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.