AREA REPORTS

Turvey Park

 

 

NSW/
Turvey park

Suburb Profile

Turvey Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2650

house
unit

Property investors enjoyed capital gains of 5.21% over the last 12 months in TURVEY PARK, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 11.4% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

On average, rents on listings have reached the $350 mark, reflecting a 4.81% increase in returns based on the current median price in TURVEY PARK.

TURVEY PARK, 2650 ranks 424th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 187th on the list of best yielding suburbs for rental properties in NSW, posting a 4.81% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $378,750 $308,000
GROWTH REPORT
Median Quarterly 2.36% 6.57%
Median 12 month 5.21% N/A
Median 3 years 11.4% N/A
Median 5 years 14.77% N/A
10 years average annual 3.92% N/A
Weekly media advert. rent $350 $205
Time on Market 68.4 days 0.0 days
Gross Rental Yield Percent 4.81% 3.46%
demographics (median values)
Total Population
3439
Weekly Household Income
1029
Household Size
2.60
demographics
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