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Woonona suburb profile

Woonona is a picturesque coastal suburb located in the northern suburbs of Wollongong, New South Wales. Known for its stunning beaches and relaxed lifestyle, Woonona offers a perfect blend of natural beauty and suburban convenience. The area is popular with families and retirees, thanks to its friendly community, excellent schools, and recreational facilities. Woonona's charming village atmosphere is complemented by a range of local shops, cafes, and restaurants. With easy access to public transport and proximity to Wollongong's city centre, Woonona provides a serene yet connected living environment, making it a desirable location for residents seeking a coastal lifestyle.

Woonona property market performance

Current median dwelling price$1,168,300Past 3 months

Property growth+9.4%Past 12 months

Woonona’s property market has shown notable growth, with house values rising by 10.8% over the past 12 months, resulting in a current median house price of $1.47 million. Although the unit market has been more stable, recording a modest 0.6% increase, no median unit price is available, suggesting limited data or sales activity in this segment.

Over the past three months, 38 houses and 9 units were sold, with houses selling slightly faster at a median of 27 days on the market compared to units at 25 days. This indicates a brisk housing market with strong buyer interest.

In the rental sector, house rents have increased by 3.8% to an average of $820, while unit rents have surged by 9.6% to $570, reflecting robust demand, particularly in the unit rental market.

HousesUnits
Median price
Past 3 months
$1.63MN/A
Change in value
Past 12 months
12.8%6.0%
Sold
Past 3 months
426
Median days on market
Past 12 months
2725
Average rent
Past 12 months
$850$570
Change in rent
Past 12 months
6.3%8.6%

5 year median price trend for houses and units

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Woonona demographics

Woonona, a charming suburb located in the northern part of Wollongong, offers a blend of coastal living and suburban tranquility. Known for its beautiful beaches and family-friendly environment, Woonona attracts a diverse range of residents, from young families to retirees. The median age of 43 suggests a mature community, with many residents enjoying the suburb's relaxed pace and scenic surroundings.

The suburb's housing market reflects a strong sense of stability, with a significant portion of properties owned outright (38.1%) or with a mortgage (36.6%). This indicates a community with long-term residents who value home ownership. The rental market, comprising 25.3% of properties, provides options for those seeking flexibility, including young professionals and families looking to enjoy the coastal lifestyle without the commitment of buying.

Family life is a central aspect of Woonona, with couple families with children making up 46.6% of the population. This is complemented by a substantial number of couple families without children (36.3%) and one-parent families (16.2%), highlighting the suburb's appeal to a wide range of family structures. The community's strong family orientation is supported by local amenities, schools, and recreational facilities, making Woonona an attractive place for those seeking a balanced and fulfilling lifestyle.

Suburbs near Woonona

Some popular suburbs near Woonona include:

  • Bulli: Known for its beautiful beaches and historic charm, Bulli is located directly north of Woonona.
  • Russell Vale: A quiet suburb with a strong community feel, Russell Vale is situated just southwest of Woonona.
  • Bellambi: Featuring a mix of residential and industrial areas, Bellambi lies to the south of Woonona.
  • Thirroul: Known for its vibrant arts scene and coastal lifestyle, Thirroul is located to the north of Woonona.
  • Corrimal: Offering a variety of shopping and recreational facilities, Corrimal is situated to the south of Woonona.

How does Woonona compare to nearby suburbs?

  • Median house prices: Woonona’s median house price is 1.0% higher than Bulli’s.
  • Median unit prices: Woonona’s median unit price is 40.5% lower than Thirroul’s.
  • House price growth: Over the past 12 months, house prices in Woonona have grown 4.3% higher than in Bulli.
  • Unit price growth: Over the past 12 months, unit prices in Woonona have grown 0.1% higher than in Bellambi.
  • Selling speed for houses: Properties in Woonona are selling 27.0% faster than in Bulli.
  • Selling speed for units: Properties in Woonona are selling 32.4% faster than in Thirroul.

Choose the right real estate agents in Woonona

Choosing the right real estate agent in Woonona can have a big impact on your sale. While there are 58 real estate agents working in the suburb, but just 5 of them were responsible for 45.8% 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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