Wollongong
Property profile for Wollongong, Wollongong. Median prices and property calculators.
Median Prices
Median House Price
$950,000
Approximate median for Wollongong, Wollongong
Median Unit Price
$550,000
Approximate median for Wollongong, Wollongong
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Estimated Stamp Duty
$42,250
On median house price of $950,000
Estimated Monthly Mortgage
$4,655
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$190,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Wollongong
Wollongong is the third-largest city in New South Wales and the regional capital of the Illawarra, located approximately 80 kilometres south of Sydney along the scenic coastal route. The CBD offers a surprisingly diverse urban lifestyle for a regional city, with a growing dining precinct around Crown Street, the revitalised Wollongong Mall, and the creative hub at the old Wollongong town hall. Property in the suburb ranges from heritage cottages and workers' homes in the older residential streets to modern apartments near the CBD and waterfront. North Beach and the Wollongong Harbour provide coastal recreation within walking distance of the city centre, while the Continental Pool and historic Wollongong Head Lighthouse add character to the foreshore. The University of Wollongong is a major institution that contributes significantly to the city's economy and culture, supporting a vibrant student population. Wollongong is surrounded by dramatic scenery, with the Illawarra Escarpment, Royal National Park, and Sea Cliff Bridge all within easy reach. Transport includes the South Coast train line with services to Sydney, regular bus networks, and the Illawarra Cycleway for cycling. The suburb is experiencing revitalisation with new cultural venues, public spaces, and residential developments. Wollongong appeals to families seeking an affordable alternative to Sydney with beach and mountain lifestyle, university students and staff, professionals working in local industries, and investors who see growth potential in the Illawarra region's evolving economy.