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What are housing prices like in Wollongong right now? (2026)

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Authored by the expert who managed and guided the team behind the Australia Property Pack

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In this article, we look at current housing prices in Wollongong in 2026, using fresh local data and simple price examples.

We constantly update this blog post so buyers can follow the Wollongong property market with numbers that are easy to understand.

You will see median prices, average prices, price per square metre, neighborhood ranges, taxes, renovation costs, and what different budgets can buy.

And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Wollongong.

Insights

  • The median housing price in Wollongong in 2026 is about A$800,000, while the average is closer to A$950,000 because coastal houses lift the overall number.
  • Entry apartments in Wollongong in 2026 usually start around A$500,000 to A$650,000, mostly for older 1-bedroom or compact 2-bedroom units.
  • Wollongong houses are much more expensive than units, with suburb data showing houses near A$1.3 million and units near A$750,000.
  • Premium coastal areas such as Thirroul, Austinmer and Bulli are not just slightly more expensive, they can cost about twice as much as entry suburbs.
  • Most normal residential stock in Wollongong in 2026 sits between A$560,000 and A$1.65 million, which is a wide range for one city.
  • Closed sale prices in Wollongong are usually about 3% to 5% below the first advertised price, but good coastal homes can sell much closer to guide.
  • Price per square metre in Wollongong is highest near beaches, the CBD and the northern villages, where buyers pay heavily for location and scarcity.
  • A foreign buyer in NSW must be careful because the 9% foreign purchaser surcharge can make the final buying cost much higher than the listing price.
  • A US$500,000 budget is a realistic entry point in Wollongong in 2026, but it usually means an apartment or older unit rather than a house.

What is the average housing price in Wollongong in 2026?

The median housing price in Wollongong is often more useful than the average price because one expensive coastal house can push the average up, while the median shows what a more typical buyer is facing.

We are writing this as of 2026 with the latest data collected from authoritative sources that we manually double checked.

The median housing price in Wollongong in 2026 is about A$800,000, which is about US$565,000 or €490,000. The average housing price in the Wollongong market in 2026 is about A$950,000, which is about US$671,000 or €582,000.

A realistic range for about 80% of normal residential properties in the Wollongong market in 2026 is about A$560,000 to A$1.65 million, or roughly US$395,000 to US$1.17 million.

A realistic entry range in Wollongong in 2026 is about A$500,000 to A$650,000, or about US$353,000 to US$459,000 and €307,000 to €398,000, usually for an existing 1-bedroom or compact 2-bedroom apartment of about 45 to 70 sq m in Wollongong CBD fringe, Fairy Meadow, Mangerton, Warrawong or parts of Corrimal.

A typical luxury property in Wollongong in 2026 usually costs about A$1.8 million to A$3.2 million, or about US$1.27 million to US$2.26 million and €1.10 million to €1.96 million, often for an existing renovated 4-bedroom coastal house of about 180 to 260 sq m in Thirroul, Austinmer, Bulli, Woonona or premium North Wollongong.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Wollongong.

Sources and methodology: we used realestate.com.au, AreaSearch and Wollongong City Council Housing Monitor to cross-check local prices. We used Reserve Bank of Australia exchange rates to convert Australian dollars into US dollars. We treated suburb medians as the base, then adjusted the average upward because detached coastal houses are more expensive than units.

Are Wollongong property listing prices close to the actual sale price in 2026?

In Wollongong in 2026, closed sale prices are usually about 3% to 5% below the first asking price, with a practical estimate near 4%.

This happens because Wollongong still has limited supply in good coastal and family suburbs, while higher borrowing costs make buyers more careful. The gap varies the most for overpriced homes, renovated coastal houses and unique beachside properties, because some sell close to guide while others need a clear discount to move.

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What is the price per sq m or per sq ft for properties in Wollongong in 2026?

As of 2026, the median housing price per sq m in Wollongong is about A$9,000, or US$6,350 and €5,520, which equals about A$836 per sq ft, or US$590 and €513. The average housing price per sq m in Wollongong is about A$9,500, or US$6,710 and €5,820, which equals about A$883 per sq ft, or US$623 and €541.

The highest price per sq m in Wollongong in 2026 is usually found in newer or renovated beachside apartments and compact premium coastal units, while the lowest price per sq m is usually found in older larger homes or townhouses in southern and inland suburbs.

The highest price per sq m is usually in Wollongong CBD, North Wollongong, Bulli, Thirroul and Austinmer, where a normal range is about A$10,000 to A$16,500 per sq m. The lowest price per sq m is usually in Warrawong, Berkeley, Unanderra and Lake Heights, where a normal range is about A$5,500 to A$7,500 per sq m.

Sources and methodology: we used realestate.com.au, AreaSearch and nearby suburb profiles to estimate price per surface. We compared prices with typical apartment, townhouse and house sizes in Wollongong. These figures are estimates because Australian suburb profiles do not always publish clean internal floor-area prices.

