Woonona, NSW

FAIR VALUE

9,039 sales · 36 years of data · NSW, Australia

$1,227,500
Median (All)
$1,455,000
Median (Houses)
$845,000
Median (Apartments)
7.1%
10yr CAGR
6.6%
36yr CAGR
27.8%
Strata %
36 years of data · 9,039 sales analysed · 2,500+ suburbs · Updated weekly

Woonona, NSW Property Market Overview

Woonona, NSW 2517, is a coastal suburb located in the Illawarra region, south of Sydney. Our data spans 36 years, capturing 9,039 recorded sales in Woonona. The current median property price (all types) in Woonona is $1,227,500, reflecting its popularity as a residential area with both houses and apartments.

Woonona offers a blend of coastal lifestyle and accessibility to both Wollongong and Sydney. Houses in Woonona currently have a median price of $1,455,000, while apartments sit at a median of $845,000. Woonona's property market has shown consistent growth over the long term, making it an area of interest for homeowners and investors alike.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $992,807
Based on the 10-year compound annual growth rate of 7.1%
Predominantly houses28% apartments
72% of sales are houses and other non-strata properties
Loading chart...

Property Mix

72%
28%
Houses 72%$1,455,000Apartments 28%$845,000

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Woonona

Street Rankings

Top streets in Woonona, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Lassiter AveHouse7$2,420,000
2Gray StHouse5$2,425,000
3Forestview WayHouse5$1,600,000
4Dorrigo AveHouse6$2,347,500

... and 206 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
1Liamina AveHouse4$7,963/m²
2Beach DrHouse3$9,436/m²
3Lawrence StApartment3$6,104/m²
4Kareela RdHouse7$7,453/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
1Athol StHouse+8.5%
2Stanhope StHouse+12.3%
3Lawrence StApartment+9.4%
4Park RdHouse+12.6%

... 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

29
apartment buildings analysed
#AddressSalesMedian$/m²
113 Popes Rd6$1,091,250$5,301/m²
235 Nicholson Rd4$935,500$4,235/m²

... and 25 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

57
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

28%
apartments across 29 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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210 streets and 29 buildings to explore

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3 street rankings
All 210 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
29 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 9,039 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Woonona at a Glance

Region
Illawarra
CBD Distance
69km south of Sydney CBD
Train Station
Woonona Station (South Coast Line)
Council
Wollongong City Council
Property Character
Established residential with coastal appeal and a mix of houses and apartments
Community
Families, professionals, and downsizers seeking a coastal lifestyle

Woonona, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Woonona, NSW

Living in Woonona offers a relaxed coastal lifestyle with convenient access to amenities. The suburb is home to Woonona Beach, a popular spot for swimming, surfing, and enjoying the sun. Woonona also has several parks and reserves, providing green spaces for recreation and relaxation.

Families are well-catered for with schools such as Woonona East Public School and Woonona High School. The suburb is serviced by Woonona Train Station, offering direct access to Wollongong and Sydney. Local shopping options include Woonona Village, which features a supermarket, cafes, and specialty stores. The community vibe in Woonona is friendly and welcoming, making it a desirable place to call home.

Woonona offers a great balance of coastal living, community spirit, and convenient access to essential services. Its proximity to both the beach and the city makes it an attractive location for a wide range of residents.


Who Buys in Woonona?

Woonona attracts a diverse range of buyers, including families, professionals, and downsizers. The presence of good schools and parks makes it appealing to families with children. The median house price of $1,455,000 suggests that Woonona is attractive to established families and professionals.

The apartment market in Woonona, representing 27.8% of properties, offers more affordable options for first home buyers and downsizers. The suburb's consistent historical growth, with a 10-year CAGR of 7.1%, also makes it attractive to those seeking long-term capital appreciation.

Market Analysis

Currently, Woonona's property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Woonona are aligned with historical growth patterns and market fundamentals.

Being at fair value in the property cycle means that Woonona isn't experiencing significant overvaluation or undervaluation pressures. This relative stability can provide a degree of predictability for buyers and sellers operating in the Woonona market.


Is Woonona a Good Investment?

Woonona's growth patterns reflect its desirability as a residential location with strong lifestyle appeal. The suburb's proximity to the beach, good schools, and transport links contribute to its sustained property value. The 10-year CAGR of 7.1% and the full-period CAGR of 6.6% demonstrate the suburb's historical performance.

Woonona's current position near its long-term trend suggests a market at fair value. This means that the forces of supply and demand are relatively balanced, and property prices are aligned with historical averages. The combination of lifestyle amenities, consistent growth, and a balanced market position contributes to Woonona's appeal.


Woonona Market Outlook

As of early 2026, Woonona's property market is currently near its long-term trend, indicating a market at fair value. The suburb has maintained its appeal due to its coastal lifestyle and convenient access to amenities. Recent price trends in Woonona suggest a stable market, reflecting its desirability as a residential location.

The demand for property in Woonona remains steady, driven by its lifestyle attributes and strong community feel. The market is expected to continue its current trajectory, with prices reflecting the suburb's inherent value.

