Collinswood is a small community in South Australia within the Prospect local government area (postcode 5081). With a population of 1,496, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Collinswood is $2.4 million, having surged 32.1% over the past year. The current median weekly rent is $545. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,077.
Public transport access includes 6 bus stops. The crime rate in the Prospect LGA is below average at 2,874 incidents per 100,000 population.
From an investment perspective, Collinswood offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.4M/$950K), placing it in the premium segment. The price-to-income ratio of 24.0x is considered stretched. House prices have moved +32.1% year-on-year.
Collinswood is a small community in South Australia within the Prospect local government area (postcode 5081). With a population of 1,496, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Collinswood is $2.4 million, having surged 32.1% over the past year. The current median weekly rent is $545. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,077.
Public transport access includes 6 bus stops. The crime rate in the Prospect LGA is below average at 2,874 incidents per 100,000 population.
From an investment perspective, Collinswood offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.4M/$950K), placing it in the premium segment. The price-to-income ratio of 24.0x is considered stretched. House prices have moved +32.1% year-on-year.