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Collaroy Plateau

POSTAL CODE: NSW, 2097
HOUSE

COLLAROY PLATEAU, 2097 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling COLLAROY PLATEAU, 2097 values up and netting property investors a capital gain of 3.57% for the past year.

Investors saw the median home price rise to $2,900,000.

Profits due to an upward trend in home prices in the suburb averaged 6.08% per annum over a 3-year period.

COLLAROY PLATEAU now ranks at the 847th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in COLLAROY PLATEAU are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $1450 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COLLAROY PLATEAU, homes and units usually stay on listing for an average of 73.2 days.

In 2016, 62 properties were sold in COLLAROY PLATEAU during the past year, making it the 248th most active market in NSW based on total real estate transactions.

Surburb overview

Collaroy Plateau is a suburb in the Northern Beaches region, located approximately 22 kilometres northeast of Sydney's central business district. According to the 2021 Census, it has a population of roughly 4,805.

Public transport in Collaroy Plateau has buses connecting the suburb to the Sydney CBD and surrounding areas.

The suburb offers several parks and recreational areas, including the Edgar Gornall Wildflower Garden, McLeans Lookout, Plateau Park, and Anzac Avenue Reserve. These spaces provide residents with opportunities for outdoor activities and leisure.

Educational facilities in Collaroy Plateau include Collaroy Plateau Public School, which offers primary education. Additionally, several early learning centres and preschools are in the area, such as the Collaroy Plateau Community Kindergarten and the Owl & The Pussycat Preschool.

The suburb is home to the Collaroy Plateau Cricket Club, established in 1955. The club represents the local community in the Manly Warringah Cricket Association and the Manly Warringah Junior Cricket Association, offering opportunities for junior and senior players.

Regarding housing, Collaroy Plateau features a mix of single-family homes and apartments. The median house price is approximately $2,755,000, and annual capital growth is 5.96%. Rental yields for houses are currently around 2.65%, and the median rent is $1,300 per week.

Collaroy Plateau offers a blend of residential living with access to essential services and recreational activities, contributing to its appeal as a Northern Beaches suburb. 

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