Cammeray vs Collaroy

The median house price is $3.8M in Cammeray and $3.8M in Collaroy, so Collaroy is the cheaper entry point, with Cammeray houses about 1% dearer.

For units, Cammeray sits at a median of $1.3M against $1.3M in Collaroy, which makes Cammeray the more affordable unit market and Collaroy the pricier one.

On cash flow, Collaroy leads: houses there return a gross rental yield of 2.76%, compared with 2.33% in Cammeray, a gap of 0.43 percentage points.

Over the past year house prices moved +3.4% in Cammeray and +1.9% in Collaroy, so recent momentum favours Cammeray, although both suburbs recorded growth.

Looking back three years, Cammeray houses are +2.1% and Collaroy houses +0.5%, so Cammeray has compounded faster than Collaroy over the longer window.

Rental vacancy is 1.8% in Cammeray and 2.2% in Collaroy, so landlords in Cammeray face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Collaroy is the bigger suburb, with a population of 7,944 against 7,088, larger than Cammeray; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Collaroy for rental income, Collaroy for a lower purchase price, Cammeray for recent price momentum, Cammeray for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.