Collaroy is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2097). It is home to about 7,944 residents, with an established family demographic and a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward professional services and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Collaroy is $4.1 million, having risen steeply by 19.7% over the past year. Units have a median price of $1.5 million (+24% YoY). The current median weekly rent is $925. 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 1,515 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.2% (low yield). Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.2x is considered stretched. House prices have moved +19.7% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.