North Turramurra is a smaller suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). With a population of 4,194, the suburb has an older demographic with a median age of 56. Households earn a median income of $107K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in North Turramurra is $2.6 million, having dropped significantly 13.1% over the past year. Units have a median price of $1.6 million (-8.2% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $3,629.
North Turramurra is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1129, which is well above the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Ku-ring-gai LGA is low at 920 incidents per 100,000 population.
From an investment perspective, North Turramurra offers a gross rental yield of 2.8%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.6x is considered stretched. House prices have moved -13.1% year-on-year.
North Turramurra is a smaller suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). With a population of 4,194, the suburb has an older demographic with a median age of 56. Households earn a median income of $107K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in North Turramurra is $2.6 million, having dropped significantly 13.1% over the past year. Units have a median price of $1.6 million (-8.2% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $3,629.
North Turramurra is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1129, which is well above the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Ku-ring-gai LGA is low at 920 incidents per 100,000 population.
From an investment perspective, North Turramurra offers a gross rental yield of 2.8%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.6x is considered stretched. House prices have moved -13.1% year-on-year.