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Collaroy, NSW 2097

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Collaroy, NSW 2097 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Collaroy, NSW 2097”

  1. The total adult population (15 years or older) of Collaroy 2097 NSW is 6,744, with a median age of 43. Of those, 46.32% are married, 11.80% are divorced or separated, 36.03% are single and 5.83% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $11,628. The median monthly mortgage repayment for households in this suburb is $2,800 which is 24.08% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of NSW, the suburb of Collaroy 2097 is estimated to house approximately 3620 households. As we progress into Q3 of 2023, it is recorded that typical house prices in Collaroy 2097 stride around the impressive $3,007,218 mark. The median weekly renting price is acknowledged at $1,271 which culminates to an indicative yield of about 2.2%.

    The socio-economic data reveals Collaroy as an affluent area with an IRSAD score of 1114 out of a possible 1217 – indicating superior access to economic resources including high incomes and professional occupations. The renter to owner ratio in the suburb stands at 30%, which contributes to a balanced market, reducing risk and competition among property investors.

    However, potential investors should note that the ratio of units to houses is 66%, surpassing the 50% threshold, indicating high competition among landlords for tenants. It suggests that the area may be oversaturated with rental units which could impact returns in the long term.

    The ‘Years to Own’ data or the affordability index for houses is exceeding the standard 30-year mortgage by far standing at 101 years; signifying decreased affordability and suggesting a higher price property market which might deter potential buyers.

    Taking into consideration the supply metrics, Collaroy experiences a low percentage of stock on market at 0.09%, indicating favourable conditions for sellers, and an incredibly low inventory level of 0.35 months for houses demonstrating rapid property turnover. The building approvals Ratio is within a favourable range at 1.61%, illustrating a steady supply of new dwellings.

    The demand metrics display an exceedingly positive picture with a short 25 days on market average, demonstrating high demand and quick sales for properties listed. The vacancy rate is also marginally towards the lower end at 1.86%, indicating a substantial demand for rental properties in the area. However, the buy search index is at a neutral 3, signifying that while demand exists, it isn’t overwhelming.

    Summarising, Collaroy 2097 exhibits a set of highly favourable metrics balanced by some factors, such as unit oversaturation and decreased affordability which should be weighed carefully by potential buyers or investors. Implementing these insights with oversight of ongoing market trends will undoubtedly optimise real estate investment decisions in the suburb of Collaroy. The RCS (Relative Composite Score) offered by HtAG Analytics could further streamline this process, providing an automated analysis of over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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