Property value increases in Collaroy have tracked higher than the NSW average of 11.06% over the last 12 months.
Comparing Collaroy,2097 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Collaroy 2097 should be seeing an average reduction in asking price of around -7.21% . This means that Collaroy is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
With the median price for a house in Collaroy being $2335000 and the advertised rent reaching $950 the gross rental yield for property investors calculates out to be 2.12%
Giving property investors a a solid capital gain of 14.31% for the last year, Collaroy, 2097 is the 314th highest performer in Australia in this respect.
The five-year average increase in median property values for Collaroy,2097 has given property investors a potential capital gain of 70.86% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Collaroy, 2097. Typically our figures indicate that -3.17% is being offered, which puts this NSW suburb at 1224th most discounted overall in Australia.
Property investors should expect to get $590 weekly from the median priced house in this suburb.