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Thirroul suburb profile

Thirroul is a picturesque coastal suburb located in the northern Illawarra region of New South Wales, approximately 69km south of Sydney. Known for its stunning beaches, vibrant arts scene, and relaxed lifestyle, Thirroul attracts families, artists, and surfers alike. The suburb boasts a charming village atmosphere with boutique shops, cafes, and a thriving local community. Thirroul’s scenic beauty is complemented by its proximity to the Royal National Park and the Illawarra Escarpment, offering ample opportunities for outdoor activities. With its blend of natural allure and cultural vibrancy, Thirroul remains a sought-after destination for both residents and visitors.

Thirroul property market performance

Current median dwelling price$1,521,250Past 3 months

Property growth+8.8%Past 12 months

Thirroul’s property market has demonstrated varied performance over the past year. House values have risen by 4.1% with a current median price set at $1.9 million. Meanwhile, unit values have seen a notable increase of 10%, though the median unit price is unavailable. Over the past 12 months, 21 houses and 7 units have been sold, indicating a stronger turnover in the housing sector.

Properties in Thirroul have distinct selling patterns, with houses sitting on the market for a median of 60 days, whereas units have a shorter median time of 41 days, suggesting faster movement in the unit market.

Rental markets have seen significant shifts, especially for houses where rent has surged by 21.1% to an average of $1,150 per month. Unit rentals also increased by 8.7%, now averaging $685, indicating robust demand across the board.

HousesUnits
Median price
Past 3 months
$1.85MN/A
Change in value
Past 12 months
6.8%10.7%
Sold
Past 3 months
244
Median days on market
Past 12 months
5937
Average rent
Past 12 months
$1150$690
Change in rent
Past 12 months
18.6%10.4%

5 year median price trend for houses and units

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Thirroul demographics

Thirroul, a picturesque coastal suburb located in the northern part of Wollongong, is renowned for its stunning beaches, vibrant arts scene, and relaxed lifestyle. With a population of 6,348, Thirroul offers a charming blend of natural beauty and community spirit, making it a desirable location for families and retirees. The median age of 43 reflects a mature community, with many residents enjoying the suburb's tranquil environment and proximity to both the ocean and the escarpment.

The suburb's housing market is characterized by a high rate of home ownership, with 41.9% of properties owned outright and 37.7% owned with a mortgage. This stability is complemented by a smaller rental market, with only 20.4% of properties being rented, appealing to those seeking long-term residence. The family-oriented nature of Thirroul is evident, with 49.2% of households being couple families with children, and 39.8% being couple families without children, highlighting its appeal to both growing families and those enjoying a quieter lifestyle.

Thirroul's community is enriched by its local amenities, including boutique shops, cafes, and cultural events, which contribute to its vibrant atmosphere. The suburb's strong sense of community, combined with its scenic coastal setting and convenient access to Wollongong and Sydney, makes Thirroul a sought-after destination for those looking to enjoy a balanced and fulfilling lifestyle.

Suburbs near Thirroul

Some popular suburbs near Thirroul include:

  • Bulli: Known for its beautiful beaches and historic charm, Bulli is located directly south of Thirroul.
  • Austinmer: Famous for its scenic coastline and relaxed atmosphere, Austinmer is situated just north of Thirroul.
  • Woonona: Offering a mix of residential and commercial areas with a strong community feel, Woonona lies to the south of Thirroul.
  • Coledale: Known for its picturesque beaches and laid-back lifestyle, Coledale is located to the north of Thirroul.
  • Russell Vale: Featuring a blend of suburban living and natural beauty, Russell Vale is situated to the southwest of Thirroul.

How does Thirroul compare to nearby suburbs?

  • Median house prices: Thirroul’s median house price is 14.8% higher than Bulli’s.
  • Median unit prices: Thirroul’s median unit price is 67.9% higher than Woonona’s.
  • House price growth: Over the past 12 months, house prices in Thirroul have grown 19.8% higher than in Coledale.
  • Unit price growth: Over the past 12 months, unit prices in Thirroul have grown 4.7% higher than in Woonona.
  • Selling speed for houses: Properties in Thirroul are selling 7.8% faster than in Coledale.
  • Selling speed for units: Properties in nearby Woonona are selling 32.4% faster than in Thirroul.

Choose the right real estate agents in Thirroul

Choosing the right real estate agent in Thirroul can have a big impact on your sale. While there are 40 real estate agents working in the suburb, but just 5 of them were responsible for 41.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.63% to 2.63%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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