Suburb Profile Report for Tura Beach NSW (2548)

Tura Beach House: Median price $470,000, Annual capital growth 2.16%, Number of sales 109, Weekly median advertised rent $390

Tura Beach Unit: Median price $349,500, Annual capital growth 2.09%, Number of sales 35, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Tura Beach, 2548 have given investors a capital gain of 1.46%. This compares badly with the 7.47% for NSW as a whole.

Over the longer term, Tura Beach has seen property prices show investors a 22.08% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Tura Beach is giving property investors an average Vendor Discount of around -4.73%. This puts suburb at number 739th in NSW when ranking the most discounted suburbs.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 2.16%.

Property investors who have had real estate in Tura Beach, 2548 should be relatively pleased 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 8.37%

While Tura Beach,2548 ranked number 213th in NSW for increase in median house value (annualised) increase, it is ranked 389th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tura Beach, 2548. Typically our figures indicate that -2.24% is being offered, which puts this NSW suburb at 1429th most discounted overall in Australia.

In the last year 35 properties changed hands in Tura Beach, which puts it as the 338th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Tura Beach being $349500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.46%

Metrics i HOUSE UNIT
$470,000 $349,500
0.00% 2.19%
1.46% 8.37%
2.16% 2.09%
$390 $300
109 35
4.31% 4.46%
136.78 91.7

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2920
Median household income ($/weekly) 882
Median age of persons 57
Median housing loan repayment ($/monthly) 1621
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 279 9.6
    45-54 years 337 11.5
    55-64 years 509 17.4
    65-74 years 612 21.0
    75-84 years 325 11.1
    Others 858 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 1448 64.4
    Not Married 616 27.4
    Defacto Relationship 183 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2313 81.9
    Greece 33 1.2
    New Zealand 35 1.2
    United Kingdom 254 9.0
    Other 54 1.9
    Others 136 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.0
    Christianity 2001 74.1
    Hinduism 4 0.1
    Other Religious Groups 9 0.3
    No Religion 653 24.2
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 176 15.9
    $600-$799 184 16.7
    $800-$999 152 13.8
    $1,000-$1,249 128 11.6
    $1,500-$1,999 106 9.6
    Others 359 32.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1384 56.1
    Employed, worked full-time 559 22.7
    Employed, worked part-time 402 16.3
    Employed, away from work 72 2.9
    Unemployed, looking for work 48 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 143 13.8
    Professionals 184 17.8
    Technicians & trades workers 177 17.1
    Community & personal service workers 138 13.4
    Sales 120 11.6
    Others 271 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 42 9.5
    Infants/Primary 175 39.5
    Secondary 147 33.2
    Technical or Further Educational Institution 43 9.7
    University or other Tertiary Institutions 29 6.5
    Others 7 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2286 85.1
    Semi-detached, row or terrace house, townhouse 365 13.6
    Flat, unit or apartment 34 1.3
    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 671 57.0
    Being purchased 296 25.1
    Rented 199 16.9
    Other tenure type 12 1.0
    Tenure Type
Census 2011, ABS
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