Suburb Profile Report for Tura Beach NSW (2548)

Tura Beach House: Median price $493,500, Annual capital growth 2.86%, Number of sales 116, Weekly median advertised rent $385

Tura Beach Unit: Median price $342,000, Annual capital growth 2.20%, Number of sales 37, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 8.26% which means that Tura Beach, 2548 has done well for property investors by showing a capital gain of 6.13% over the last year

Across a shorter period, Tura Beach, 2548 has seen a median price increase of 5.00% over the last quarter.

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 -4.59% is being offered, which puts this NSW suburb at 2816th most discounted overall in Australia.

Renters in Suburb are facing rents around $4620 per annum or $385 every week.

NSW has seen average median house prices change by 6.07% which means that Tura Beach, 2548 has done well for property investors by showing a capital gain of 3.64% over the last year

Taking the average capital gain, or increase in median house value, Tura Beach,2548 has racked up an average of 3.64% over the period. This ranks it number 1234th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -2.58% to buyers in Tura Beach at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.20%, investors should hope to achieve an overall return of 4.56%

Metrics i HOUSE UNIT
$493,500 $342,000
5.00% 1.03%
6.13% 3.64%
2.86% 2.20%
$385 $300
116 37
4.06% 4.56%
133.68 92.95

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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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