Suburb Profile Report for Collaroy NSW (2097)

Collaroy House: Median price $2,320,000, Annual capital growth 5.78%, Number of sales 54, Weekly median advertised rent $993

Collaroy Unit: Median price $890,000, Annual capital growth 7.24%, Number of sales 125, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Collaroy, 2097 have given investors a capital gain of 20.02%. This compares very favourably with the 10.13% for NSW as a whole.

If we look at median property appreciation over just the last three months, Collaroy has given property investors a paper return of -1.90%. This puts Suburb as 1244 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 -5.28% offered to property buyers. Sellers in Collaroy itself are offering an average vendor discount of -4.81% to real estate investors.

At number 2337 in a list of fastest selling suburbs, Collaroy is in the bottom 40% of suburbs in Australia with an average of days on market 88.68 for properties listed there.

Collaroy is in the TOP 20% in NSW when comparing median price capital growth over the last year. Collaroy gave property investors a very good capital gain figure when compared to the rest of the state, with 18.98%.

Taking the average capital gain, or increase in median house value, Collaroy,2097 has racked up an average of 18.98% over the period. This ranks it number 253th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Collaroy is $890000, with sellers offering an average of -2.68% off the asking price.

In the last year 125 properties changed hands in Collaroy, which puts it as the 126th most active market in NSW when comparing the number of sales per suburb.

Collaroy, 2097’s gross rental yield is 3.45%

Metrics i HOUSE UNIT
$2,320,000 $890,000
-1.90% 4.09%
20.02% 18.98%
5.78% 7.24%
$993 $590
54 125
2.22% 3.45%
88.68 20.34

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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
Chart Table
Recent sales & rentals