How have property prices evolved in Wollongong?

Compared with one year ago, property prices in Wollongong in 2026 are probably about 6% to 8% higher, with our best estimate near 7%. The main reason is simple: good coastal and family homes remain scarce, while Sydney-linked lifestyle demand still supports the northern suburbs.

Compared with two years ago, Wollongong property prices in 2026 are probably about 12% to 16% higher. The increase has been helped by tight supply, limited coastal land, and buyer interest in Wollongong as a lifestyle city rather than a cheap regional alternative.

By the way, we’ve written a blog article detailing the latest updates on property price variations in Australia.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Wollongong.

Sources and methodology: we used Wollongong City Council Housing Monitor, ABS CPI data and Domain. We compared recent nominal price growth with inflation. We used the suburb data as a local check so the result stays specific to Wollongong.

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How do prices vary by housing type in Wollongong in 2026?

In the Wollongong property market in 2026, apartments and units make up about 42% of listings and sales, detached houses about 38%, townhouses and villas about 12%, semi-detached or duplex homes about 5%, luxury coastal houses about 2%, and development or knockdown houses about 1%.

Apartments and units in Wollongong average about A$750,000, or US$529,000 and €460,000. Detached houses average about A$1.3 million, or US$918,000 and €797,000, while townhouses and villas average about A$950,000, or US$671,000 and €582,000. Semi-detached homes and duplexes are often around A$1.05 million, or US$741,000 and €644,000, while luxury coastal houses are often closer to A$2.3 million, or US$1.62 million and €1.41 million.

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we used realestate.com.au, AreaSearch and nearby suburb profiles. We separated units, houses, townhouses and coastal luxury homes because buyers do not use one single market. We rounded all amounts so the numbers stay easy to read.

How do property prices compare between existing and new homes in Wollongong in 2026?

In Wollongong in 2026, a new or near-new home usually costs about 12% to 22% more than a comparable existing property, with a practical estimate near 17%.

This premium exists because new homes have higher building costs, modern finishes, warranties and lower short-term maintenance, but the gap can shrink when an older home has a rare beachside location or valuable land.

Sources and methodology: we used realestate.com.au, nearby suburb profiles and local price comparisons by age and type. We also considered construction-cost pressure in the broader Australian market. We treated the new-build premium as an estimate, not as a fixed rule.

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How do property prices vary by neighborhood in Wollongong in 2026?

Wollongong and North Wollongong mostly offer apartments, beachside units and some houses, with typical prices around A$850,000 to A$1.25 million, or about US$600,000 to US$882,000 and €521,000 to €766,000. Buyers pay for CBD access, the beach, the university, the train station and easier resale.

Thirroul and Austinmer are premium coastal villages where buyers mostly find coastal houses and some expensive units, with typical prices around A$1.5 million to A$2.6 million, or about US$1.06 million to US$1.84 million and €920,000 to €1.59 million. These areas are expensive because beach access, scarcity and Sydney-weekender demand all meet in a small market.

Figtree, Keiraville and Mangerton offer family houses, townhouses and older units, with typical prices around A$850,000 to A$1.4 million, or about US$600,000 to US$988,000 and €521,000 to €858,000. These areas are popular because they are practical, family-friendly and close to schools, the university and hospitals.

