Suburb Profile Report for Collaroy NSW (2097)

Collaroy House: Median price $2,022,500, Annual capital growth 4.30%, Number of sales 64, Weekly median advertised rent $1,050

Collaroy Unit: Median price $820,000, Annual capital growth 6.76%, Number of sales 129, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Collaroy has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.62%

Collaroy,2097 has offered an average of 9.62% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Collaroy are currently offering property investors an average price cut of -3.93% below the asking price at the moment.

Collaroy is 974th on a list of best yielding suburbs for rents in NSW with a 2.70% return

NSW has seen average median house prices change by 5.59% which means that Collaroy, 2097 has done well for property investors by showing a capital gain of 15.09% over the last year

If we look at median property appreciation over just the last three months, Collaroy has given property investors a paper return of 6.49%. This puts Suburb as 67 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Collaroy itself are offering an average vendor discount of -2.04% to real estate investors.

In the last year 129 properties changed hands in Collaroy, which puts it as the 105th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $580 weekly from the median priced house in this suburb.

HOUSE UNIT
$2,022,500 $820,000
7.15% 6.49%
9.62% 15.09%
4.30% 6.76%
$1,050 $580
64 129
2.70% 3.68%
103.6 29.91

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 14387
Median household income ($/weekly) 1862
Median age of persons 38
Median housing loan repayment ($/monthly) 2668
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1998 13.9
    25-34 years 1794 12.5
    35-44 years 2351 16.3
    45-54 years 2051 14.3
    55-64 years 1586 11.0
    Others 4608 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 5728 54.6
    Not Married 3788 36.1
    Defacto Relationship 966 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 10580 76.7
    Japan 157 1.1
    Papua New Guinea 329 2.4
    United Kingdom 1127 8.2
    Other 488 3.5
    Others 1111 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 1.1
    Christianity 10007 75.0
    Judaism 54 0.4
    Other Religious Groups 57 0.4
    No Religion 2992 22.4
    Others 86 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 603 13.6
    $2,000-$2,499 480 10.8
    $2,500-$2,999 607 13.7
    $3,000-$3,499 382 8.6
    $4,000 or more 381 8.6
    Others 1977 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4746 43.5
    Not in the labour force 3043 27.9
    Employed, worked part-time 2479 22.7
    Employed, away from work 392 3.6
    Unemployed, looking for work 259 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1228 16.1
    Professionals 1901 25.0
    Technicians & trades workers 1068 14.0
    Clerical & administrative workers 1251 16.4
    Sales 763 10.0
    Others 1402 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 303 8.5
    Infants/Primary 1358 38.0
    Secondary 946 26.5
    Technical or Further Educational Institution 311 8.7
    University or other Tertiary Institutions 557 15.6
    Others 101 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10337 76.1
    Flat, unit or apartment 2795 20.6
    Semi-detached, row or terrace house, townhouse 374 2.8
    House or flat attached to a shop, office 70 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1911 39.0
    Fully owned 1769 36.1
    Rented 1187 24.2
    Other tenure type 33 0.7
    Tenure Type
Census 2011, ABS
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