14 Leura Cres, North Turramurra NSW 2074

14 Leura Cres, North Turramurra NSW 2074
3-bedroom house on 536mยฒ | 247mยฒ building footprint | 100% owner-occupied street | auction 23 May This property offers a rare configuration advantage in North Turramurra. The 247mยฒ building footprint on a 536mยฒ lot is unusually efficientโ€”46% site coverage means generous internal space without the maintenance of a large block. The 100% owner-occupied street signals strong neighbourhood stability and low turnover risk, which typically supports long-term capital preservation. The property serves families prioritising school catchments, with Ku-ring-gai High School within 400 metres and Turramurra North Public School accessible. The absence of bushfire, flood, or heritage overlays reduces insurance and renovation friction. The main risk is the auction format combined with a single prior sale in 2019, which limits price discovery reference points. The estimated value of $2,283,000 and rental range around $1,000 per week suggest the yield is modest for an investor, but the owner-occupier demand on this street may compress that gap. The NBN Hybrid Fibre Coaxial and 5G coverage are functional rather than differentiating. For a buyer, the opportunity lies in the building’s scale relative to landโ€”renovation or extension potential exists without the cost of acquiring a larger block. Hold this property for its school catchment and low-turnover street profile; it is a family home first, a financial instrument second.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

North Turramurra is an established, leafy suburb positioned in the premium family market, prized for its spacious homes and tranquil bushland setting. Demand is driven predominantly by families seeking a serene yet accessible lifestyle. Recent market conditions show a stabilisation in house values, while the unit segment has experienced a softening. Future growth is anchored in its enduring character appeal, though the market remains sensitive to broader economic conditions influencing buyer sentiment.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

536mยฒ

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