Suburb Profile Report for Turrella NSW (2205)

Turrella House: Median price $1,070,000, Annual capital growth 8.76%, Number of sales 14, Weekly median advertised rent $620

Turrella Unit: Median price $716,000, Annual capital growth 4.27%, Number of sales 21, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$1,070,000 $716,000
0.28% 0.85%
-10.83% 2.29%
8.76% 4.27%
$620 $590
14 21
3.01% 4.28%
N/A 61.81

Source: CoreLogic

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