The demand for real estate in Wollongong remains high, mainly because it is close to Syndey and has great job opportunities. However, it’s also difficult to build new properties to meet demand, as the natural geography of the ocean to the east and cliffs to the west means there’s very little open space for development. 

Currently, more young families and professionals are making the move and buying the remaining homes and units in Wollongong. Contact Precium to have the best possible chance of securing your home.

Wollongong has plenty of sought-after neighbourhoods, depending on what you’re looking for. Homebuyers who are drawn to the ocean will likely look for houses in suburbs like Austinmer, Thirroul, and Bulli because of their breathtaking sea views and proximity to Sydney. 

Families often gravitate towards Dapto, Woonona, and West Wollongong for larger family homes, while investors may want to look at up-and-coming suburbs in  Keiraville, Mangerton, and Warilla. The new marina at Shell Cove is also turning heads with newer properties and a thriving cafe precinct.

Sydney has a reputation for being one of the hardest cities in which to secure a property, along with having the steepest house prices in Australia. Wollongong provides a budget-friendly alternative while being just a quick commute away. 

With Wollongong, you can enjoy all the perks of living on the coast without giving up the vibrancy of the city. People are noticing this, too. The city has seen consistent growth over the past decade, making it a fantastic destination to invest in.