The median house price in Collingwood is $1,320,000 as of Q2 2025 (REIV), with a median unit price of $580,000. Collingwood is one of Melbourne’s most dynamic inner-north suburbs — a mix of Victorian workers cottages, converted warehouses, and new apartment developments, 2.5km from the CBD.
Collingwood Property Market at a Glance
| Metric | House | Unit |
|---|---|---|
| Median Price | $1,320,000 | $580,000 |
| Gross Rental Yield | 2.8% | 4.5% |
| 5-Year Capital Growth | 29% | 20% |
| Median Weekly Rent | $710/wk | $500/wk |
| Days on Market | 18 | 15 |
Why Collingwood Attracts Investors
Collingwood’s proximity to the CBD (2.5km), its creative and hospitality economy along Smith Street and Johnston Street, and its mix of residential and commercial zoning make it one of Melbourne’s most versatile investment suburbs. Unit yield of 4.5% is among the highest of any inner-Melbourne suburb. The suburb is served by Collingwood station and multiple tram routes.
Collingwood Investment Analysis
GeeVee rates Collingwood 7.6/10 for capital growth and 7.2/10 for rental yield. Walk score is 97 (Walker’s Paradise). Median household income is $2,290/wk (ABS 2021). The suburb’s commercial zoning creates strong opportunities for mixed-use investment, SMSF commercial property and development sites.
Frequently Asked Questions
What is the median house price in Collingwood in 2026?
The median house price in Collingwood is $1,320,000 (REIV Q2 2025), with 29% growth over five years.
Is Collingwood a good investment suburb?
Yes. Collingwood offers higher rental yields than most inner-Melbourne suburbs, strong tenant demand from professionals and creatives, and long-term upside from mixed-use zoning.
What is the rental yield in Collingwood?
House yield is approximately 2.8% gross. Unit yield is approximately 4.5% gross — among the best in inner Melbourne.
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