Streets & Location in Woonona, NSW

Woonona, postcode 2517, boasts a variety of streets with varying property values. According to our data, some of the top streets by median price in Woonona include CORINDA AVE, DORRIGO AVE, and GRAY ST. These streets may offer desirable features such as ocean views, proximity to amenities, or larger block sizes.

With a total of 210 streets, Woonona offers a diverse range of residential options. Its coastal location and proximity to Wollongong make it an attractive place to live, balancing lifestyle and convenience.

Market Dynamics

Market transaction patterns in Woonona reveal an average settlement timeframe of 57 days. This indicates the typical time it takes for a property sale to complete in Woonona, from acceptance of offer to final settlement.

We do not currently have data on quick-flip percentage in Woonona, so this metric is not available. However, the average settlement days provide insights into the overall transaction efficiency in the Woonona market.

Development & Density

Woonona features a mix of housing types, reflecting its evolution over time. The suburb has 29 apartment buildings, indicating a moderate level of apartment development alongside traditional houses.

The presence of apartments contributes to the overall density of Woonona, offering more affordable options and catering to different lifestyle preferences. The suburb's housing composition provides a range of choices for residents.

Growth & Property Mix

Woonona's historical growth rates showcase its steady performance over the years. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 7.1%, demonstrating robust growth in the recent decade. Over a longer 20-year period, Woonona's CAGR stands at 5.7%, while the full-period CAGR (36 years) is 6.6%. These figures reflect consistent long-term capital appreciation.

The property mix in Woonona consists of both houses and apartments, with apartments representing 27.8% of the total property stock. This mix caters to a diverse range of buyers, from families seeking houses to individuals and couples preferring apartment living.

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 Woonona, NSW

What is the median property price in Woonona?
The current median property price (all types) in Woonona is $1,227,500. For houses, the median price is $1,455,000, while apartments have a median price of $845,000. This reflects the mix of property types available in the suburb.
Is Woonona overvalued or undervalued?
According to our analysis, Woonona's property market is currently near its long-term trend, indicating that it is at fair value. This suggests that property prices are aligned with historical growth patterns and market fundamentals. The suburb is neither significantly overvalued nor undervalued at this time.
How has the Woonona property market performed over 10 years?
The Woonona property market has shown strong performance over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 7.1%. This reflects consistent growth in property values and demonstrates the suburb's appeal as a residential location. The 10-year CAGR indicates robust capital appreciation over the recent decade.
What percentage of Woonona is apartments vs houses?
Apartments make up 27.8% of the total property stock in Woonona. This indicates a mix of housing types, with a significant proportion of apartments alongside traditional houses. The availability of apartments provides more affordable options and caters to a range of lifestyle preferences.
Where is Woonona in the property cycle?
Our analysis indicates that Woonona's property market is currently near its long-term trend, placing it at fair value in the property cycle. This suggests that property prices are neither significantly above nor below their historical averages. The market is exhibiting relative stability at this point in time.
What schools are near Woonona?
Woonona is well-served by schools, including Woonona East Public School and Woonona High School. These schools cater to families with children of all ages. They contribute to Woonona's reputation as a family-friendly suburb.
What is Woonona like to live in?
Woonona offers a relaxed coastal lifestyle with a strong community feel. Residents enjoy access to Woonona Beach, parks, and local shops. The suburb is also well-connected to Wollongong and Sydney via train, making it a convenient place to live.
Is Woonona good for families?
Yes, Woonona is generally considered a good suburb for families. It has good schools, parks, and a safe environment. The availability of houses with gardens and proximity to the beach make it particularly appealing to families with children.
How far is Woonona from Sydney CBD?
Woonona is approximately 69km south of the Sydney CBD. It is accessible by train via the South Coast Line, providing a direct connection to Sydney. The train journey takes approximately 1 hour and 30 minutes.
What transport options are in Woonona?
Woonona is serviced by Woonona Train Station on the South Coast Line, providing direct access to Wollongong and Sydney. Several bus routes also operate in the area, connecting Woonona to neighbouring suburbs. The Princes Highway is the main road providing access to the suburb.
How does Woonona compare to nearby suburbs?
Compared to some nearby suburbs, Woonona offers a balance of affordability and lifestyle appeal. The median property price in Woonona is competitive with other coastal suburbs in the Illawarra region. It also benefits from its proximity to Wollongong and Sydney, offering more employment and amenity options.
Is Woonona a good first home buyer suburb?
Woonona presents options for first home buyers, particularly with its apartment market. The median apartment price of $845,000 may be more accessible for first home buyers compared to houses. The suburb's coastal lifestyle and proximity to amenities also make it an attractive option.
What are the best streets in Woonona?
According to our data, some of the top streets by median price in Woonona include CORINDA AVE, DORRIGO AVE, and GRAY ST. These streets may offer desirable features such as ocean views, proximity to amenities, or larger block sizes. More detailed street-level data is available to premium subscribers.
How many properties have been sold in Woonona?
Our data shows that there have been 9,039 recorded sales in Woonona over the past 36 years. This comprehensive sales history provides valuable insights into the long-term performance of the Woonona property market.
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