With a capital gain of -14.35% for the last 12 months, Turrella, 2205 has performed for property investments than its average annual 9.12% property growth over the last 5 years.
Comparing Turrella,2205 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 9.12%.
With a capital gain of 20.84% for the last 12 months, Turrella, 2205 has performed for property investments than its average annual 3.43% property growth over the last 5 years.
Turrella,2205 has offered an average of 20.84% return per annum in house price rises to property investors over the last three years.
In the last year 14 properties changed hands in Turrella, which puts it as the 512th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 3.43%, investors should hope to achieve an overall return of 4.34%