Turrella, NSW 2205: Suburb Profile & Property Report

Market Report

House report
Unit Report

Turrella has 18 houses available for sale. The median property price for a house is currently $1,742,500 with annual capital growth of 45.21% . There were 12 house sales in the past 12 months.

If you're thinking about buying an investment property in Turrella, consider that rental yields for houses are currently 2.88% with an average median rent of $800 weekly. Houses have seen 2.65% growth in the past quarter, and 45.21% growth in the past 12 months.

The size of Turrella is approximately 0.6 square kilometres. It has 7 parks covering nearly 6.8% of total area. The population of Turrella in 2011 was 1,599 people. By 2016 the population was 2,527 showing a population growth of 58.0% in the area during that time. The predominant age group in Turrella is 20-29 years.

Households in Turrella are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Turrella work in a professional occupation. In 2011, 79.4% of the homes in Turrella were owner-occupied compared with 53.2% in 2016.

Turrella has 28 units available for sale. The median property price for a unit is currently $732,500 with annual capital growth of 6.16% . There were 50 unit sales in the past 12 months. On average, units spend 26 days on market.

If you're thinking about buying an investment property in Turrella, consider that rental yields for units are currently 5.53% with an average median rent of $780 weekly. Units have seen 2.16% growth in the past quarter, and 6.16% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,742,500	$732,500
Quarterly growth	+2.65%	+2.16%
12-month growth	+45.21%	+6.16%
Average annual growth	+11.52%	+1.42%
Weekly median rent	$800	$780
Gross rental yield	2.88%	5.53%
Number of Sales (12m)	12	50
Avg. Days on Market (12m)	–	26

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,599	2,527
Population change (5y)	+58.32%	+58.00%
Median household income (p/w)	$1,300	$1,751
Household income change (5y)	+24.16%	+34.69%
Median age of persons	34	30

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Turrella is $1,742,500 for houses and $732,500 for units.

The Median Growth in Turrella over the past 12 months is 45.21% for houses and 6.16% for units.

Over the past 12 months there were 12 houses sold and 50 units sold in Turrella. On average, units spent 26 days on market.

In the past 12 months up to July 2024 there were 12 houses sold and 50 units sold in Turrella. On average, units spent 26 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Turrella is $800 for houses and $780 for units.

The Rental Yield in Turrella is 2.88% for houses and 5.53% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Turrella was 2,527 in 2016, a +58.00% change compared to 2011.

The predominant age group in Turrella is 20-29 years.

The population of Turrella was 2,527 in 2016, a +58.00% change compared to 2011.

The predominant age group in Turrella is 0-9 years.

Most of the population in Turrella were born in Australia.

Most of the population in Turrella report their religion as No Religion.

Most of the population in Turrella report their religion as Islam.

Most of the population in Turrella report their income range as between $78,000 and $130,000 .

The median household income in Turrella was $1,751 in 2016, a +34.69% change compared to 2011.

Most of the population in Turrella report their income range as between $78,000 and $130,000 .

The median household income in Turrella was $1,300 in 2011, a +24.16% change compared to 2006.

Most of the population in Turrella work as Professional.

Most of the population in Turrella work as Clerical.

The chart below demonstrates the various levels of education in Turrella.

Most of the population in Turrella reached a qualification level of Bachelor.

Most of the population in Turrella reached a qualification level of Certificate.

2011 2016

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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