Wollongong, NSW
UNDERVALUED26,091 sales · 36 years of data · NSW, Australia
Wollongong, NSW Property Market Overview
Wollongong, NSW, postcode 2500, presents a diverse property market located south of Sydney. Our analysis covers 36 years of sales data, encompassing 26,091 recorded transactions. The current median property price (all types) in Wollongong is $797,750, with houses commanding a median of $1,390,000 and apartments at $755,000.
Wollongong is notable for its mix of coastal living and urban amenities. The market includes a significant proportion of apartments, reflected in the strata percentage. Historical growth rates have been consistent, making Wollongong an interesting area for property market observers. This overview provides a starting point for a deeper dive into the Wollongong property landscape.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Wollongong
Top streets in Wollongong, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Cliff Rd | $2,350,000 |
| 2 | Kembla St | $1,387,500 |
| 3 | Queens Pde | $1,765,000 |
| 4 | Church St | $1,800,000 |
... and 251 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Ocean St | $7,621/m² |
| 2 | Harbour St | $9,530/m² |
| 3 | Queens Pde | $10,025/m² |
| 4 | Young St | $7,723/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Rawlinson Ave | +8.2% |
| 2 | Staff St | +8.8% |
| 3 | Swan St | +8.7% |
| 4 | Kenny St | +8.5% |
... 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-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 28 Church St | $1,470,000 |
| 2 | 2 Parkside Ave | $3,000,000 |
| 3 | 10 Queens Pde | $1,975,000 |
| 4 | 75 Corrimal St | $2,190,000 |
... and 134 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 →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
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 →Unlock the full Wollongong analysis
255 streets and 138 buildings to explore
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Wollongong at a Glance
Wollongong, NSW
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Local Amenities
Living in Wollongong, NSW
Living in Wollongong offers a blend of coastal charm and urban convenience. The suburb boasts beautiful beaches like North Wollongong Beach and Wollongong City Beach, perfect for swimming, surfing, and relaxing. Residents can also enjoy parks like Stuart Park, offering recreational spaces and stunning ocean views.
Wollongong has a thriving community with excellent amenities. Families are well-catered for with schools like Wollongong High School of Performing Arts and St Mary Star of the Sea College. Convenient transport options include Wollongong train station, providing direct access to Sydney, and regular bus services. Shopping centres like Wollongong Central offer a range of retail and dining options, contributing to a vibrant and accessible lifestyle in Wollongong.
Who Buys in Wollongong?
The buyer profile in Wollongong is diverse, influenced by the mix of housing types and price points. The significant percentage of strata titled properties (64.2%) suggests a strong presence of apartment dwellers, including first home buyers and professionals seeking convenient living. The median house price of $1,390,000 may attract established families, while the apartment median of $755,000 offers options for those seeking more affordable entry points. The historical CAGR suggests a market that has historically appealed to both owner-occupiers and investors.
Market Analysis
Currently, Wollongong's property market is positioned below its long-term trend. This cycle position indicates that, based on historical data, the suburb is currently in undervalued territory.
This cycle position suggests that property prices in Wollongong are currently lower than what historical trends might indicate. It's important to note that market cycles are influenced by a range of factors, and this analysis represents a snapshot of Wollongong's market based on our data.
Is Wollongong a Good Investment?
Wollongong's historical growth patterns suggest a market with consistent, albeit not explosive, appreciation. The 10-year and 20-year CAGR of 4.2% indicates steady growth over the long term. The full-period CAGR of 5.4% reflects the overall historical performance of the Wollongong property market.
Currently, Wollongong is positioned below its long-term trend. This cycle position, coupled with the historical growth rates, may be of interest to those analysing the potential of the Wollongong property market. The mix of housing types, from houses to apartments, caters to a variety of needs and preferences, potentially contributing to the suburb's overall appeal.
Wollongong Market Outlook
As of early 2026, Wollongong's property market is positioned below its long-term trend, indicating that it is currently in undervalued territory. Recent price trends suggest a market that is currently experiencing a period of adjustment. It's important to monitor key indicators and market dynamics to understand the evolving landscape of Wollongong's property market.
Streets & Location in Wollongong, NSW
Wollongong, postcode 2500, offers a variety of property types and locations. Some of the streets with higher median property prices include KEMBLA ST, HILLCREST ST, and CLIFF RD. With a total of 255 streets within the suburb, Wollongong provides diverse living environments, from coastal properties to more inland residential areas. Its location in NSW provides access to both coastal and urban amenities.
Market Dynamics
The average settlement time for properties in Wollongong is 58 days. This timeframe reflects the typical transaction process in the area. Due to data limitations, a quick-flip percentage is not available for Wollongong. Monitoring settlement times can provide insights into market activity and buyer behaviour in Wollongong.
Development & Density
Wollongong features a mix of housing types, with a notable presence of apartment buildings. There are currently 138 apartment buildings in Wollongong. Strata properties account for 64.2% of the market, indicating a higher density of apartment living compared to detached houses. These figures highlight the ongoing development and housing composition trends in Wollongong.
Growth & Property Mix
Wollongong's property market has demonstrated consistent growth over extended periods. The 10-year and 20-year Compound Annual Growth Rate (CAGR) both stand at 4.2%. Over the full 36-year period of our data, the CAGR is 5.4%. The property mix in Wollongong is heavily influenced by apartments, with a significant percentage of properties being strata titled.
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.