Collaroy is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2097). With a population of 7,944, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Collaroy is $3.6 million, having dipped slightly 0.5% over the past year. Units have a median price of $1.0 million (-22.4% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,800.
Collaroy is served by 1 school, including 1 combined. The average ICSEA score is 1158, which is well above the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Collaroy offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.3x is considered stretched. House prices have moved -0.5% year-on-year.
Collaroy is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2097). With a population of 7,944, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Collaroy is $3.6 million, having dipped slightly 0.5% over the past year. Units have a median price of $1.0 million (-22.4% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,800.
Collaroy is served by 1 school, including 1 combined. The average ICSEA score is 1158, which is well above the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Collaroy offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.3x is considered stretched. House prices have moved -0.5% year-on-year.