You will find a much more detailed analysis by areas in our property pack about Wollongong. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Wollongong area Market feel Average price range Average range per sq m Average range per sq ft
Wollongong CBD Central and apartment-heavy A$650k to A$1.35m
US$459k to US$953k
A$8.5k to A$13.5k
US$6.0k to US$9.5k
A$790 to A$1,254
US$557 to US$885
North Wollongong Beach, student and professional A$700k to A$1.45m
US$494k to US$1.02m
A$9.0k to A$15.0k
US$6.35k to US$10.6k
A$836 to A$1,394
US$590 to US$984
Thirroul Premium coastal village A$1.1m to A$2.3m
US$776k to US$1.62m
A$10.5k to A$16.5k
US$7.4k to US$11.6k
A$975 to A$1,533
US$688 to US$1,082
Austinmer Luxury coastal A$1.5m to A$3.0m
US$1.06m to US$2.12m
A$11.5k to A$17.5k
US$8.1k to US$12.4k
A$1,068 to A$1,626
US$754 to US$1,148
Bulli Family coastal A$850k to A$2.0m
US$600k to US$1.41m
A$8.5k to A$14.0k
US$6.0k to US$9.9k
A$790 to A$1,301
US$557 to US$918
Woonona Family northern suburb A$800k to A$1.75m
US$565k to US$1.24m
A$8.0k to A$13.0k
US$5.65k to US$9.18k
A$743 to A$1,208
US$525 to US$852
Corrimal Value and commute A$620k to A$1.35m
US$438k to US$953k
A$7.0k to A$10.5k
US$4.9k to US$7.4k
A$650 to A$975
US$459 to US$688
Fairy Meadow Student and practical A$600k to A$1.35m
US$423k to US$953k
A$7.0k to A$11.0k
US$4.9k to US$7.8k
A$650 to A$1,022
US$459 to US$721
Keiraville University and family A$615k to A$1.35m
US$434k to US$953k
A$7.5k to A$11.5k
US$5.3k to US$8.1k
A$697 to A$1,068
US$492 to US$754
Figtree Family and schools A$750k to A$1.40m
US$529k to US$988k
A$7.0k to A$10.5k
US$4.9k to US$7.4k
A$650 to A$975
US$459 to US$688
Mangerton Quiet and established A$540k to A$1.35m
US$381k to US$953k
A$6.5k to A$10.0k
US$4.6k to US$7.1k
A$604 to A$929
US$426 to US$655
Warrawong / Port Kembla Entry and southern coastal value A$470k to A$1.20m
US$332k to US$847k
A$5.5k to A$8.5k
US$3.9k to US$6.0k
A$511 to A$790
US$361 to US$557
Sources and methodology: we used realestate.com.au, Thirroul suburb data and Warrawong suburb data. We compared nearby suburbs so the table reflects the wider Wollongong market. We rounded ranges because neighborhood-level prices move quickly and exact figures can change property by property.

How much more do you pay for properties in Wollongong when you include renovation work, taxes, and fees?

In Wollongong in 2026, a local buyer should usually budget about 5% to 8% above the purchase price before renovation, and about 10% to 25% above the purchase price if renovation work is included.

If you buy around US$200,000, or about A$283,000, you are usually below the normal residential purchase market in Wollongong. If a rare small property exists at that level, costs could still add roughly A$15,000 to A$30,000, so the total could move toward A$300,000 to A$315,000.

If you buy around US$500,000, or about A$708,000, you are in the entry apartment range in Wollongong. Normal buying costs and a light refresh could add about A$45,000 to A$90,000, so the total could be around A$750,000 to A$800,000.

If you buy around US$1,000,000, or about A$1.42 million, you can target a good house, townhouse or large apartment in Wollongong. Transfer duty, fees and moderate renovation can add about A$140,000 to A$280,000, so the total can land around A$1.56 million to A$1.70 million.

By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Australia.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Wollongong

Extra cost Type Estimated cost range
Transfer duty / stamp duty Tax Usually about 3.5% to 5.0% of the purchase price for many normal purchases. On a A$950,000 property, this can be a large cash cost. The exact amount depends on the NSW duty scale.
Legal / conveyancing Fee About A$1,500 to A$3,500, or about US$1,100 to US$2,500. This covers contract review, settlement work and basic legal checks.
Building and pest inspection Due diligence About A$500 to A$1,200, or about US$350 to US$850. This is small compared with the purchase price, but it can reveal expensive repair risks.
Loan establishment / valuation Finance About A$500 to A$2,000, or about US$350 to US$1,400. Some lenders reduce these fees, but buyers should still allow a buffer.
Buyer’s agent, if used Optional fee Often about 1.5% to 2.5% of the purchase price. This is optional, but it can be meaningful in a competitive Wollongong market.
Light renovation Renovation About A$20,000 to A$60,000, or about US$14,000 to US$42,000. This may cover paint, flooring, small repairs and a simple refresh.
Moderate renovation Renovation About A$80,000 to A$200,000, or about US$56,000 to US$141,000. This can include kitchens, bathrooms, flooring and more serious upgrades.
Heavy renovation / extension Renovation About A$250,000 to A$600,000 or more, or about US$176,000 to US$423,000 or more. This applies when the home needs major structural work or extra space.
Foreign purchaser surcharge Tax for foreign buyers NSW applies a 9% surcharge purchaser duty for foreign persons buying residential property. On a A$1 million home, that surcharge alone is about A$90,000, or about US$63,500.
Sources and methodology: we used Revenue NSW, local buying-cost assumptions and typical renovation budgets. We separated normal buyer costs from foreign-buyer surcharge costs. We rounded the examples so buyers can quickly estimate their total cash need.
infographics comparison property prices Wollongong

We made this infographic to show you how property prices in Australia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Wollongong in 2026 with different budgets?

With US$100,000, or about A$142,000, there is not really a normal residential purchase market in Wollongong in 2026, but this amount could work as a deposit for a modest unit, a partial cash reserve for purchase costs, or a small part of a larger financed apartment purchase.

With US$200,000, or about A$283,000, a normal purchase is still very difficult in Wollongong in 2026, but it could be a deposit for a A$550,000 1-bedroom unit, deposit plus costs for a A$600,000 entry apartment, or possibly a rare compromised studio-style unit outside the core market.

