Turner is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2612). With a population of 4,470, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $121K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Turner is $2.2 million, having grown strongly 9.8% over the past year. Units have a median price of $640,000 (+0.8% YoY). The median weekly rent is $480 (Census 2021). This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,901.
Turner is served by 1 school, including 1 primary. The average ICSEA score is 1141, which is well above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Unincorporated ACT LGA is moderate at 5,638 incidents per 100,000 population.
From an investment perspective, Turner offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.2M/$1.0M), placing it in the premium segment. The price-to-income ratio of 18.1x is considered stretched. House prices have moved +9.8% year-on-year.
Turner is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2612). With a population of 4,470, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $121K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Turner is $2.2 million, having grown strongly 9.8% over the past year. Units have a median price of $640,000 (+0.8% YoY). The median weekly rent is $480 (Census 2021). This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,901.
Turner is served by 1 school, including 1 primary. The average ICSEA score is 1141, which is well above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Unincorporated ACT LGA is moderate at 5,638 incidents per 100,000 population.
From an investment perspective, Turner offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.2M/$1.0M), placing it in the premium segment. The price-to-income ratio of 18.1x is considered stretched. House prices have moved +9.8% year-on-year.