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Turvey Park
AREA REPORTS

Turvey Park

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

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Property investors enjoyed capital gains of 18.52% 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 29.73% 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 $440 based on current median home prices for the suburb.

On average, rents on listings have reached the $440 mark, reflecting a 4.77% increase in returns based on the current median price in TURVEY PARK.

TURVEY PARK, 2650 ranks 551st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 158th on the list of best yielding suburbs for rental properties in NSW, posting a 4.77% return.

Data report can be found below

Turvey Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,000 N/A
GROWTH REPORT
Median Quarterly 5.96% N/A
Median 12 month 18.52% N/A
Median 3 years 29.73% N/A
Median 5 years 33.33% N/A
10 years average annual 4.71% N/A
Weekly media advert. rent $440 N/A
Time on Market 60.8 days N/A
Gross Rental Yield Percent 4.77% N/A
demographics (median values)*
Total Population
56974
Weekly Household Income
1349
Household Size
2.50
Age
36
Monthly Loan Repayment
1521
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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