Turill (postcode 2850) is a quiet locality in New South Wales within the Mid-Western Regional local government area. The area has roughly 100 residents and an older-leaning population, with a median age of 53. Households earn a median income of $68K per year, with an average household size of 2.2 people. 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 managers, community & personal service, professionals. Employment in the area leans toward agriculture and mining. The top ancestries reported are Australian, English, Scottish.
Median house prices in Turill stand at $412,000, having jumped by 30.8% over the last twelve months. The current median weekly rent is $590. This gives a gross rental yield of approximately 7.4%. The median monthly mortgage repayment is $1,509.
Public transport access includes 6 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 7.4%, which reads as high yield. Property prices sit below the state median ($412K/$1.5M), which can point to relative value. The price-to-income ratio of 6.0x is considered moderate. House prices have moved +30.8% year-on-year.