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.