The suburb’s capital gain of 7.15% for the past year is lower than average compared to its 68.08% growth within a five-year period.
Also in COLLAROY, the median home price is sitting at $2,277,500, and the average rent at $995, this suggests property owners could potentially earn a 2.27% increase in gross rental yield.
Property investors have seen a -2.67% drop in COLLAROY based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.54% growth over a ten-year period. It ranks 506th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.15%||7.66%|
|Median 3 years||43.69%||30.88%|
|Median 5 years||68.08%||64.81%|
|10 years average annual||5.54%||7.06%|
|Weekly media advert. rent||$995||$590|
|Time on Market||78.1 days||32.7 days|
|Gross Rental Yield Percent||2.27%||3.45%|