Wollongong NSW 2500

Houses Units

Here you can find what you need to know about Wollongong, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$860k Median Sale Price (National Average $485k) 457th In NSW
2.99% Median Price Change (1 yr) (National Average 4.30%) 624th In NSW
$480pw Median Rent (National Average $395) 571st In NSW
2.9% Median Gross Yield (National Average 4.24%) 856th In NSW
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Wollongong, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Wollongong, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Wollongong, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Wollongong


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Latest Auction Results for Wollongong as at 09 August 2020

Property Details
Sale Price
7/12 Kembla Street
3Bed / 2Bath / 2Car / Unit
Passed In
46/22 Market St
3Bed / 2Bath / 2Car / Unit
$1,150,000
1/27A Smith Street
2Bed / 1Bath / -Car / Unit
-
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State Auction Clearance Rates - August 2020

Auctions Clearance rate
NSW 703 58%
ACT 51 73%
NT 5 60%
QLD 175 37%
SA 47 55%
TAS 0 0%
VIC 308 64%
WA 20 25%

Local Schools


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Suburb Information

Wollongong, NSW 2500

Part of: Wollongong Council No data available

The size of Wollongong is approximately 5.9 square kilometres. It has 19 parks covering nearly 11.3% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Wollongong

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Wollongong   for Houses in last 12 months


There have been 40 Houses sold in Wollongong in the past 12 months with a median sale price of $757K, up 8.7% annually. It takes on average 19 days to sell with vendor discounting of -0.09%.

Streets in Wollongong

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