North Wollongong, NSW 2500
North Wollongong property market
Unit rentals dominate North Wollongong — houses make up a tiny share, with 153 leases (down 6.1%) at $605 a week (up 10%) as of July 2026, renting out in about 15 days (down from 18 days last year), more sought-after than most unit rental markets nationally, with more than half being 2-bedroom.
Unit sales are a much smaller second, with 41 sales at around $746k, taking about 22 days to sell (down from 25 days last year), with 2-bedroom the most common at around 60%. Then come 19 house rentals at $850 a week and 9 house sales at around $1.226M.
Who lives hereA middle-income, mostly-renter, student-heavy suburb — multicultural and apartment-dominated.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
North Wollongong demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in North Wollongong?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in North Wollongong
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in North Wollongong
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 1.9× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around North Wollongong
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around North Wollongong
1 school inside North Wollongong, plus the closest options around it. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within North Wollongong · 1Order by
- 1Para Meadows SchoolGovernment · Special · Co-ed · Years U · Within suburbState Rank—English—Maths—Students206Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
North Wollongong median house price & rent
Headline price, rent, yield and time on market for North Wollongong — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
North Wollongong property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in North Wollongong
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
North Wollongong against the neighbourhood
Eight diagnostic views cutting the data a different way each time — North Wollongong in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 0.3 | ▼ -1.0 | 1 | 27 | 2.3 | |
| Tight | 0.4 | ▼ -1.0 | 1 | 27 | 2.3 | |
| National typical | 0.7 | ▼ -0.3 | 2 | 27 | 2.3 | |
| National typical | 0.8 | ▲ +0.8 | 2 | 27 | 2.3 | |
| Oversupply | 2.0 | ▲ +1.0 | 5 | 27 | 2.3 | |
| Oversupply | 2.2 | ▼ -0.8 | 5 | 27 | 2.3 | |
| Oversupply | 2.6 | ▲ +1.4 | 6 | 27 | 2.3 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
North Wollongong — Units & Houses, all bedrooms
North Wollongong median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in North Wollongong fell from $956k (Jul 2021) to $717k (Jun 2026) — a 25.0% decline over five years — peaking at $2.90M between Jan 2021 and Dec 2021. Median house rent went from $455/wk to $693/wk (+52.3%) over the same period. For units, the median sale price rose from $340k to $477k (+40.2%), with rent up from $240/wk to $405/wk (+68.8%) over the same period.
Suburbs near North Wollongong: prices compared
The nearest suburbs to North Wollongong, ranked by distance — each lined up against North Wollongong on the same measures, so the differences jump out at a glance.
Suburbs like North Wollongong
Suburbs anywhere in NSW that behave like North Wollongong — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
North Wollongong vs Albion Park Rail: the closest sales-market match trades at a median of $388k against North Wollongong's $868k — about 55% lower, with homes selling in 18 days versus 25 days here.
Comparable sales markets to North Wollongong: Albion Park Rail property prices, Telopea property growth, Dundas property market, Penshurst property market and Hornsby house prices.
North Wollongong's closest rental-market twins: Penshurst property market, Hornsby average house price, Albion Park Rail market trends, Telopea property growth and Dundas property market. Each link opens that suburb's full market report.
Frequently asked · North Wollongong
25 data-driven answers about North Wollongong's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in North Wollongong?
#The median house price in North Wollongong, NSW 2500 is $868k as of June 2026, based on 9 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in North Wollongong?
#The median unit price in North Wollongong, NSW 2500 is $868k as of June 2026, based on 9 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in North Wollongong?
#The median weekly house rent in North Wollongong is $497 as of June 2026, drawn from 33 leases over the past 12 months. Units rent for around $497 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in North Wollongong?
#A 3 bedroom house in North Wollongong rents for a median $497 per week as of June 2026, drawn from 33 leases over the past 12 months. Across other house sizes: 2-bedroom $497/week, 4-bedroom $497/week. Unit rents: 1-bedroom $497/week, 2-bedroom $497/week, 3-bedroom $497/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in North Wollongong?
#Gross rental yield in North Wollongong is 2.92% for houses and 2.92% for units as of June 2026, compared with the NSW unit median of 3.63%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in North Wollongong?
#As of June 2026, North Wollongong medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $868k | $868k | $868k | $868k |
| Units | $868k | $868k | $868k | — | $868k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the North Wollongong median?
#At the median North Wollongong unit ($868k purchase, $497/week rent), weekly mortgage repayments sit at roughly $579 — about $82 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are North Wollongong's property market trends?
#North Wollongong's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes sell in a median 25 days; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the North Wollongong market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about North Wollongong as an investment?
#As of June 2026 in North Wollongong, house prices rose +50.0% over the year, gross rental yield is 2.92% against a NSW median of 2.65%, houses take a median 25 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in North Wollongong?
#Houses in North Wollongong sell in a median 25 days on market as of June 2026, with units clearing slightly similarly at 25 days. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is North Wollongong a tight or loose property market right now?
#North Wollongong's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in North Wollongong gone up or down?
#House prices in North Wollongong moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in North Wollongong?
#North Wollongong's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 27 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
How it compares
Vs state, vs nearby, vs popularHow does North Wollongong compare to other NSW suburbs?
#North Wollongong's median house price ($868k) is 29% above the NSW median ($673k) as of June 2026. On selling speed, houses clear in 25 days vs 21 days state median. On gross yield, North Wollongong sits at 2.92% vs 2.65% state median.
How does North Wollongong compare to neighbouring suburbs?
#North Wollongong's most-similar nearby market is Gerringong (29.0 km away) with a median house price of $1.05M — about 21% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in North Wollongong?
#The most-transacted segment in North Wollongong over the 12 months to June 2026 is 2 bed houses with 7 sales. 3 bed houses come second at 7 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in North Wollongong last year?
#North Wollongong recorded 7 house sales and 7 unit sales over the 12 months to June 2026 — a combined 14 transactions. On the rental side, 27 houses and 27 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is North Wollongong in?
#North Wollongong is in postcode 2500, in the Illawarra region of NSW. Addresses there are written as North Wollongong, NSW 2500.
What is the population of North Wollongong?
#North Wollongong, NSW 2500 is home to 1,967 residents (ABS Census 2021). The median resident age is 19, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in North Wollongong?
#The median household in North Wollongong earns $1k per week — roughly $54k a year (ABS Census 2021). Median personal income runs $541/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in North Wollongong?
#The unemployment rate in North Wollongong is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in North Wollongong?
#North Wollongong is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near North Wollongong?
#North Wollongong has 98 schools within reach, 1 of them inside the suburb itself — including Para Meadows School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is North Wollongong a good place to live?
#North Wollongong, NSW 2500 has a population of 1,967, a median age of 19, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 98 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this North Wollongong market data last updated?
#This North Wollongong market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.