Suburb Profile Report for Turvey Park NSW (2650)

Turvey Park House: Median price $390,000, Annual capital growth 2.87%, Number of sales 91, Weekly median advertised rent $370

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Turvey Park have tracked higher than the NSW average of 0.15% over the last 12 months.

A 23.61% growth in median value for property investors in Turvey Park,2650 puts this suburb at number 30th in terms of best performing suburbs in NSW

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 Turvey Park, 2650. Typically our figures indicate that -3.99% is being offered, which puts this NSW suburb at 2761th most discounted overall in Australia.

Often selling an investment property can take time, and in Turvey Park the average time real estate has been on the market is 72.5536 days.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.93%, without taking into account capital value appreciation, which has been averaging out at 2.87%.

Metrics i HOUSE UNIT
$390,000 N/A
15.56% N/A
13.04% N/A
2.87% N/A
$370 N/A
91 N/A
4.93% N/A
72.5535714285714 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 3549
Median household income ($/weekly) 1340
Median age of persons 34
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 533 15.0
    25-34 years 408 11.5
    35-44 years 472 13.3
    45-54 years 485 13.7
    55-64 years 357 10.1
    Others 1294 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 1156 46.8
    Not Married 1065 43.1
    Defacto Relationship 250 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3146 92.2
    Indonesia 16 0.5
    Papua New Guinea 15 0.4
    United Kingdom 64 1.9
    Other 93 2.7
    Others 78 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.9
    Christianity 2684 80.9
    Hinduism 10 0.3
    Islam 26 0.8
    No Religion 561 16.9
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 114 9.7
    $1,000-$1,249 114 9.7
    $1,250-$1,499 108 9.2
    $1,500-$1,999 189 16.1
    $2,000-$2,499 133 11.4
    Others 513 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1093 40.5
    Not in the labour force 815 30.2
    Employed, worked part-time 584 21.7
    Employed, away from work 114 4.2
    Unemployed, looking for work 91 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 461 25.7
    Technicians & trades workers 310 17.3
    Community & personal service workers 182 10.1
    Clerical & administrative workers 226 12.6
    Sales 224 12.5
    Others 391 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 67 6.0
    Infants/Primary 319 28.7
    Secondary 337 30.3
    Technical or Further Educational Institution 126 11.3
    University or other Tertiary Institutions 245 22.1
    Others 17 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3107 95.8
    Flat, unit or apartment 112 3.5
    Semi-detached, row or terrace house, townhouse 13 0.4
    House or flat attached to a shop, office 9 0.3
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 484 38.4
    Fully owned 421 33.4
    Rented 351 27.9
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table