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Primbee suburb profile

Primbee is a serene suburb located on the picturesque shores of Lake Illawarra in New South Wales, offering a tranquil lifestyle with stunning water views. Known for its relaxed atmosphere and natural beauty, Primbee is a popular choice for families and retirees seeking a peaceful environment. The suburb provides easy access to recreational activities such as fishing, boating, and walking trails, making it ideal for outdoor enthusiasts. With its close proximity to Wollongong and convenient transport links, Primbee combines the charm of lakeside living with the convenience of urban amenities, making it a desirable place to call home.

Primbee property market performance

Primbee’s property market has experienced modest changes over the past year. House values have increased by 4.5%, although no sales have been recorded to establish a current median price. No units were sold in this period, and thus, unit value and market activity remain unchanged.

With only 5 houses sold over the past 12 months, sales activity in Primbee is relatively low. Houses have been on the market for a median of 41 days, signaling a moderate demand. The unit market remains inactive with no sales transactions recorded in the recent months.

Rental prices for houses have climbed by 9.8% over the past year, with the average rent now at $730, reflecting growing demand for rental properties in the area. The unit rental market remains stagnant with no data available.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-2.7%N/A
Sold
Past 3 months
1N/A
Median days on market
Past 12 months
37N/A
Average rent
Past 12 months
$730N/A
Change in rent
Past 12 months
9.8%N/A

5 year median price trend for houses and units

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Primbee demographics

Primbee, a serene suburb located in the Illawarra region of New South Wales, offers a tranquil lifestyle with its proximity to Lake Illawarra and the picturesque beaches of the South Coast. With a population of 1,623, Primbee is a close-knit community that appeals to families and retirees seeking a peaceful environment. The median age of 44 indicates a mature population, with many residents enjoying the suburb's relaxed pace and natural surroundings.

The suburb's housing landscape is characterized by a significant proportion of properties owned outright, accounting for 42.3% of the total, which reflects a stable and established community. Additionally, 26.1% of homes are owned with a mortgage, while 31.5% are rented, offering a balanced mix of ownership and rental opportunities. This diversity in housing options caters to a range of lifestyles, from young families to those looking to downsize.

Family dynamics in Primbee are varied, with couple families with children making up 40.2% of the population, while couple families without children account for 37.7%. One-parent families represent 20.9%, highlighting the suburb's family-friendly nature. The median total household income of $1,341 per week suggests a modest yet comfortable living standard, making Primbee an attractive option for those seeking affordability without sacrificing quality of life. The suburb's charm lies in its blend of natural beauty, community spirit, and accessibility to the amenities of nearby Wollongong.

Suburbs near Primbee

Some popular suburbs near Primbee include:

  • Warrawong: Known for its shopping centers and multicultural community, Warrawong is located directly north of Primbee.
  • Lake Heights: Offering scenic views and a peaceful residential atmosphere, Lake Heights lies to the northwest of Primbee.
  • Port Kembla: Famous for its industrial port and beautiful beaches, Port Kembla is situated to the northeast of Primbee.
  • Windang: Known for its coastal lifestyle and fishing spots, Windang is located to the south of Primbee.
  • Cringila: Featuring a strong community spirit and proximity to industrial areas, Cringila is situated to the north of Primbee.

How does Primbee compare to nearby suburbs?

  • Median house prices: Primbee’s median house price is 27.4% higher than Warrawong’s.
  • House price growth: Property prices in nearby Warrawong have risen 17.7% more than in Primbee over the past year.
  • Selling speed for houses: Properties in Primbee are selling 14.0% faster than in Windang.

Choose the right real estate agents in Primbee

There are 19 real estate agents in Primbee, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 48.1% of all sales in the past year.

Commission rates in Primbee typically range from 1.63% to 2.63%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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