Gary and Angela Becroft were drawn to the laid-back coastal charm of Wollongong, recently settling into a two-bedroom apartment in the PARQ on Flinders complex.  For them, it wasn’t just about beachside living – it was about making a smart property move. “Wollongong’s relaxed coastal environment, temperate climate, and close proximity to the city felt like the perfect balance,” Angela said.  After tracking the market for years, the couple saw the area’s strong potential for capital growth, ultimately selling their Fairy Meadow investment to purchase a new home in the heart of the city.

Their timing couldn’t be better.

According to Hotspotting’s Winter 2025 Price Predictor Index, Wollongong’s unit market has been labelled “supercharged”, with rising sales volumes hinting at sharp future price increases.

With a current median unit price of $775,000 and consistently high quarterly sales, Wollongong is outperforming many capital city markets. “The dramatic uplift, quarter by quarter, in the number of sales,” says Hotspotting director Terry Ryder, points to a very real wave of momentum. This growth, coupled with strong rental returns and low vacancy rates, is drawing in both homeowners and investors alike.

The city’s apartment appeal isn’t just in the numbers. Kristy Sequeira from Colliers says buyers are increasingly attracted to the convenience, security, and community lifestyle apartments offer. Plus, with major developments in the pipeline – including 840 new apartments projected for completion in 2026 – supply is set to expand rapidly. Affordable housing initiatives are also adding nearly 800 more units to the local government area by 2029.

For those seeking a coastal lifestyle with serious growth prospects, Wollongong’s apartment market is shaping up as one of Australia’s standout opportunities.