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Collaroy Suburb Insights

VIC
Location Information

Suburb Name

Collaroy, VIC

Distance from CBD

22.9 km
Demographics

Population

7,870

Median Income

$49,660

Area Information

Area

2.68 km²

Population Density

2937 people/km²

Property Market

Median Price

$589,120

Annual Growth

+11.5%
Property Price Trend Analysis

Current Median Price

$589,120

Annual Growth

+11.5%

Quarterly Growth

+4.5%

Price Trends - Last 6 Months

2024-01

$795,292

+5.3%
2024-02

$490,055

+6.9%
2024-03

$712,044

+11.7%
2024-04

$870,410

+14.4%
2024-05

$692,260

+7.2%
2024-06

$556,652

+17%
Property Type Price Analysis
House

Median Price

$1,625,303

Growth Rate

+11.3%

Available Listings

352 properties

Apartment

Median Price

$480,849

Growth Rate

+13%

Available Listings

874 properties

Townhouse

Median Price

$651,299

Growth Rate

+16.7%

Available Listings

132 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy