Over the last year, property investments in Collaroy, 2097 have given investors a capital gain of -15.44%. This compares very badly with the -2.98% for NSW as a whole.
Collaroy,2097 was ranked 199 in Australia by increase in median property value over the quarter.
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 -6.44% is being offered, which puts this NSW suburb at 1702th most discounted overall in Australia.
Collaroy, 2097’s gross rental yield is 2.37%
If you compare the increase in value of investment property in Collaroy, 2097 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.39%.
The five-year average increase in median property values for Collaroy,2097 has given property investors a potential capital gain of 27.31% across each of those five years.
Property buyers and investors in Collaroy 2097 should be seeing an average reduction in asking price of around -6.91% . This means that Collaroy is holding prices well when compared to other suburbs in NSW.
Situated 17.55km from the CBD, Collaroy is one of Northern Beaches (A) localities in the postcode 2097.