South Turramurra is a smaller suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). With a population of 3,208, the suburb has an established demographic with a median age of 42. Households earn a median income of $179K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in South Turramurra is $2.3 million, having increased 2.6% over the past year. Units have a median price of $1.7 million (+22.8% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 3.1%. 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 920 incidents per 100,000 population.
From an investment perspective, South Turramurra offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +2.6% year-on-year.
South Turramurra is a smaller suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). With a population of 3,208, the suburb has an established demographic with a median age of 42. Households earn a median income of $179K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in South Turramurra is $2.3 million, having increased 2.6% over the past year. Units have a median price of $1.7 million (+22.8% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 3.1%. 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 920 incidents per 100,000 population.
From an investment perspective, South Turramurra offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +2.6% year-on-year.