38/2 Jersey Street, Turramurra NSW 2074

38/2 Jersey Street, Turramurra NSW 2074
Townhouse in tightly held complex | 3-bed, 2-bath, 2-car | Auction May 30 | Rarely available configuration in Turramurra This property sits within a 46-townhouse complex that has seen only three sales in the past year, with the most recent comparable unit selling at $1.81m in September 2025 after appreciating 15% from its 2021 purchase. The 75% owner-occupancy rate signals a stable, low-turnover community that typically supports stronger resale values than rental-heavy complexes. For a buyer seeking a well-positioned townhouse with established demand in the Ku-ring-gai catchment, this unit offers a rare entry into a configuration that does not frequently come to market. The scheduled auction on May 30 creates a defined timeline for due diligence and bidding strategy. The primary risk is the absence of a disclosed price, which places pressure on the buyer to independently validate value against the $1.6mโ€“$2m Turramurra townhouse range. Given the 59% auction clearance rate in the area and the complex’s limited recent sales, competitive tension may be moderate but unpredictable. The opportunity lies in the property’s alignment with family buyer preferences,three bedrooms, two bathrooms, and proximity to Turramurra Public and High schools,which supports both owner-occupier demand and long-term capital stability. NBN Hybrid Fibre Coaxial and 5G coverage add practical appeal without being primary drivers. Hold this property as a medium-term family residence or low-maintenance investment in a supply-constrained pocket of the North Shore.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 38/2 Jersey Street, Turramurra NSW 2074
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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1.11 ha

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