The post-budget guide to commercial property investing

South Turramurra

POSTAL CODE: NSW, 2074
HOUSE

Based on its average 5-year and quarterly capital gains SOUTH TURRAMURRA, 2074 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SOUTH TURRAMURRA, 2074 obtained a 6.03% growth over a ten-year period. It ranks 2600th on our list of suburbs that property investors should look into.

SOUTH TURRAMURRA, 2074 in NSW belongs to the local government area of Ku-ring-gai.

SOUTH TURRAMURRA, 2074 has a capital gain of 2.53% for the past year, which is lower than average compared to its 15.95% growth within a five-year period.

With the median home price in SOUTH TURRAMURRA sitting at $2,435,000, and the average rent at $1175, property owners could potentially earn a 2.51% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SOUTH TURRAMURRA are low, as opposed to average gains per annum over the past five years.

Surburb overview

South Turramurra, located approximately 18 kilometres northwest of Sydney's central business district, is a suburb on the Upper North Shore within the local government area of Ku-ring-gai Council. It is bordered by Lane Cove National Park, offering residents access to natural bushland and recreational activities.

The suburb features a small shopping area along Kissing Point Road, including an IGA supermarket, café, pizza restaurant, chemist, bakery, post office, and a BP petrol station.

Educational facilities in South Turramurra include Turramurra High School, a public secondary school established in 1967.

Public transportation is available through bus services that connect South Turramurra to surrounding areas. The suburb's proximity to Lane Cove National Park provides residents access to walking trails, including the Great North Walk, and paths leading to neighbouring suburbs such as North Epping, Marsfield, and West Pymble.

South Turramurra offers a blend of residential tranquillity, convenient amenities, and access to natural surroundings, making it a desirable suburb for many residents. 

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