Whether you're buying, renting, or investing, understanding a suburb's profile is key to making confident property decisions. Researching the latest median prices, market trends, and demographic insights for Wollongong, NSW will help you stay informed and make the right move.
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Insights - Wollongong, NSW
Wollongong is a thriving coastal city just 80km south of Sydney, offering the perfect mix of lifestyle and economic opportunity. Known for its strong university presence, growing health and technology sectors, and stunning beaches, the city attracts families, students, and professionals alike. Its affordable property market compared to Sydney, combined with ongoing infrastructure investment, makes Wollongong a highly attractive option for both residents and investors.
$1,015,000
Median House Price
53%
Auction Clearance Rate
+12.2%
Price Growth 12 months prior
Recent Sales Wollongong, NSW
Why Invest in Wollongong?
Strong Capital Growth: Median house prices sit around $1.26m (↑6% annually), with units averaging $690k–$750k and even stronger growth rates.
Tight Rental Market: Vacancy rates remain below 1%, creating strong rental demand and driving yields higher.
Major Infrastructure Investment: Over $97m in projects are enhancing connectivity, lifestyle, and long-term city growth.
Affordable Alternative to Sydney: Wollongong offers coastal living and commuter access at far lower entry costs than Sydney.
Diverse Economy & Employment: Education, health, and tech sectors—supported by UOW’s innovation hub—are boosting jobs and housing demand.
Population Growth: With 1.2–1.6% annual growth, increasing demand and limited supply continue to underpin future property values.
Wollongong delivers the perfect blend of lifestyle, affordability, and long-term investment strength—making it a standout regional city in NSW.
Current Listings in Wollongong, NSW
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