Suburb Profile Report for Collaroy NSW (2097)

Collaroy House: Median price $2,335,000, Annual capital growth 5.83%, Number of sales 50, Weekly median advertised rent $950

Collaroy Unit: Median price $882,500, Annual capital growth 7.08%, Number of sales 127, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$2,335,000 $882,500
-0.74% -0.03%
19.74% 14.31%
5.83% 7.08%
$950 $590
50 127
2.12% 3.48%
99.81 23.11

Source: CoreLogic

DSR Score for property investment : Very 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