Bellambi, NSW

UNDERVALUED

2,170 sales · 34 years of data · NSW, Australia

$722,500
Median (All)
$1,250,000
Median (Houses)
$620,000
Median (Apartments)
4.8%
10yr CAGR
5.6%
34yr CAGR
41.9%
Strata %
34 years of data · 2,170 sales analysed · 2,500+ suburbs · Updated weekly

Bellambi, NSW Property Market Overview

Bellambi, NSW, postcode 2518, is a coastal suburb located in the Illawarra region, south of Sydney. Our analysis of the Bellambi property market incorporates 34 years of sales data, encompassing a total of 2,170 recorded sales. The current median property price in Bellambi across all property types is $722,500.

Bellambi offers a diverse range of housing options, reflected in its distinct median prices for houses ($1,250,000) and apartments ($620,000). The suburb's coastal location and accessibility to both Wollongong and Sydney contribute to its desirability. Bellambi’s property market presents a unique blend of lifestyle and investment characteristics.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $799,066
Based on the 10-year compound annual growth rate of 4.8%
Mixed housing42% apartments
58% of sales are houses and other non-strata properties
Loading chart...

Property Mix

58%
42%
Houses 58%$1,250,000Apartments 42%$620,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
34 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Bellambi

Street Rankings

Top streets in Bellambi, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Pioneer RdApartment13$740,000
2Park RdApartment23$605,000
3Owen Park RdApartment6$753,500
4Rothery StHouse11$1,100,000

... and 61 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Byron StHouse3$2,137/m²
2Wardell StHouse3$2,254/m²
3Bellambi LaneHouse4$1,581/m²
4Kirton RdApartment3$3,969/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Rothery StHouse+8.2%
2Bellambi LaneHouse+8.9%
3Edyth StApartment+7.6%
4Cawley StApartment+5.4%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

64
apartment buildings analysed
#AddressSalesMedian$/m²
126 Pioneer Rd3$770,000$8,125/m²

... and 60 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

53
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

42%
apartments across 64 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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65 streets and 64 buildings to explore

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3 street rankings
All 65 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
64 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,170 verified property sales across 34 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Bellambi at a Glance

Region
Illawarra
CBD Distance
77km south of Sydney CBD
Train Station
Bellambi Station (South Coast Line)
Council
Wollongong City Council
Property Character
Coastal residential with a mix of houses and apartments
Community
Families, first home buyers, and retirees

Bellambi, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Bellambi, NSW

Living in Bellambi offers a relaxed coastal lifestyle. Bellambi Beach is a popular spot for swimming and surfing. The suburb is serviced by Bellambi Public School, providing education for young families. For shopping, residents often visit the nearby Corrimal shopping centre. Bellambi also offers green spaces like Elizabeth Park, providing recreational areas for residents.

Bellambi is serviced by Bellambi train station on the South Coast Line, connecting residents to Wollongong and Sydney. The suburb has a friendly, community-oriented feel, with local cafes and shops contributing to its unique character. Bellambi offers a blend of coastal charm and convenient amenities, making it an attractive place to live.


Who Buys in Bellambi?

Bellambi attracts a diverse range of buyers. The 41.9% strata percentage suggests a strong appeal to first-home buyers and downsizers seeking apartment living. The median apartment price of $620,000 makes Bellambi relatively accessible for those entering the property market. Families are also drawn to Bellambi, attracted by the established houses with a median price of $1,250,000. The historical CAGR figures indicate that Bellambi appeals to buyers seeking long-term growth.

Market Analysis

Currently, the Bellambi property market, as of early 2026, is assessed to be below its long-term trend. This suggests that Bellambi is presently in undervalued territory within its historical property cycle.

The cycle position reflects the relative performance of Bellambi property prices compared to their established long-term growth trajectory. While the market fluctuates, understanding its position helps to contextualise current price levels within a broader historical perspective. This position is determined by a complex algorithm that is available to premium subscribers.


Is Bellambi a Good Investment?

Bellambi's historical growth patterns, as evidenced by its 4.8% 10-year CAGR, 4.6% 20-year CAGR, and 5.6% full-period CAGR, suggest consistent property value appreciation over time. The suburb's current position below its long-term trend indicates potential for future growth.

Factors contributing to Bellambi's property values include its coastal location, proximity to Wollongong, and accessibility to Sydney. The mix of housing options, from apartments to houses, caters to a broad range of buyers, further supporting demand in the Bellambi market. The suburb’s lifestyle amenities and community character also contribute to its overall appeal.


Bellambi Market Outlook

As of early 2026, the Bellambi property market is below its long-term trend. Recent price trends indicate some fluctuations, however, this position in the cycle suggests potential for future growth as the market corrects. Bellambi's underlying fundamentals, including its coastal location and community amenities, continue to support its long-term prospects.

