South Turramurra NSW 2074: Property Market Report & Real Estate Insights

Part of Ku-Ring-Gai, NSW

South Turramurra Real Estate Market Outlook

Thinking about buying in South Turramurra? Now could not be a better time, with 1173 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,530,000 with prices in this suburb ranging from $42,000 to $5,871,000. The approximate distance to the coast is 12 Km.

Living in South Turramurra

Consistent high demand relative to supply is a key feature in South Turramurra driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in South Turramurra ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in South Turramurra classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in South Turramurra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

South Turramurra, located in the Ku-ring-gai municipality of New South Wales, is a tranquil and affluent suburb that has experienced substantial growth in its housing market over recent years. Known for its picturesque leafy streets and family-friendly atmosphere, the area has attracted a variety of homebuyers, ranging from young families to retirees. The housing market here is characterized by its abundance of spacious, well-maintained homes, many of which are nestled on large plots of land, offering ample privacy and greenery. This suburban enclave boasts a mix of architectural styles, from mid-century family homes to modern renovations and new builds, reflecting a dynamic and evolving real estate landscape. With property values consistently appreciating, South Turramurra has cemented its status as a sought-after location, offering both a high standard of living and an excellent long-term investment for homeowners.

Living in South Turramurra is often described as serene and convenient. The suburb offers an idyllic blend of natural beauty and accessibility, appealing to those who appreciate a laid-back lifestyle without sacrificing connectivity to Sydney's bustling CBD, which is just a 25-minute drive away. Residents enjoy access to quality amenities, including reputable schools, local shops, and recreational facilities. The area is renowned for its lush green spaces, such as the expansive Lane Cove National Park, which provides outdoor enthusiasts with ample opportunities for walking, cycling, and wildlife observation. The tight-knit community spirit is palpable in South Turramurra, with regular local events and a welcoming environment that fosters a strong sense of belonging among residents. Overall, it is a suburb that combines the tranquility of suburban living with the conveniences of modern life, making it an appealing choice for families and individuals seeking a balanced lifestyle.

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