Turrella is a smaller residential area in New South Wales within the Bayside (NSW) local government area (postcode 2205). The area has roughly 2,673 residents and a mix of families and early-career residents, with a median age of 32. Households earn a median income of $111K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward professional services and construction. The top ancestries reported are Lebanese, Chinese, Australian.
Median house prices in Turrella stand at $1.7 million, having declined by 7.4% over the last twelve months. Units have a median price of $838,000 (+4.7% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,500.
Public transport access includes 1 rail station, 7 bus stops. The crime rate in the Bayside (NSW) LGA is below average at 2,355 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.6% (low yield). Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved -7.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.