Turrella has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -10.83% to date .
Across a shorter period, Turrella, 2205 has seen a median price increase of 0.28% over the last quarter.
Renters in Suburb are facing rents around $7440 per annum or $620 every week.
Property investors who have had real estate in Turrella, 2205 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.29%
While Turrella,2205 ranked number 337th in NSW for increase in median house value (annualised) increase, it is ranked 435th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.26% offered to property buyers. Sellers in Turrella itself are offering an average vendor discount of -5.57% to real estate investors.
At number 452 in a list of fastest selling suburbs, Turrella is in the TOP 40% of suburbs in Australia with an average of days on market 61.81 for properties listed there.
Advertised rents are around the $590 mark per week – giving a return of 4.28% based on the median price in Suburb