Collaroy Market Update David
YOUR LOCAL AGENT
Bain
Total sales in Collaroy over
Suburb sales 106
12
8/19 Ramsay St $1,100,000 BED 2 BATH 2 CAR 1 A301/4 Collaroy St $5,300,000 BED 3 BATH 2 CAR 3 6/1145 Pittwater Rd $965,000 BED 1 BATH 1 CAR 2 12A/20 Stuart St $1,750,000 BED 3 BATH 2 CAR 1 22 Eastbank Ave Undisclosed BED 5 BATH 3 CAR 2 12/18 Ramsay St $940,000 BED 2 BATH 1 CAR 1 15/1034 Pittwater Rd $1,525,000 BED 3 BATH 2 CAR 2 1/9 Frazer St $1,420,000 BED 3 BATH 2 CAR 1 34 Hendy Ave $2,640,000 BED 2 BATH 2 CAR 1 48 Alexander St Undisclosed BED 6 BATH 3 CAR 3 40 Jamieson Pde $2,900,000 BED 4 BATH 2 CAR 2 27/7-11 Collaroy St $2,450,000 BED 3 BATH 2 CAR 3 Please note that all recent sales are provided by Corelogic for Collaroy.
the last
months
Suburb statistics
How Collaroy performed over the last 12 months
Source: Data is provided by CoreLogic and is based on statistical market data. Whilst all reasonable effort is made to ensure the information in this publication is current, Upstate does not warrant the accuracy or completeness of the data and information contained in this publication. -11.8% Capital growth - houses -6.8% Capital growth - units $7,775,000 Highest sale price 42 Average days on market - Unit $3,210,000 Median House price $1,140,000 Median Unit price $1,000 /week Average rental price - House $650 /week Average rental price - Unit 64 Average days on market - House 33 Number of House sales 73 Number of Unit sales
Market wrap
The Northern Beaches saw exponential growth in 2021 with property prices across the region increasing 30% on average. Although the market softened in 2022 with drops around 10% - 20%, Collaroy experienced the lesser effect of this and held property value better than neighbouring comparative markets. Driving this stability is out-of-area buyers continuing to show strong interest in the Northern Beaches lifestyle, and low stock levels, which creates ideal conditions if you’re thinking of selling.
The median house price in Collaroy has seen an increase from $2.63m in January 2023 to $2.77m in March 2023, whilst the median rental price rose by 5.3%, likely driven by the recent interest rate rises and landlords passing their mortgage increase onto tenants.
The Northern Beaches offers an exceptional choice for upsizers, downsizers, investors, and first-time buyers, resulting in continued demand for the region in any market.
For more information on the current market in your local area, contact David Bain today on 0405 620 920.
Commercial leased Prospective buyers on our database 162,000+ 112 Commercial sales 30 Residential leased Highest sale price Northern Beaches $26,000,000 591 Residential sales 366 Auction clearance rates Auction clearance rate Sydney Auction clearance rate Northern Beaches 77.8% 79.8% Auction clearance rate Upstate 80%
How Upstate performed in 2022
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Upstate property listings attract significantly more
enquiries than the market average.
The Northern Beaches biggest team and database in a single office.
Month 2022 Buyer enquiries Market average Buyer enquiries UPSTATE January 97 1,305 February 97 1,508 March 83 1,282 April 68 1,029 May 67 884 June 61 583 July 62 1,073 August 74 882 September 73 1,266 October 78 1,232
Dec Jan Feb Mar Apr May Jun Jul Au g Sep Oc t 3,000 2,250 1, 50 0 750 0 Upstate 2021 Upstate 2022 Market average
david.b@upstate.com.au
Honesty, integrity and determination define David’s committed approach to Real Estate and his clients.
“SOLID RESULT”
David’s cool and calm approach provided a solid result in a tougher selling market. David was honest and transparent throughout the sale process and was proactive in the marketing campaign. Best agent in Collaroy!
Vendor Review - Collaroy
“SECURED THE PRICE WE WANTED”
Very Professional. David set the bar for a professional, informative, high integrity and trustworthy agent on the beaches. Consultative throughout both of our experiences, as a buyer and as seller. Highly recommend.
upstate.com.au
Level 1, Suite 15, 888 Pittwater Road, Dee Why, NSW 2099
Vendor Review - Collaroy
David Bain Licensed Real Estate Agent 0405 620 920
Highest sale price 70% Repeat clients 384 Total properties sold
$4,400,000
