We’ve seen a noticeable lift in open home attendance across the Illawarra recently — a sign that confidence is returning to the residential market. At MMJ Wollongong, we’ve welcomed an impressive number of prospective buyers through our doors, with 44 groups attending a house in Unanderra and 25 groups through a property in Woonona. On the unit front, interest remains strong too, with 13 groups through a Wollongong unit and 19 groups inspecting a unit in Bellambi.
285 buyer groups have attended MMJ open homes in June alone — a fantastic indicator that demand remains steady across both houses and units.
Market Snapshot
According to realestate.com.au, the average days on market for houses in the Illawarra currently sits at 40 days, while units are taking around 44 days to sell.
At MMJ Wollongong, we’re proud to be outperforming the local averages:
- Houses: Our average is 33 days on market
- Units: We're sitting at just 28 days on market
This reflects not only the quality of homes we're listing, but also our tailored marketing strategies and buyer engagement processes.
What This Means for Sellers
Now is a great time to list, especially if you're considering selling in the near future. The combination of increased buyer numbers and competitive days on market means:
- Your property has a strong chance of attracting multiple buyers quickly
- Well-priced homes are selling efficiently
- High-quality presentation and strategic marketing are getting results
Seller Tips:
- Present your property at its best: Declutter, clean, and consider professional styling.
- Price realistically: The right price from day one generates more interest and a quicker sale.
- Be flexible with inspections: More availability means more chances to meet genuine buyers.
What This Means for Buyers
With more buyers active, competition is heating up. While the market isn’t overheated, strong properties are moving quickly. Increased buyer confidence is likely to lead to them being inclined to place their property on the market, meaning a possible increase in listings in the near future.
Buyer Tips:
- Get finance pre-approved so you're ready to act when the right property appears.
- Attend open homes early in the campaign — properties are getting snapped up faster.
- Do your research: Know the area, understand recent sales, and have a clear idea of your must-haves vs. nice-to-haves.
Final Thoughts
The Illawarra market is showing healthy signs of activity and momentum, particularly in the Wollongong area. With strong buyer interest, fewer days on market, and well-attended open homes, both buyers and sellers are in a position to make confident, informed moves.
If you’re thinking of buying or selling, now’s a great time to chat with the MMJ Wollongong team about your options. We’re here to guide you every step of the way.