Wollongong shows mixed investment signals that warrant careful consideration. The 3% vacancy rate in Wollongong suggests some softness in rental demand, which warrants careful consideration.
Price growth of 4.2% over the past 12 months is below the national average, suggesting limited capital growth momentum. Rental yields of 3.2% are below the national average, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model scores Wollongong at 24/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.
Wollongong shows stronger capital growth indicators than cashflow metrics. The 4.2% price growth and 3% vacancy rate suggest Wollongong is better suited to investors with a longer hold horizon seeking capital appreciation.
Based on PropTime's analysis of 15 demand and supply indicators, Wollongong scores 24/100 — a Avoid signal. Key indicators include a 3% vacancy rate, 3.2% rental yield, and 4.2% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Wollongong data.
The current vacancy rate in Wollongong is 3%. This vacancy rate suggests rental properties may take longer to lease and investors should factor this into their cashflow calculations.
The gross rental yield in Wollongong is 3.2%. The Australian national average is approximately 4.5%, so Wollongong is below the national average, which means careful attention to purchase price and loan structure is needed to achieve positive cashflow. Use PropTime's free cashflow calculator to model the full weekly cashflow for Wollongong.
PropTime's composite model scores Wollongong at 24/100 as of May 2026. Price growth of 4.2% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Wollongong.
Wollongong scores 24/100 on PropTime. Similar suburbs by score include Bondi, Leichhardt, Surry Hills, all within the same NSW market.