Balgownie or "Bally" to the locals, is a small established suburb in the northern fringes of Wollongong, situated between the ocean and the escarpment.
Balgownie, nestled in the picturesque Illawarra region of New South Wales, 2519, is a charming suburb that effortlessly blends natural beauty with a welcoming community atmosphere. Situated just a few kilometers north of Wollongong's bustling city center, Balgownie offers a serene escape from the urban hustle and bustle while maintaining easy access to all amenities.
One of the suburb's most striking features is its lush green landscape, characterized by rolling hills, dense forests, and the iconic Illawarra Escarpment looming in the background. This natural beauty is complemented by pristine beaches, including the popular Fairy Meadow Beach, which are just a short drive away.
Balgownie is a family-friendly neighborhood with excellent schools, parks, and recreational facilities. The Balgownie Village precinct is a charming center of activity, hosting a variety of shops, cafes, and local businesses. Residents can enjoy leisurely strolls through the historic streets lined with beautiful homes and gardens.
For nature enthusiasts, Balgownie offers numerous walking and hiking trails, including the stunning Mt. Keira Summit Track, which provides breathtaking panoramic views of the Illawarra coastline. The suburb is also home to a tight-knit community that frequently organizes events and festivals, fostering a sense of belonging among its residents.
In summary, Balgownie, NSW 2519, is a serene suburb where natural beauty meets community spirit, making it a coveted place to call home in the Illawarra region.
MARKET INSIGHTS
![]() |
![]() |
![]() |
Wollongong & IllawarraIllawarra & South Coast |
2519NSW |
5527Population |
![]() |
![]() |
$1,075,000Average House Sale Price 12 months prior |
$717,500Average Unit Sale Price 12 months prior |
$675 PWAverage House Rent Price July 2023 |
$413 PWAverage Unit Rent Price July 2023 |
3.27%Implied Gross Rental Yield July 2023 |
2.99%Implied Gross Rental Yield July 2023 |
5.44%Compound House Growth Rate Over 5 Years |
0.42%Compound Unit Growth Rate Over 5 Years |
80No. of Properties Sold 12 months prior |
|




