24 McRae Place, Turramurra, NSW 2074
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Open Saturday 27 June 12:30 pm Auction Saturday 18 July 2:00 pmOriginally a source of timber and later an orchard district, Turramurra transformed into a premier residential suburb following the extension of the North Shore railway line. The early 20th century saw the construction of grand Federation and Inter-war estates that still define the suburb's character.
Today, it is a high-income family stronghold known for its 'leafy' aesthetic, oversized blocks, and a growing precinct of modern apartments near the transport hub.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Turramurra represents the quintessential North Shore 'aspirational' move. It balances traditional prestige with modern infrastructure upgrades, making it a defensive asset for long-term wealth.
$2.6m – $5.5m
$850k – $1.8m
12-month movement
Current asking rents
While house prices have stabilised after the 2021-2023 surge, the scarcity of land keeps valuations high. Units offer a more accessible entry point but face more competition from new supply.
Price comparison
Median price ÷ median income
Estimated rental yield
Turramurra is one of Sydney's least affordable suburbs. Buyers typically rely on significant existing equity or high dual-professional incomes.
Lower = tighter market
Avg time on market
Annual rental increase
Corporate families relocating for schools and downsizing locals seeking luxury apartments.
Capital growth is the primary play here rather than yield. The rental market is tight, particularly for 4+ bedroom homes in school catchments.
Expect steady capital appreciation for houses. The station precinct will undergo significant visual transformation as older low-rise blocks are replaced by higher-density luxury apartments.
vs last 12 months
Relative comparison
Standard residential security is sufficient. Most incidents are opportunistic; ensure garages and vehicles are locked.
The primary physical risk is bushfire for properties on the suburb fringes. Regulatory risk is high due to heritage and tree preservation orders.
Low risk generally, though some localized overland flow issues exist near steep gullies.
High risk for properties bordering Lane Cove National Park and North Turramurra. BAL ratings will apply.
Expect higher premiums for properties in designated bushfire prone areas.
Heritage Conservation Area (HCA), Biodiversity/Terrestrial Flora, Bushfire Prone Land.
Within 400m of Turramurra Station under the 2024 TOD SEPP.
Zoning changes are currently the biggest driver of land value. Understanding if a property falls within the new 6-storey height limit zone is critical for valuation.
Excellent rail access; bus services connect to Macquarie Park and St Ives.
Turramurra Plaza and local village shops provide high-quality daily needs.
Exceptional access to Lane Cove National Park and local ovals like Karuah Park.
A primary driver for the suburb; home to highly-regarded Turramurra Public and High schools.
Close proximity to Sydney Adventist Hospital (The San) and Hornsby Ku-ring-gai Hospital.
A highly educated, affluent demographic consisting largely of established families and older professionals.
The high owner-occupancy and income levels ensure property maintenance remains high and the market remains resilient to economic shocks.
The Turramurra Village Hub and the State Government's TOD program are the most significant changes.
Residents value the safety, greenery, and educational opportunities above all else, though some express concern over increasing density.
It's the perfect place to raise children; the parks are safe and the schools are second to none.
The train is reliable for getting into the city, but the Pacific Highway is a nightmare if you leave after 7:30 AM.
We love the local cafes and the sense of space. You actually know your neighbours here.
The new apartments are changing the feel of the station area. I worry about the loss of the old trees.
The land value here is incredible. Even with higher rates, the demand for houses never seems to drop.
Rents are high, but it's worth it to be in the catchment for Turramurra High.
Position the property as a 'generational home' that offers a blend of prestige, safety, and educational excellence. Focus on the lifestyle 'sanctuary' aspect.
High-capital growth, low-yield strategy. Best suited for long-term equity building.
Low rental yields and high entry costs. Potential for temporary oversupply in the unit market.
Access to top-tier public education and a safe, quiet environment.
High rental prices and limited availability of modern rental houses.
Ensure smoke alarms and bushfire ember protection are compliant with Ku-ring-gai Council standards.
The 'Forever Home' in a 'Blue Chip' location.
High-net-worth local upgraders and professional families relocating from the Lower North Shore or Inner West.
This report contains estimated data and professional analysis for informational purposes only. It does not constitute financial or legal advice. Medians and growth figures are projections based on historical trends as of March 2026. Buyers should conduct independent due diligence and consult with qualified professionals before making any property purchase.
Now
Before
Contact Agent
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Open Saturday 27 June 12:30 pm Auction Saturday 18 July 2:00 pm
Auction Thursday 16 July, 6pm - In rooms
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Open Saturday 27 June 2:45 pm Auction Thursday 16 July 6:00 pm
Auction Saturday 18 July, 4pm - Inrooms
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Open Saturday 27 June 11:00 am Auction Saturday 27 June 4:00 pm
Price Guide $600,000 - $660,000
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Auction Saturday 18 July 4:00 pm
Auction Guide - $2,500,000
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Auction Saturday 4 July 4:00 pm
Auction (Unless Sold Prior)
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Auction Saturday 11 July 10:00 am
Contact Agent
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