With US$300,000, or about A$425,000, you might find an older studio or very small 1-bedroom unit of 30 to 45 sq m in Warrawong, a compact older unit of 40 to 50 sq m in Mangerton or Fairy Meadow fringe, or a small existing apartment near Wollongong that needs work.

With US$500,000, or about A$708,000, you can realistically target an existing 1-bedroom apartment of 45 to 60 sq m in Wollongong CBD or North Wollongong fringe, an older 2-bedroom unit of 65 to 80 sq m in Fairy Meadow or Corrimal, or a 2-bedroom unit of 65 to 85 sq m in Warrawong or Port Kembla.

With US$1,000,000, or about A$1.42 million, you can target an existing 3-bedroom house of 130 to 170 sq m in Wollongong, Corrimal or Keiraville, an existing 4-bedroom family house of 160 to 220 sq m in Figtree or Fairy Meadow, or a large 3-bedroom apartment or townhouse of 110 to 150 sq m in North Wollongong or Wollongong CBD.

With US$2,000,000, or about A$2.83 million, you can access most of the premium Wollongong market, including a renovated 4-bedroom coastal house of 180 to 260 sq m in Thirroul, a premium family house of 200 to 300 sq m near the beach in Austinmer or Bulli, or a newer luxury apartment of 150 to 220 sq m in Wollongong or North Wollongong.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Australia.

What sources have we used to write this blog article?

Whether it’s in our blog articles or the market analyses included in our property pack about Wollongong, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.

We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why we trust it How we used it
realestate.com.au Wollongong suburb profile It is one of Australia’s largest property portals and publishes suburb-level housing medians. We used it as the main current source for Wollongong house and unit medians. We also used it to compare property types inside the same suburb.
realestate.com.au Thirroul suburb profile It gives suburb-level pricing for one of Wollongong’s premium northern coastal markets. We used it to check the premium coastal range. We compared Thirroul with Austinmer and Bulli to avoid relying on one suburb only.
realestate.com.au Warrawong suburb profile It gives pricing for a lower-cost southern Wollongong suburb. We used it to anchor the entry and value-area estimates. We also used it to avoid making the Wollongong market look too expensive everywhere.
Wollongong City Council Housing Monitor It is a Wollongong-specific local-government housing monitor using PropTrack data. We used it to check the direction of local housing price growth. We treated it as a council-level cross-check rather than a single-property valuation tool.
AreaSearch Wollongong sales trends It aggregates recent recorded residential sales and reports recent median and average sale values. We used it to estimate the recent all-dwelling average sale price. We used it cautiously because recent samples can move with a few expensive sales.
Revenue NSW transfer duty calculator It is the official NSW government source for transfer duty rules. We used it to estimate stamp duty and buyer acquisition costs. We also used it to explain the difference between normal duty and foreign-buyer surcharge duty.
Revenue NSW current thresholds and rates It publishes current NSW duty thresholds and surcharge information. We used it to confirm the 9% foreign purchaser surcharge. We separated that cost from normal local-buyer costs because it changes the total budget a lot.
Australian Bureau of Statistics CPI, March 2026 ABS is Australia’s official statistics agency. We used it to compare nominal price growth with inflation. We used March 2026 CPI because it was the latest official CPI release available by early June 2026.
Reserve Bank of Australia exchange rates The RBA is Australia’s central bank and publishes official exchange-rate information. We used the RBA AUD/USD rate to convert Australian property prices into US dollars. We used RBA-sourced AUD/EUR history as the euro cross-check.
Domain March 2026 House Price Report Domain is a major Australian property data publisher with a regular house-price report. We used it as a broader market-cycle check for Australia and NSW. We did not use it as the main Wollongong suburb-level source.
View Illawarra vendor discounting article It discusses advertised prices and discounts in the Illawarra market. We used it to sense-check the likely gap between listing prices and final sale prices. We kept the estimate broad because discounts vary by property quality.
realestate.com.au Bulli suburb profile It provides suburb-level data for a key family coastal market north of Wollongong. We used it to compare Bulli with Thirroul and Woonona. We also used it to build the northern coastal price bands.
realestate.com.au Corrimal suburb profile It provides pricing for a practical middle-market Wollongong suburb. We used it to shape the middle price range for units, townhouses and houses. We also used it as a comparison point for Fairy Meadow and Figtree.
realestate.com.au Fairy Meadow suburb profile It helps measure a student-friendly and practical suburb close to central Wollongong. We used it to check apartment and older-unit values. We also used it to estimate what a realistic entry buyer can get near the city.
realestate.com.au Austinmer suburb profile It covers one of the most expensive coastal pockets in the Wollongong area. We used it to frame the top end of the normal luxury range. We also used it to explain why the beach villages lift the citywide average.

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