Turvey Park is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 3,572, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Turvey Park is $770,000, having surged 13.2% over the past year. Units have a median price of $511,000 (+35.5% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,517.
Public transport access includes 2 rail stations, 25 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Turvey Park offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($770K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +13.2% year-on-year.
Turvey Park is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 3,572, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Turvey Park is $770,000, having surged 13.2% over the past year. Units have a median price of $511,000 (+35.5% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,517.
Public transport access includes 2 rail stations, 25 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Turvey Park offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($770K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +13.2% year-on-year.