What kind of property are you looking for?
Discovery snapshot
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What kind of property are you looking for?
By continuing, you agree to Collings’ Terms and understand how your data is handled.
Here are some listings that match your budget.
42 Westgarth St, Northcote VIC
18 Kerr St, Fitzroy VIC
7 Rae St, Fitzroy North VIC
36 Best St, Fitzroy North VIC
11 Scotchmer St, Fitzroy North VIC
61 George St, Fitzroy VIC
Fitzroy
Median Price: $1.35M ↑ +8.2% YoY
Rental Yield: 3.8%
Properties Available: 56
Northcote
Median Price: $1.35M ↑ +8.2% YoY
Rental Yield: 3.8%
Properties Available: 56
Preston
Median Price: $1.35M ↑ +8.2% YoY
Rental Yield: 3.8%
Properties Available: 56
Elwood
Median Price: $1.35M ↑ +8.2% YoY
Rental Yield: 3.8%
Properties Available: 56
Collings Discovery Assistant — helping you find, learn, and invest smarter.
With a 900K budget, you’re in a strong position for mid-ring suburbs showing both solid growth and healthy rental yields.
Here are a few areas worth considering:
◉ Fitzroy
Median Price: $1.35M ↑ +8.2% YoY
Rental Yield: 3.8%
Properties Available: 56
◉ Preston
Median Price: $880K
Rental Yield: 4.2%
Annual Growth: +7.1%
◉ Elwood
Median Price: $910K
Rental Yield: 3.9%
Vacancy Rate: 1.7%
Good choice — focusing on yield gives you faster income stability.
Here are two suburbs performing well for investors right now.
◉ Preston
Median Price: $880K
Rental Yield: 4.2%
Annual Growth: +7.1%
Vacancy Rate: 1.8%
◉ Elwood
Median Price: $910K
Rental Yield: 3.9%
Annual Growth: +5.0%
Vacancy Rate: 1.7%
Both Preston and Elwood are performing well, but for different reasons.
Preston continues to attract investors because of its relative affordability, strong rental demand, and transport upgrades pushing steady capital growth of around 7% per year. Yields are healthy at 4.2%, and vacancy rates remain below 2%.
Elwood offers long-term security. Prices are slightly higher at around $910K, with slower but consistent growth at 5%. Rental yields are lower at 3.9%, while tenant retention and vacancy performance remain strong.
Overall, Preston suits investors seeking stronger short-to-mid term returns, while Elwood fits those after lower risk and stable, long-term growth.
Both have strong fundamentals, but for pure investment performance, Preston edges ahead right now.
It offers a stronger balance of yield and growth, with median prices still under $900K, rental returns above 4%, and vacancy rates below 2%.
Why Preston stands out:
- Lower entry price with strong short-to-mid term potential
- Balanced yield and capital growth performance
- Consistent rental demand with low vacancy rates
- Continued infrastructure and retail development driving value
18 Plenty Rd, Preston VIC
42 High St, Preston VIC
7 Bell St, Preston VIC
31 Murray Rd, Preston VIC
Collings Discovery Assistant — helping you find, learn, and invest smarter.
Got it. I’ve filtered active listings in Collingwood with a maximum rent of $5,000/month.
Here are some that fit your criteria:
Retail spaces in Collingwood under $5,000/month.
128 Smith St, Collingwood
High street frontage with strong pedestrian flow.
214 Smith St, Collingwood
High street frontage with strong pedestrian flow.
305 Smith St, Collingwood
High street frontage with strong pedestrian flow.
91 Johnston St, Collingwood
Corner tenancy with tram exposure and flexible café fitout.
176 Gertrude St, Fitzroy
Boutique retail frontage with strong weekend trade.
44 Langridge St, Collingwood
Flexible mixed-use space close to creative studios.
If you’re planning to open a café, foot traffic and street visibility will make a big difference.
Here’s what to look for when choosing a space in Collingwood:
What to check:
- Pedestrian flow – Smith Street consistently has strong daily walk-by numbers, especially around lunchtime.
- Street visibility – Corner or main-road shopfronts get better exposure than side streets.
- Anchor proximity – Spaces near cafés, convenience stores, and tram stops often see steady customer flow.
- Complementary businesses – Being close to food, retail, or lifestyle brands helps you benefit from shared traffic.
- Accessibility – Sidewalk width, parking, and safe crossings all matter for casual footfall.
High foot traffic zones in Collingwood
Smith Street Precinct – Strong café and retail culture, especially between Johnston and Gertrude Streets.
- Most active during weekdays from 10 AM – 3 PM and weekends until late evening.
- Popular with locals and visitors; high crossover from Fitzroy shoppers.
- Ideal for cafés, small restaurants, and boutique retail.
Johnston Street Corridor – Reliable weekday crowd, good lunch-hour rush.
- Close to offices and creative studios; steady trade Monday–Friday.
- Traffic peaks around 8 AM and 12 PM.
- Best suited for take-away cafés or grab-and-go retail.
Brunswick Street edge (toward Fitzroy) – Heavy weekend pedestrian movement and crossover customers.
Langridge / Wellington area – Growing creative and small-business presence with lower rents and longer-term upside.
Here are a few retail listings currently available along Smith Street, Collingwood, all within the $5,000/month range.
128 Smith St, Collingwood
High street frontage with strong pedestrian flow.
214 Smith St, Collingwood
High street frontage with strong pedestrian flow.
305 Smith St, Collingwood
High street frontage with strong pedestrian flow.
These often have better long-term lease terms and slightly higher visibility potential.
Sure. Off-market retail and mixed-use opportunities in Collingwood and nearby Fitzroy are limited but highly sought after.
Here are a few current options based on your $5K/month range.
Inner Collingwood – Johnston St (Private Listing)
Excellent exposure near café cluster
Fitzroy – Gertrude St (Private Listing)
Early-access retail tenancy close to established hospitality operators.
Collingwood – Wellington St (Private Listing)
Mixed-use opportunity suited to a café, studio or boutique concept.
Collings Discovery Assistant — helping you find, learn, and invest smarter.
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