Suburb Profile Report for Collaroy NSW (2097)

Collaroy House: Median price $2,200,000, Annual capital growth 6.81%, Number of sales 46, Weekly median advertised rent $995

Collaroy Unit: Median price $838,750, Annual capital growth 5.85%, Number of sales 96, Weekly median advertised rent $595

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Collaroy has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -11.11% to date .

Taking the average capital gain, or increase in median house value, Collaroy,2097 has racked up an average of -11.11% over the period. This ranks it number 1455th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Collaroy is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 711th in terms of most discounted suburbs in NSW

A $995 per week rent on the median house gives suburb investors a gross yield of circa 2.35%, without taking into account capital value appreciation, which has been averaging out at 6.81%.

Property value increases in Collaroy have tracked close to the NSW average of -4.02% over the last 12 months.

Across a shorter period, Collaroy, 2097 has seen a median price increase of 4.84% over the last quarter.

Collaroy, 2097 is offering NSW ‘s 205th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

The NSW suburb of Collaroy, 2097 is in the Northern Beaches (A) local government area.

Metrics i HOUSE UNIT
$2,200,000 $838,750
-20.43% 4.84%
-11.11% -6.60%
6.81% 5.85%
$995 $595
46 96
2.35% 3.69%
82.8636363636364 60.7575757575758

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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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
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