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Top 5 Best and Worst Suburbs in Wollongong for 2024

October 16, 2024
best and worst suburbs in wollongong

Key takeaways:

  • The best suburbs in Wollongong like Wollongong CBD and Fairy Meadow offer high rental yields, great amenities, and solid long-term growth.
  • Suburbs like Berkeley and Dapto are more affordable but struggle with higher crime rates, making them less attractive for some investors.
  • Fairy Meadow stands out with its 7.26% rental yield, ideal for investors looking for strong returns.
  • Coastal suburbs such as Towradgi and North Wollongong are popular for their relaxed beachside living but come with higher property prices.

Wollongong, known for its stunning beaches and proximity to Sydney, offers a variety of suburbs that cater to different lifestyles. Whether you’re looking for the best suburbs in Wollongong for investment or a family-friendly community, this coastal city has a lot to offer.

However, some suburbs are more appealing due to new developments and high rental returns, while others face challenges such as higher crime rates and slower infrastructure growth.

In this guide, we explore the best and worst suburbs in Wollongong, giving you key insights into property prices, community appeal, and investment potential.

Best Suburbs in Wollongong

1. Wollongong CBD

Best Suburbs in Wollongong for 2024
Apartment for sale in Wollongong, NSW
  • Median House Price: $1,240,000
  • Median Unit Price: $720,000
  • Rental Yield (Houses): 3.05%
  • Rental Yield (Units): 4.0%

Wollongong’s CBD is the heart of the city, offering modern apartments, a bustling dining scene, and access to major employment hubs.

The CBD is increasingly popular among young professionals and students due to its proximity to the University of Wollongong and the wide range of amenities. The Illawarra region’s growing development projects ensure this suburb will continue to thrive.

Check out more properties in Wollongong NSW 2500.

2. Fairy Meadow

Best Suburbs in Wollongong for 2024
Apartment for sale in Fairy Meadow
  • Median House Price: $1,100,000
  • Median Unit Price: $622,500
  • Rental Yield (Houses): 7.26%
  • Rental Yield (Units): 1.96%

Fairy Meadow is a growing suburb, thanks to its excellent transport links, shopping centers, and family-friendly parks.

The area has experienced a 9% increase in house prices compared to last year, making it a solid investment for those looking for long-term capital growth. It’s also one of the most desirable suburbs for families due to its access to quality schools.

Check out more properties in Fairy Meadow NSW 2519.

3. North Wollongong

Top 5 Best Suburbs in Wollongong for 2024
Apartment for sale in North Wollongong
  • Median Rent (Houses): $691 PW
  • Rental Yield (Houses): 2.97%

North Wollongong is a dream destination for beach lovers. With some of the most beautiful beaches in the region, this suburb offers a laid-back coastal lifestyle while still being well-connected to the city.

Ideal for both tourists and residents, North Wollongong boasts a healthy rental yield, making it a strong choice for property investors looking to benefit from tourism and local demand.

Check out more properties in North Wollongong NSW 2500.

4. West Wollongong

Top 5 Best Suburbs in Wollongong for 2024
House for sale in West Wollongong, NSW
  • Median House Price: $990,000
  • Median Rent (Houses): $700 PW
  • Rental Yield (Houses): 3.59%

Known for its proximity to the University of Wollongong, West Wollongong is a hub for students and young professionals. Its balance of affordable housing, rental demand, and strong community spirit makes it one of the best suburbs for those seeking a suburban yet dynamic atmosphere.

Check out more properties in West Wollongong NSW 2500.

5. Towradgi

Top 5 Best Suburbs in Wollongong for 2024
House for sale in Towradgi, NSW
  • Median House Price: $1,262,500
  • Median Rent (Houses): $750 PW
  • Rental Yield (Houses): 3.06%

Towradgi is a coastal gem, offering easy access to pristine beaches and recreational activities like surfing. While Towradgi is more relaxed than some of the city’s busier suburbs, its proximity to Wollongong CBD ensures that residents can enjoy the best of both worlds.

Check out more properties in Towradgi NSW 2518.


Worst Suburbs in Wollongong

Not every suburb in Wollongong enjoys the same level of development or safety. Some areas may present concerns regarding crime rates or slower infrastructure growth.

1. Berkeley

worst suburbs in wollongong
Suburb of Berkeley
  • Median House Price: $742,500
  • Crime Rate: 1,234 per 100,000 people

Berkeley is an affordable suburb, but it faces challenges due to its higher crime rates. Efforts are being made to improve safety and boost community engagement, but investors should consider this risk before diving into the market.

