South Turramurra is a compact suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). It is home to about 3,208 residents, with an established family demographic and a median age of 42. Households earn a median income of $179K per year, with an average household size of 3.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Chinese.
The median house price in South Turramurra is $2.3 million, having declined steeply by 13.2% over the past year. Units have a median price of $755,000. The current median weekly rent is $1125. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,500.
South Turramurra is served by 1 school, including 1 secondary. The average ICSEA score is 1118, which is well above the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Ku-ring-gai LGA is low at 930 incidents per 100,000 population.
Looking at the investment signals, South Turramurra shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 13.0x is considered stretched. House prices have moved -13.2% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.