FOR SALE: Unit 15, 14-20 The Avenue, Collaroy, Sydney
Apartment 2 bed, 2 bath, 2 car
Built Near new
Size 100 sqm approximately
The asking price for this apartment is over $720,000.
This east facing apartment is located a street back from Collaroy beach which is approximately 23km to the north of Sydney CBD.
It has 2 bedrooms with build in wardrobes and both walk out to the east facing alfresco entertainment area / balcony. Good features of this apartment include a separate study alcove, good size internal laundry and separate 3.5 sqm storage space. The ensuite of the master bedroom is a good size with double his / her wash basin.
This apartment comes with a double side-by-side secure car-space and is marketing by Matthew Lemon of LJ Hooker Collaroy.
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Vital statistics
| Collaroy | Median price $ | Weekly advertised median rent $ | Gross yield $ | 3-year growth % | 5-year growth % | Average annual growth % |
| Apartment | 485,000 | n/a | n/a | n/a | -10.2 | 6.1 |
| House | 1,107,500 | 885 | 4.16 | -17.2 | 1.84 | 5.12 |
Source: RP Data, June 2010
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How it’s calculated:
Median price: Median price for the 12 months to February 2010
Average annual growth: Average percentage change over the past 10 years as a per annum figure
3 and 5-year growth: Median price percentage change over the past 3 and 5 years to February 2010
Weekly median advertised rent: Median price of rental listings for the 12 months to February 2010
Gross yield: Estimated rental return, based on advertised rent to median price
