If you compare the increase in value of investment property in Turrella, 2205 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.10%.
Taking the average capital gain, or increase in median house value, Turrella,2205 has racked up an average of -7.10% over the period. This ranks it number 1515th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.13%, without taking into account capital value appreciation, which has been averaging out at 8.77%.
Investment property in Turrella has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.13%
When looking at the potential capital gains offered to property investors over the last 3 years, Turrella comes in at number 370th in NSW.
Turrella, 2205 is offering NSW ‘s 122th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
At number 386 in a list of fastest selling suburbs, Turrella is in the TOP 30% of suburbs in Australia with an average of days on market 57.57 for properties listed there.