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North Turramurra Suburb Insights
VICLocation Information
Suburb Name
North Turramurra, VIC
Distance from CBD
6 kmDemographics
Population
4,257
Median Income
$42,484
Area Information
Area
11.61 km²
Population Density
367 people/km²
Property Market
Median Price
$474,533
Annual Growth
+12.9%Property Price Trend Analysis
Current Median Price
$474,533
Annual Growth
+12.9%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$367,123
+7%2024-02
$390,269
+11.2%2024-03
$888,641
+14%2024-04
$752,149
+8.6%2024-05
$1,043,464
+16.4%2024-06
$438,946
+8.5%Property Type Price Analysis
House
Median Price
$1,239,531
Growth Rate
+9.1%Available Listings
211 properties
Apartment
Median Price
$495,808
Growth Rate
+10%Available Listings
880 properties
Townhouse
Median Price
$609,991
Growth Rate
+10.6%Available Listings
336 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy