Suburb Profile Report for Collaroy NSW (2097)

Collaroy House: Median price $2,332,500, Annual capital growth 5.76%, Number of sales 57, Weekly median advertised rent $950

Collaroy Unit: Median price $855,000, Annual capital growth 6.84%, Number of sales 124, Weekly median advertised rent $595

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

Source: CoreLogic

  • House Report
  • Unit Report

Collaroy is in the TOP 10% 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 22.76%.

Over the longer term, Collaroy has seen property prices show investors a 60.86% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Collaroy is giving property investors an average Vendor Discount of around -4.81%. This puts suburb at number 705th in NSW when ranking the most discounted suburbs.

A $950 per week rent on the median house gives suburb investors a gross yield of circa 2.12%, without taking into account capital value appreciation, which has been averaging out at 5.76%.

Investment property in Collaroy has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.53%

Across a shorter period, Collaroy, 2097 has seen a median price increase of 3.53% over the last quarter.

Collaroy2097 is located in NSW which offers an average discount of -4.33% to property investors. Collaroy itself is showing figures that indicate -2.18% is the average achievable by property buyers investing in the suburb.

A $595 per week rent on the median house gives suburb investors a gross yield of circa 3.62%, without taking into account capital value appreciation, which has been averaging out at 6.84%.

Metrics i HOUSE UNIT
$2,332,500 $855,000
9.74% 3.53%
22.76% 14.53%
5.76% 6.84%
$950 $595
57 124
2.12% 3.62%
115.25 22.71

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Collaroy NSW
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