing loan repayment ($/monthly) 2383
Average household size 3.4
  • Census Count Percent(%)
    5-14 years 272 17.0
    25-34 years 210 13.1
    35-44 years 245 15.3
    45-54 years 198 12.4
    55-64 years 175 10.9
    Others 500 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 621 54.3
    Not Married 455 39.8
    Defacto Relationship 67 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 921 60.4
    Croatia 92 6.0
    Germany 90 5.9
    Malaysia 152 10.0
    Other 76 5.0
    Others 194 12.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 55 3.7
    Christianity 696 46.2
    Hinduism 15 1.0
    Islam 533 35.4
    No Religion 186 12.4
    Others 20 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 10.5
    $600-$799 37 9.3
    $800-$999 34 8.5
    $1,500-$1,999 49 12.3
    $2,000-$2,499 36 9.0
    Others 201 50.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 482 42.2
    Employed, worked full-time 410 35.9
    Employed, worked part-time 160 14.0
    Unemployed, looking for work 46 4.0
    Employed, away from work 45 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 74 12.0
    Professionals 106 17.2
    Technicians & trades workers 93 15.1
    Clerical & administrative workers 116 18.9
    Labourers 70 11.4
    Others 156 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 32 7.5
    Infants/Primary 159 37.1
    Secondary 107 24.9
    Technical or Further Educational Institution 45 10.5
    University or other Tertiary Institutions 63 14.7
    Others 23 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1402 90.4
    Semi-detached, row or terrace house, townhouse 130 8.4
    Flat, unit or apartment 19 1.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 191 42.2
    Being purchased 176 38.9
    Rented 82 18.1
    Other tenure type 4 0.9
    Tenure Type
Census 2011, ABS
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