Warriewood 50 years ago it was full of farmers growing cucumbers and tomatoes! I recall my Dad saying the cost of a farm was the same price as a new home in Collaroy. My Dad did the right thing, or so he thought, buying a new home in Collaroy. Fast forward 40 years & the same Collaroy home is now $3m & the little old Warriewood farm is now $14m! The moral of the story, land is more valuable than a house.