Suburb Profile Report for Turrella NSW (2205)

Turrella House: Median price $1,292,000, Annual capital growth 11.91%, Number of sales 15, Weekly median advertised rent $608

Turrella Unit: Median price $720,000, Annual capital growth 2.85%, Number of sales 46, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Turrella have tracked higher than the NSW average of 11.67% over the last 12 months.

Taking the average capital gain, or increase in median house value, Turrella,2205 has racked up an average of 24.41% over the period. This ranks it number 311th in the whole country for real estate investors looking at median house price increases.

A $607.5 per week rent on the median house gives suburb investors a gross yield of circa 2.45%, without taking into account capital value appreciation, which has been averaging out at 11.91%.

Giving property investors a an unimpressive capital gain of 1.41% for the last year, Turrella, 2205 is the 1062th highest performer in Australia in this respect.

Over the longer term, Turrella has seen property prices show investors a 22.55% return over the last 3 years. This is worse than over the last 12 months

Advertised rents are around the $590 mark per week – giving a return of 4.26% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,292,000 $720,000
2.54% 0.00%
24.41% 1.41%
11.91% 2.85%
$608 $590
15 46
2.45% 4.26%
N/A N/A

Source: CoreLogic

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