Is Wollongong a good place to invest in property?

The current market regime is AMBER, which signals caution for new purchases. Wollongong has 95 scored suburbs with a median price of $1.06M.

Wollongong

AMBER Market

95 suburbs scored NSW Median $1.06M

High Confidence

Moderate

Low Confidence

Total Suburbs

Top 10 Suburbs in Wollongong

#	Suburb	Type	Tier	Price	Yield	Heat
1	Kembla Grange	house	BUY	$1.05M	3.7%	97
2	Warrawong	unit	BUY	$484K	4.0%	95
3	Shoalhaven Heads	house	BUY	$1.12M	2.7%	97
4	Kiama	unit	BUY	$1.04M	3.6%	80
5	Mangerton	house	BUY	$1.22M	3.8%	98
6	Balgownie	unit	BUY	$875K	3.7%	76
7	Colo Vale	house	BUY	$910K	4.6%	97
8	Shellharbour	unit	HOLD	$930K	4.2%	82
9	Mittagong	house	BUY	$945K	4.0%	94
10	Berkeley	unit	HOLD	$825K	3.3%	57

Most Undervalued Suburbs

Suburbs trading below our fair value estimate based on demographics, income, and rental yield.

All Wollongong Suburbs

#	Suburb	Type	Tier	Price	Yield	Fair Value
1	Kembla Grange	house	BUY	$1.05M	3.7%	+41.8%
1	Warrawong	unit	BUY	$484K	4.0%	+25.7%
2	Shoalhaven Heads	house	BUY	$1.12M	2.7%	+38.1%
2	Kiama	unit	BUY	$1.04M	3.6%	+21.5%
3	Mangerton	house	BUY	$1.22M	3.8%	+32.4%
3	Balgownie	unit	BUY	$875K	3.7%	+21.5%
4	Colo Vale	house	BUY	$910K	4.6%	+30.9%
4	Shellharbour	unit	HOLD	$930K	4.2%	+15.3%
5	Mittagong	house	BUY	$945K	4.0%	+29.6%
5	Berkeley	unit	HOLD	$825K	3.3%	+13.5%
6	Primbee	house	BUY	$1.01M	3.4%	+19.6%
6	Oak Flats	unit	HOLD	$849K	4.3%	+12.6%
7	Kiama Downs	house	BUY	$1.29M	3.6%	+18.1%
7	Bowral	unit	HOLD	$1.05M	4.0%	+7.1%
8	Tomerong	house	BUY	$977K	3.0%	+17.2%
8	Flinders	unit	HOLD	$845K	4.3%	+5.3%
9	Wollongong	house	BUY	$1.31M	3.4%	+17.2%
9	Albion Park Rail	unit	HOLD	$789K	4.2%	+5.2%
10	Tarrawanna	house	BUY	$1.26M	3.3%	+17.1%
10	West Wollongong	unit	HOLD	$875K	4.4%	+4.6%
11	Albion Park Rail	house	BUY	$858K	4.7%	+16.8%
11	Lake Illawarra	unit	HOLD	$835K	4.2%	+4.3%
12	Bowral	house	BUY	$1.39M	3.6%	+16.1%
12	Warilla	unit	HOLD	$830K	3.9%	+3.5%
13	Moss Vale	house	BUY	$1.08M	3.8%	+14.9%
13	Wollongong	unit	HOLD	$884K	4.5%	+2.7%
14	Horsley	house	BUY	$1.04M	3.9%	+14.9%
15	Barrack Heights	house	HOLD	$976K	4.2%	+13.8%
16	St Georges Basin	house	HOLD	$800K	3.9%	+13.7%
17	Berry	house	HOLD	$1.59M	2.1%	+13.7%
18	Currarong	house	HOLD	$1.07M	2.8%	+13.2%
19	Warilla	house	HOLD	$896K	4.1%	+11.7%
20	Vincentia	house	HOLD	$1.21M	2.6%	+11.0%
21	Shellharbour	house	HOLD	$1.35M	3.2%	+10.4%
22	Dapto	house	HOLD	$932K	4.2%	+9.8%
23	Sussex Inlet	house	HOLD	$780K	3.8%	+9.5%
23	Dapto	unit	HOLD	$702K	3.9%	+7.8%
23	Port Kembla	unit	HOLD	$718K	3.2%	+5.9%
23	Moss Vale	unit	HOLD	$999K	3.3%	+4.4%
23	Figtree	unit	HOLD	$785K	4.3%	+4.5%
23	Nowra	unit	HOLD	$466K	3.9%	+9.8%
23	Thirroul	unit	HOLD	$1.22M	3.9%	+6.1%
23	Gerringong	unit	HOLD	$902K	3.8%	+7.0%
23	Bellambi	unit	HOLD	$675K	4.5%	+6.5%
23	Bomaderry	unit	HOLD	$486K	4.1%	+11.4%
23	Windang	unit	HOLD	$290K	4.0%	+11.1%
23	Huskisson	unit	HOLD	$1.07M	2.5%	+7.7%
23	Mangerton	unit	HOLD	$643K	4.4%	+6.8%
23	Keiraville	unit	HOLD	$860K	4.4%	+3.8%
23	Bulli	unit	HOLD	$868K	4.0%	+3.1%
23	Helensburgh	unit	HOLD	$885K	4.4%	+3.5%
23	Mittagong	unit	HOLD	$695K	4.6%	+7.8%
23	Fairy Meadow	unit	HOLD	$646K	4.4%	+8.5%
23	Corrimal	unit	HOLD	$724K	4.1%	+11.1%
23	Albion Park	unit	HOLD	$780K	4.5%	+7.0%
23	Woonona	unit	HOLD	$832K	4.1%	+9.3%
24	Gerringong	house	HOLD	$1.44M	2.4%	+9.0%
25	Cringila	house	HOLD	$800K	4.3%	+8.9%
26	Fairy Meadow	house	HOLD	$1.36M	3.5%	+8.9%
27	Callala Bay	house	HOLD	$1.09M	3.0%	+7.9%
28	Stanwell Park	house	HOLD	$2.11M	2.9%	+7.7%
29	Unanderra	house	HOLD	$945K	4.0%	+7.6%
30	Lake Heights	house	HOLD	$941K	3.6%	+7.3%
31	Warrawong	house	HOLD	$881K	4.3%	+7.2%
32	Austinmer	house	HOLD	$2.15M	3.6%	+7.1%
33	Berkeley	house	HOLD	$890K	3.9%	+6.7%
34	Russell Vale	house	HOLD	$1.35M	3.3%	+6.7%
35	Lake Illawarra	house	HOLD	$1.04M	4.0%	+5.4%
36	Helensburgh	house	HOLD	$1.40M	3.6%	+5.1%
37	Port Kembla	house	HOLD	$1.18M	2.9%	+5.0%
38	Bellambi	house	HOLD	$1.41M	3.0%	+4.4%
39	Oak Flats	house	HOLD	$955K	3.9%	+4.1%
40	Bomaderry	house	HOLD	$812K	4.2%	+3.9%
41	Culburra Beach	house	HOLD	$1.23M	2.7%	+3.9%
42	Windang	house	HOLD	$1.24M	4.1%	+3.2%
43	Woonona	house	HOLD	$1.60M	3.3%	+3.2%
44	Balgownie	house	HOLD	$1.69M	2.4%	+2.5%
45	Erowal Bay	house	HOLD	$1.17M	2.7%	+2.0%
46	Figtree	house	HOLD	$1.23M	3.6%	+1.9%
54	Minnamurra	house	HOLD	$1.49M	3.1%	+20.7%
54	Avondale	house	HOLD	$1.05M	3.7%	+3.6%
54	Mount Kembla	house	HOLD	$1.36M	2.9%	+4.2%
54	Haywards Bay	house	HOLD	$1.12M	3.8%	+2.3%
54	Kangaroo Valley	house	HOLD	$710K	5.8%	+39.8%
54	Huskisson	house	HOLD	$1.82M	1.7%	+5.3%
54	Albion Park	house	HOLD	$1.07M	3.8%	+11.9%
54	Keiraville	house	HOLD	$1.35M	3.4%	+3.3%
54	Nowra	house	HOLD	$730K	4.1%	+14.1%
54	Kiama	house	HOLD	$1.51M	3.0%	+13.1%
54	Bulli	house	HOLD	$1.69M	3.0%	+8.9%
54	Thirroul	house	HOLD	$1.85M	3.0%	+1.3%
54	West Wollongong	house	HOLD	$1.16M	3.6%	+4.4%
54	Flinders	house	HOLD	$1.05M	3.7%	+1.9%
54	Mount Pleasant	house	HOLD	$1.44M	3.4%	+10.9%
54	Corrimal	house	HOLD	$1.26M	3.5%	+4.7%

Frequently Asked Questions

What are the best suburbs to buy in Wollongong?

Atlaso rates 0 suburbs in Wollongong as HIGH confidence for capital growth. Our top-ranked picks include Kembla Grange, Warrawong, Shoalhaven Heads. These ratings are based on a 9-feature quantitative model with an out-of-sample AUC of 0.78-0.80.

Is now a good time to buy property in Wollongong?

The current market regime is AMBER. RED conditions signal elevated risk. Our model recommends caution during RED periods.

Find the best suburb for your budget

Find Your Suburb

Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).