2. Dapto

  • Median House Price: $770,000
  • Crime Rate: 934 per 100,000 people

Dapto offers great affordability but has seen rising crime levels. Community initiatives aim to address these issues, but prospective buyers should be aware of the potential trade-offs in terms of security and long-term investment potential.

3. Warilla

worst suburbs in wollongong
Suburb of Warilla
  • Median House Price: $766,500
  • Crime Rate: 1,034 per 100,000 people

Warilla is located by the coast. However, rising crime and poor infrastructure could discourage families and long-term investors from living or investing there.

4. Bellambi

  • Median House Price: $1,100,000
  • Crime Rate: 834 per 100,000 people

Despite being close to the beach, Bellambi struggles with fluctuating house prices and crime concerns. However, local infrastructure improvements could present an opportunity for future growth.

Check out more properties in Fairy Meadow NSW 2519.

5. Warrawong

worst suburbs in wollongong
Suburb of Warrawong
  • Median House Price: $779,000
  • Crime Rate: 1,134 per 100,000 people

Warrawong is a mixed bag. Although it offers a range of shopping facilities, its higher crime rates may deter potential investors. However, long-term development plans in the area could shift the market in a positive direction over time.

Wollongong Suburb Comparison

Best Suburbs in Wollongong (2024)

SuburbMedian House PriceMedian Rent (Houses)Rental Yield (Houses)Key Features
Wollongong CBD$1,240,000$650 PW3.05%Central hub, cafes, restaurants, close to employment
Fairy Meadow$1,100,000$595 PW7.26%Family-friendly, shopping centers, schools
North Wollongong$691 PW (rent)$691 PW2.97%Beachside living, proximity to the city
West Wollongong$990,000$700 PW3.59%Close to University of Wollongong, parks, vibrant suburb
Towradgi$1,262,500$750 PW3.06%Coastal suburb, relaxed atmosphere

Worst Suburbs in Wollongong (2024)

SuburbMedian House PriceCrime Rate (per 100,000)Rental Yield (Houses)Key Features
Berkeley$742,5001,234N/AAffordable, but higher crime rate
Dapto$770,000934N/ACommunity spirit, affordable but higher crime
Warilla$766,5001,034N/ACoastal location but higher crime rates
Bellambi$1,100,000834N/ACoastal, affordable but fluctuating prices
Warrawong$779,0001,134N/AShopping facilities, proximity to lake, higher crime rate

Conclusion:

Suggested reading: While Wollongong has its charm, for those interested in the Northern Territory, exploring the best suburbs in Darwin can also be an exciting option.

Some suburbs are growing and have good facilities. They also have high rental income. Other suburbs are less attractive. This is due to crime or a lack of development.

Suggested reading: Looking for the perfect place to settle down under? Discover the best suburbs in Australia in our detailed roundup.

FAQs on Best and Worst Suburbs in Wollongong

What are the most expensive suburbs in Wollongong?

The most expensive suburbs in Wollongong are:

  • Thirroul
  • Bulli
  • Wombarra
  • East Corrimal
  • Austinmer

These suburbs are all highly desirable due to their proximity to the beach, as well as their excellent schools and amenities.

Is Wollongong a good suburb?

Wollongong is a great suburb for people of all ages and lifestyles. It has a strong economy, a vibrant arts and culture scene, and a wide range of outdoor activities to enjoy. Wollongong is also very affordable, compared to other major Australian cities.

Is Wollongong a good place to live for international students?

Yes, Wollongong is a great place to live for international students. It has a welcoming community, a number of universities and colleges, and a variety of affordable accommodation options. Wollongong is also relatively close to Sydney, making it easy to travel to the city for work or study.

Which city is cheapest for international students in Australia?

Adelaide is generally considered to be the cheapest city in Australia for international students. It has a relatively low cost of living, as well as a number of affordable accommodation and tuition options. Other relatively affordable cities for international students include Hobart, Canberra, and Perth.

Which city of Australia has most jobs for international students?

Sydney is generally considered to be the best city in Australia for international students in terms of job opportunities. It has a large and diverse economy, as well as a number of companies that are specifically looking to hire international students.

Other good cities for international students in terms of job opportunities include Melbourne, Brisbane, and Perth.

Please note that these are just general answers, and the best city and suburb for you will depend on your individual needs and preferences.

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