37/1-3 Duff Street, Turramurra NSW 2074
37/1-3 Duff Street, Turramurra NSW 2074
1-bedroom apartment in Turramurra | 100sqm floorplate rare for unit | walk to station and shops | strong rental yield above 5%
This unitโs primary competitive advantage is its size. At 100 square metres of internal space, it is substantially larger than the typical one-bedroom apartment in the area, which usually sits closer to 60โ70 square metres. That extra space, combined with a balcony, study nook, and separate storage cage, positions it well for a buyer seeking a genuine one-bedroom home rather than a compact investment box. The property sits within walking distance of Turramurra station and the village, and the rental yield of over 5% is notably strong for the suburb, suggesting demand from tenants who value the same space and location advantages. It is best suited to an owner-occupier wanting a comfortable unit with room to work from home, or an investor targeting a tenant profile that stays longer.
The primary risk is the buildingโs age and the strata positionโbeing part of a larger complex on a 1.18-acre lot may mean future special levies for common area upgrades. The 2010 purchase price of $475,000 shows the property has appreciated, but growth has been moderate relative to houses in the catchment. The buyer should verify the sinking fund and recent strata minutes carefully. On the opportunity side, the floorplan allows for minor reconfiguration of the study or living area to improve flow, which could lift appeal without major cost. The property should be held for rental income and gradual capital growth, not short-term flipping.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 37/1-3 Duff Street, Turramurra NSW 2074
Market Insight:
Turramurra is a premium, family-centric suburb characterised by strong long-term capital growth for houses, though the unit market has recently softened. Demand is driven by established professionals seeking family homes, reflected in high owner-occupancy. The housing market demonstrates resilience with steady sales volume, while units present a higher yield opportunity amid current price adjustments. Future growth is underpinned by its established demographic profile, though the divergence between house and unit performance warrants close attention.