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South Turramurra Suburb Insights
VICLocation Information
Suburb Name
South Turramurra, VIC
Distance from CBD
3.7 kmDemographics
Population
3,084
Median Income
$44,772
Area Information
Area
3.06 km²
Population Density
1008 people/km²
Property Market
Median Price
$822,351
Annual Growth
+15.3%Property Price Trend Analysis
Current Median Price
$822,351
Annual Growth
+15.3%
Quarterly Growth
+1.4%
Price Trends - Last 6 Months
2024-01
$813,627
+7%2024-02
$630,187
+7.9%2024-03
$914,489
+7.8%2024-04
$1,113,998
+8.1%2024-05
$1,034,091
+18.4%2024-06
$495,321
+9%Property Type Price Analysis
House
Median Price
$1,784,133
Growth Rate
+10.4%Available Listings
425 properties
Apartment
Median Price
$532,349
Growth Rate
+9.1%Available Listings
723 properties
Townhouse
Median Price
$498,658
Growth Rate
+16.7%Available Listings
148 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy