Northern beaches apartments: 15/14-20 The Avenue, Collaroy

Unit 15, 14-20 The Avenue, Collaroy 1

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


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

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