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North Turramurra
AREA REPORTS

North Turramurra

North Turramurra - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2074

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 13.85% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,220,000

The augmented property values in the suburb are trailing above the territorial average of 14.76% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $850.

Home owners selling their properties and realtors in NORTH TURRAMURRA usually have to wait an average of 42.6 days days before their assets are lifted off the market.

The NSW suburb ranks 1036th on the list of best yielding suburbs for rental properties in NSW, posting a 1.99% return.

It also places places 257th in Australia based on median property value growth during the quarter.

Data report can be found below

North Turramurra
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,220,000 $1,387,500
GROWTH REPORT
Median Quarterly 10.04% 14.39%
Median 12 month 23.99% 6.08%
Median 3 years 13.85% -4.15%
Median 5 years 34.55% 46.05%
10 years average annual 9.42% 5.39%
Weekly media advert. rent $850 N/A
Time on Market 42.6 days 0.0 days
Gross Rental Yield Percent 1.99% N/A
demographics (median values)*
Total Population
22258
Weekly Household Income
2531
Household Size
2.80
Age
44
Monthly Loan Repayment
3000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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