What is the true cost of buying an apartment in North Turramurra?

The median apartment in North Turramurra is $1,450,000. Including stamp duty ($62,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $100,484, or $8,374/month.

What does it really cost to buy a house in North Turramurra?

The median house in North Turramurra is $2,650,000. True first-year cost including stamp duty ($128,160), rates, insurance, maintenance, and mortgage repayments is approximately $179,150.

What is the vacancy rate in North Turramurra?

North Turramurra currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in North Turramurra

2074 NSW · 22km to CBD

Rising

A decision, not just a search · North Turramurra

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

North Turramurra is an affluent residential suburb in Sydney's prestigious Upper North Shore, located 22km north of the CBD. This leafy, family-oriented community is characterized by substantial detached homes on generous blocks, creating a spacious suburban feel while maintaining excellent connectivity to the city via Turramurra railway station. The suburb attracts affluent families seeking quality education, with proximity to highly regarded public and private schools including North Turramurra Public School, Turramurra High School, and nearby elite institutions like Knox Grammar and Pymble Ladies College. Residents enjoy exceptional lifestyle amenities including Turramurra Golf Course, Ku-ring-gai Chase National Park for outdoor recreation, and convenient shopping at Turramurra Plaza and St Ives Shopping Village. The area maintains strong community connections through active local groups and sporting clubs. Property values reflect the Upper North Shore premium, with limited apartment development preserving the suburb's established character. The demographic profile shows high household incomes, tertiary-educated professionals, and a mix of established families and long-term residents, creating a stable and desirable community environment.

Premium Upper North Shore location with excellent train connectivity to Sydney CBDProximity to highly regarded public and private schools attracting education-focused familiesAccess to Ku-ring-gai Chase National Park and Turramurra Golf Course for recreationSubstantial housing blocks maintaining spacious suburban characterStrong community feel with active local groups and low crime rates

Market Snapshot

Median House

$2.6M

+5.2% 1yr

Median Apartment

$1.4M

+4.1% 1yr

Median Townhouse

$1.9M

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

3.4%

Yield (House)

2.8%

Auction Clearance

78%

Population

2,850

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$8,374/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,484

House

$14,929/mo

Purchase Price

$2,650,000

Stamp Duty

$128,160

1st Year Total

$179,150

Townhouse

$10,197/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$122,360

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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