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%