All About North Turramurra, Ku-Ring-Gai , NSW 2074

North Turramurra Real Estate Market Outlook

Thinking about buying in North Turramurra? Now could not be a better time, with 2037 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,691,000 with prices in this suburb ranging from $22,000 to $98,842,000. North Turramurra is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in North Turramurra driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in North 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 North 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 North 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

North Turramurra, situated in the Ku-ring-gai area of New South Wales, has long been recognized as a suburb of choice for families seeking a serene and upscale living environment. The housing market in North Turramurra is characterized by its blend of elegant, spacious homes that often feature impressive architectural designs and are surrounded by lush, well-maintained gardens. Over the past few years, the suburb has seen a steady increase in property values, reflecting its desirability and the high demand for real estate in the area. The locality is particularly appealing to buyers looking for a tranquil suburban lifestyle without drifting too far from the Sydney CBD, which is approximately a 30-minute drive away. Additionally, the presence of quality schools, including both public and private institutions, enhances the suburb's attractiveness to families.

Living in North Turramurra offers residents a unique combination of natural beauty, safety, and community spirit. Nestled adjacent to the expansive Ku-ring-gai Chase National Park, the suburb provides a plethora of outdoor recreational opportunities for nature enthusiasts, from bushwalking to cycling. The local village atmosphere, centered around a small but vibrant shopping strip, offers essential amenities and cafes, fostering a sense of community among the residents. Public transport options are conveniently available, providing easy access to surrounding areas. Moreover, the community is known for its active engagement in local events and initiatives, contributing to a warm and welcoming neighborhood vibe. This blend of peaceful residential living and access to natural and community resources makes North Turramurra a highly coveted address in the Sydney region.

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