North Turramurra

POSTAL CODE: NSW, 2074

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 17.18% 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 $3,035,000

The augmented property values in the suburb are trailing above the territorial average of 5.63% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1560.

Home owners selling their properties and realtors in NORTH TURRAMURRA usually have to wait an average of 91.6 days days before their assets are lifted off the market.

The NSW suburb ranks 838th on the list of best yielding suburbs for rental properties in NSW, posting a 2.67% return.

It also places places 436th in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 1.67% over the last 12 months in NORTH TURRAMURRA, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that NORTH TURRAMURRA, 2074 obtained a 7.53% growth over a ten-year period. It ranks 391st on our list of suburbs that property investors should look into.

NORTH TURRAMURRA, 2074 has a capital gain of 1.67% for the past year, which is lower than average compared to its 49.84% growth within a five-year period.

With the median home price in NORTH TURRAMURRA sitting at $1,900,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

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

Surburb overview

North Turramurra, located approximately 20 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. To the north and east, it borders Ku-ring-gai Chase National Park, providing residents access to natural bushland and recreational activities.

As of the 2021 census, North Turramurra had a population of 4,194. The suburb features a shopping village on Bobbin Head Road, which includes a supermarket, bakery, vet, restaurants, post office, newsagent, and other facilities. Educational institutions in the area include Turramurra North Public School and Ku-Ring-Gai High School.

Public transportation is available through bus services operated by CDC NSW, with route 577 connecting North Turramurra to Turramurra railway station. The suburb's proximity to Ku-ring-gai Chase National Park makes it a popular starting point for bushwalkers, offering easy access to Bobbin Head and the upper reaches of Cowan Creek.

A notable landmark in North Turramurra is the Sphinx War Memorial, a 1.5-meter-high replica of the Great Sphinx of Egypt. In the 1920s, William Shirley, a returned soldier, carved it out of sandstone in memory of fallen comrades.

North Turramurra's combination of residential charm, convenient amenities, and access to natural surroundings makes it a desirable location for many residents.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$3,035,000	$1,900,000
Growth Report
Median Quarterly	2.88%	5.56%
Median 12 month	9.96%	1.67%
Median 3 years	17.18%	7.04%
Median 5 years	61.01%	49.84%
10 years average annual	7.76%	7.53%
Weekly media advert. rent	$1,560	N/A
Time on Market	91.6 days	N/A
Gross Rental Yield Percent	2.67%	0%

Demographics (Median Values)*

Total Population 22258

Weekly Household Income 2531

Household Size 2.80

Average 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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