Focus on Turramurra

Turramurra offers the ideal balance of convenience and lifestyle.

With its own train station, it’s within easy reach of the city and other commercial hubs while boasting leafy streets and spacious family homes. Residents enjoy the cosmopolitan café culture of Turramurra’s village, as well as proximity to some of Sydney’s best schools and plenty of tranquil bushland and green spaces on their doorstep.

History

Turramurra’s original inhabitants were from the Ku-ring-gai people and were known as the Terramerregal. They were hunter-gatherers who lived mainly to the East of the Lane Cove River.

Turramurra’s earliest colonial settlers cut timber and grew crops and fruit from the 1820s. The suburb was originally known as Eastern Road and was renamed Turramurra in 1890, not long after the railway was opened, after an Aboriginal word meaning ‘big hill’.

The land was gradually subdivided and families began to move in. The space and clean air drew them, as well as the convenient commute to the city – the same qualities prized by today’s Turramurra residents. Over the years, the area filled with the stately family homes that remain so sought-after today.

Demographics

Currently, Turramurra is home to 20,251 residents1. The Australian Bureau of Statistics recorded about 7,596 suburban private dwellings, with a median weekly household income of $2,917 and median monthly mortgage payments of $3,500.

The median age in Turramurra is 45 years old, older than the NSW average of 39 years old and national median age of 38 years old. This speaks a lot about the suburban work-life trend, where 24.7% of couple families are employed and working full-time.

What the locals love about Turramurra

1. Great Lifestyle

Although the train station makes getting to the city and other commercial and retail hubs a breeze, Turramurra residents don’t need to leave the suburb to enjoy a fabulous lifestyle. They have a plethora of cafés, restaurants and lifestyle services right at their fingertips.

Locals rate Replay Espresso for a caffeine fix or bite to eat near the station, whilst French-Vietnamese café and bakery Pottery Green Bakers on Eastern Road is a local institution. Flour Shop on Princes Street opened in early 2020 and has quickly gained a reputation amongst locals for its buttery pastries and authentic sourdough. Kipling’s Garage Bar is a popular dinner spot housed in a converted 1920s mechanic’s workshop, serving up innovative tapas-style food and wine from its extensive cellar. And Gillian Adams offers the ultimate in salon and spa experiences in a landmark art deco building on the Pacific Highway.

2. Great Schools

Turramurra is particularly sought-after by parents with an eye on their children’s education. As well as having its own highly regarded state primary and high school within the suburb, Turramurra is only minutes from some of Sydney’s top independent schools, including Knox Grammar School, Abbotsleigh, Pymble Ladies College and Barker College. Selective opportunity classes at Waitara, Beecroft and Chatswood Primary Schools, along with top-ranked selective high schools at North Sydney, Normanhurst and Hornsby, are also within easy reach, either by public transport or car.

3. Green Oasis

Turramurra’s elevated position means it receives more rainfall than much of Sydney, and this, combined with its fertile soil, means the suburb is gorgeously green. The streets are lined with trees, and Turramurra has over 25 parks, reserves and playing fields. Families travel from far and wide to visit Bobbin Head in Ku-ring-gai National Park for a barbecue, spot of fishing or to go canoeing or kayaking.

Sheldon Forest, nestled in a valley adjacent to Pymble, has numerous walking tracks weaving between its pockets of endangered turpentine forest and blue gums. Turramurra is home to tennis, netball and basketball courts, cricket and soccer fields and running tracks. There are plenty of playgrounds to keep young children entertained, including the newly opened Boyds Orchard Park on Allan Avenue.

Sales Market Update

2023 is proving to be a strong year for Turramurra’s property market. The suburb’s November 2023 median house price sits at $3,250,000, up by 8.3% over the past 12 months2. Units, on the other hand, saw a significant drop over the past 12 months, with today’s $955,500 median down by -15.3% from December 2022’s median of $955,000. Over the past five years,

Turramurra houses have seen a compound growth rate of 61.53% over the 5 year median price (December 18-December 2023), whilst units have dropped by 10.59%.

Rental Market Update

As of 2021, 15% of Turramurra’s residents rent their home1, with houses leasing for $1,200 per week and units at $6602. The October 2023 vacancy rate was tighter at 2.5%3, reflecting the suburb’s popularity. The median rental yield for houses in Turramurra is 2.3%, and units 3.9%.

Turramurra’s lush streets and spacious property options make the perfect blank canvas to start your homeownership journey. With complete amenities and easy access throughout the suburb, it’s the perfect place for a tree change and to start a family.

References:

[1] Australian Bureau of Statistics: Turramurra, NSW 2021 Census

[2] realestate.com.au: Turramurra, NSW

[3] SQM Research: Property - Residential Vacancy Rates (Postcode 2074)