What is the true cost of buying an apartment in Collaroy?

The median apartment in Collaroy is $1,050,000. Including stamp duty ($41,780), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $76,208, or $6,351/month.

What does it really cost to buy a house in Collaroy?

The median house in Collaroy is $2,450,000. True first-year cost including stamp duty ($117,160), rates, insurance, maintenance, and mortgage repayments is approximately $166,018.

What is the vacancy rate in Collaroy?

Collaroy currently has a vacancy rate of 1.8%. Properties average 28 days on market.

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True Cost of Buying in Collaroy

2097 NSW · 22km to CBD

Rising

A decision, not just a search · Collaroy

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

Collaroy, a picturesque suburb in New South Wales, offers a unique blend of lifestyle, market position, and investment outlook. With a median house price of $2,450,000 and a median unit price of $1,050,000, Collaroy is an affluent area that attracts high-income earners, with a median income of $95,000. The suburb's population of 4,200 residents enjoys a relatively high walkability score of 75.0, indicating easy access to local amenities and services. The schools rating of 8.0 and safety rating of 8.0 further enhance the appeal of Collaroy as a desirable place to live. From an investment perspective, Collaroy's distance to the CBD of 22.0 km may be a consideration, but the suburb's investment score of 78.0 and growth potential of 82.0 suggest a strong outlook for property values. The rental yield for houses is 2.8%, and the vacancy rate is a low 1.8%, indicating a competitive rental market. Overall, Collaroy presents an attractive opportunity for investors and homeowners seeking a high-quality lifestyle in a desirable location.

High median income of $95,000, indicating a strong and affluent communityExcellent schools rating of 8.0, making it an attractive option for familiesHigh safety rating of 8.0, providing residents with a secure environmentStrong investment score of 78.0, suggesting a stable and growing property marketHigh growth potential of 82.0, indicating a promising outlook for property values

Market Snapshot

Median House

$2.5M

+8.2% 1yr

Median Apartment

$1.1M

+9.8% 1yr

Median Townhouse

$1.6M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.2%

Yield (House)

2.8%

Auction Clearance

72%

Population

4,200

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$6,351/mo

Purchase Price

$1,050,000

Stamp Duty

$41,780

1st Year Total

$76,208

House

$13,835/mo

Purchase Price

$2,450,000

Stamp Duty

$117,160

1st Year Total

$166,018

Townhouse

$9,185/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$110,216

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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