Streets & Location in Bellambi, NSW

Located within postcode 2518, Bellambi features a range of residential streets, with some streets commanding higher median prices than others. According to our data, notable streets in Bellambi include Pioneer Road, Park Road, and Rothery Street. These streets are known for their desirable location and property characteristics. Bellambi benefits from its proximity to the coast and its convenient access to local amenities.

Market Dynamics

Recent sales data indicates that the average settlement time in Bellambi is 53 days. This provides an insight into the efficiency of property transactions within the suburb. Our analysis does not currently reflect data on quick-flip activity in Bellambi. Transaction patterns in Bellambi reflect a mix of owner-occupier and investor activity.

Development & Density

Bellambi features a mix of housing types, with a total of 64 apartment buildings contributing to the suburb's overall density. The 41.9% strata percentage indicates a significant proportion of apartment living within Bellambi. This combination of houses and apartments contributes to the diverse property landscape within Bellambi. Further development data is available to premium subscribers.

Growth & Property Mix

Over the past decade, Bellambi has demonstrated a compound annual growth rate (CAGR) of 4.8%. Looking further back, the 20-year CAGR stands at 4.6%, while the full-period CAGR, spanning 34 years of data, is 5.6%. These figures provide insight into Bellambi's historical property value appreciation. The property mix in Bellambi includes a significant proportion of apartments, with strata properties accounting for 41.9% of the market.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Bellambi, NSW

What is the median property price in Bellambi?
The current median property price in Bellambi, across all property types, is $722,500. This figure is based on 34 years of sales data and reflects the diverse range of properties available in the suburb. The median price for houses is $1,250,000, while the median price for apartments is $620,000.
Is Bellambi overvalued or undervalued?
As of early 2026, Bellambi is currently below its long-term trend. This indicates that the suburb is in undervalued territory within its historical property cycle. The specific deviation percentage from the long-term trend is available to premium subscribers.
How has the Bellambi property market performed over 10 years?
Over the past 10 years, the Bellambi property market has demonstrated a compound annual growth rate (CAGR) of 4.8%. This figure reflects the average annual growth in property values over the specified period. It provides an indication of the historical performance of the Bellambi property market.
What percentage of Bellambi is apartments vs houses?
Apartments account for a significant portion of the Bellambi property market. Strata properties, which primarily consist of apartments, represent 41.9% of the total property mix in Bellambi. This indicates a strong prevalence of apartment living within the suburb.
Where is Bellambi in the property cycle?
Bellambi is currently below its long-term trend in the property cycle. This suggests that property prices in Bellambi are presently undervalued compared to their historical growth trajectory. A more detailed analysis, including the specific deviation percentage, is available to premium subscribers.
What schools are near Bellambi?
Bellambi Public School is located within the suburb, providing primary education for local children. Nearby schools also include Corrimal High School and Woonona High School, offering secondary education options. These schools cater to the educational needs of families living in Bellambi and the surrounding areas.
What is Bellambi like to live in?
Bellambi offers a relaxed coastal lifestyle with access to beaches and parks. The suburb has a friendly, community-oriented atmosphere with local shops and cafes. Residents enjoy the convenience of nearby amenities and the ease of commuting to Wollongong and Sydney via the South Coast Line.
Is Bellambi good for families?
Bellambi can be a good option for families, with access to schools like Bellambi Public School and nearby parks like Elizabeth Park. The suburb offers a mix of housing options, including houses and apartments, catering to different family sizes and budgets. The coastal location also provides opportunities for outdoor activities and recreation.
How far is Bellambi from Sydney CBD?
Bellambi is located approximately 77 kilometres south of the Sydney CBD. The suburb is accessible by car via the Princes Highway and by train via the South Coast Line, providing convenient transport options for residents commuting to Sydney.
What transport options are in Bellambi?
Bellambi is serviced by Bellambi train station on the South Coast Line, offering direct train services to Wollongong and Sydney. Local bus routes also operate within the suburb, providing connectivity to surrounding areas. Major roads, including the Princes Highway, provide access to other parts of the Illawarra region.
How does Bellambi compare to nearby suburbs?
Compared to neighbouring suburbs like Corrimal and Woonona, Bellambi offers a similar coastal lifestyle with a mix of housing options. Median property prices in Bellambi are generally comparable to those in Corrimal, while Woonona tends to have slightly higher median prices. All three suburbs benefit from their proximity to the coast and access to amenities.
Is Bellambi a good first home buyer suburb?
Bellambi could be considered by first home buyers, particularly those seeking apartment living. The median apartment price of $620,000 makes it relatively more accessible compared to houses. Its location and access to transport are also considerations for those entering the property market.
What are the best streets in Bellambi?
Based on median property prices, some of the more desirable streets in Bellambi include Pioneer Road, Park Road, and Rothery Street. These streets may offer desirable features such as proximity to amenities, larger block sizes, or attractive views. Detailed street-level data is available to premium subscribers.
How many properties have been sold in Bellambi?
Over the 34 years of data analysed, a total of 2,170 properties have been sold in Bellambi. This represents a significant volume of transactions and provides a robust dataset for understanding the suburb's property market trends.
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