Collingwood Property Growth
VIC · 3066 · Inner North Melbourne
An inner-city suburb around 3 km north-east of the Melbourne CBD, Collingwood has transformed from a working-class industrial suburb into one of Melbourne's leading creative and tech precincts, anchored by the Smith Street retail strip and converted former warehouse office space.
Overview
Location: City of Yarra
An inner-city suburb around 3 km north-east of the Melbourne CBD, Collingwood has transformed from a working-class industrial suburb into one of Melbourne's leading creative and tech precincts, anchored by the Smith Street retail strip and converted former warehouse office space.
Market Snapshot
Median House Price
$1.33m
Median Unit Price
$625k
Avg Days on Market
42 days
Demographics
Estimated Population
9,179
Owner Occupier Rate
33.3%
Renter Rate
64.3%
Transport & Connectivity
Collingwood is served by Metro Trains' Mernda and Hurstbridge lines, with Victoria Park station within the suburb's vicinity, and by tram — route 86 runs along Smith Street (the boundary with Fitzroy) and route 12 runs along Victoria Parade. Major Roads: Hoddle Street (eastern boundary), Johnston Street, Victoria Parade. Train Lines: Mernda and Hurstbridge lines. Tram Lines: Routes 86, 12. Collingwood is approximately 3 km from the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Collingwood is served by Collingwood College, a government school spanning Kindergarten to Year 12 across multiple campuses. Primary and Secondary Schools: Collingwood College (P–12), whose main campus sits near Hoddle Street, with a Wurun Senior Campus for VCE students delivered in partnership with Fitzroy High School, opened in 2022. Always verify current zoning for a specific address via the Victorian Department of Education's Find My School tool.
Amenities & Lifestyle
Smith Street is Collingwood's main commercial spine, lined with independent bars, restaurants, vintage stores and galleries, while Johnston Street adds further cafes, bars and specialty shops. Collingwood Yards is a notable creative-industries hub within the suburb, and residents have nearby access to Yarra Bend Park — Melbourne's largest natural bushland reserve — and Studley Park along the Yarra River.
Employment
Major Employment Hubs: Collingwood has become a significant tech and creative-industries commercial precinct, with an estimated 49,000 workers within 1.8 km of the suburb; notable tenants include the Australian headquarters of Linktree and a major office occupied by healthcare software provider Epic Systems. Commercial Centres: the Smith Street and Johnston Street retail and hospitality strips.
Infrastructure
No major, currently confirmed infrastructure project is specific to Collingwood beyond the suburb's ongoing organic transformation of former industrial and warehouse sites into commercial and creative office space. No further projects beyond those noted above are currently confirmed for Collingwood. Check Infrastructure Australia's project pipeline, State Government announcements or the City of Yarra's website for the latest updates.
Growth Drivers
- Established creative and tech employment precinct — Collingwood hosts a growing concentration of tech, creative and health-industry employers, including major tenants such as Linktree and Epic Systems.
- Smith Street commercial and lifestyle strip — A well-established retail, dining and nightlife precinct supports ongoing demand for nearby housing.
- Train and tram connectivity — Access to the Mernda and Hurstbridge lines and the route 86 tram provides direct links into the CBD.
- Ongoing urban renewal — Continued conversion of former industrial sites into modern office and creative space is reinforcing the suburb's commercial base.
Key Risks
- High renter concentration — The majority of Collingwood dwellings are rented rather than owner-occupied, which can make the local market more exposed to shifts in rental demand.
- Thin house sales sample — Collingwood's housing stock is dominated by apartments, warehouse conversions and terraces, so median house price figures should be treated with more caution than in suburbs with a larger detached-house sales sample.
- Interest rate and lending sensitivity — Like all property markets, Collingwood's values and buyer activity are sensitive to changes in interest rates and lending conditions.
Frequently Asked Questions
Collingwood combines an established tech and creative-industries employment base — including major tenants such as Linktree — with the well-known Smith Street retail and dining strip and direct train and tram access to the CBD. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Collingwood College serves students from Kindergarten to Year 12 across its main campus and the Wurun Senior Campus, delivered in partnership with Fitzroy High School.
Collingwood is served by Metro Trains' Mernda and Hurstbridge lines and tram routes 86 and 12, all connecting directly to the CBD. Verify current timetables before relying on any commute estimate.
Collingwood offers the Smith Street and Johnston Street retail, dining and nightlife strips, the Collingwood Yards creative-industries hub, and nearby access to Yarra Bend Park and the Yarra River.
Try the Property Growth Calculator
Use your own property price, growth rate and timeframe to estimate future property value, equity growth and total projected growth.
Calculate Future ValueSources
- ABSCensus QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Yarra— https://www.yarracity.vic.gov.au/
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au/
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au/
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.