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Wombarra Property Market Report – Summer 2025

Market Overview

Introduction to Wombarra

Wombarra, a serene seaside village nestled within the northern Illawarra region of New South Wales, is celebrated for its pristine beaches, lush escarpment views, and close-knit community. Located just a short drive from Wollongong and within commuting distance of Sydney, Wombarra offers an idyllic blend of coastal tranquillity and accessibility. The suburb attracts families, retirees, and professionals seeking a peaceful lifestyle with a strong connection to nature.


Summer Market Trends

The summer months have seen sustained interest in Wombarra’s property market, with demand driven by lifestyle buyers seeking oceanfront or escarpment-view properties. Median property prices have demonstrated resilience and steady growth, reflecting the suburb’s enduring appeal. Summer holidays fueled increased inquiries from Sydney-based buyers seeking second homes or relocation opportunities.



Sales Data

Total Properties Sold

  • Number of properties sold: 12


Sales by Property Type

  • Houses: 9

  • Apartments: 2

  • Townhouses: 1


Median Sale Prices

  • Houses: $2,300,000

  • Apartments: $940,000

  • Townhouses: $1,350,000


Notable Sales

  • A luxury beachfront residence on Lawrence Hargrave Drive sold for $5,200,000, setting a new benchmark for premium properties in Wombarra.

  • A contemporary 4-bedroom home on Morrison Avenue fetched $2,800,000, showcasing strong demand for modern, well-appointed homes.


Sales Volume by Property Type (Summer 2025)

Property Type

Number of Sales

Houses

9

Units

2

Townhouses

1

Rental Market Insights

Median Weekly Rent

  • Houses: $1,050

  • Units: $600

Vacancy Rates

  • Remained low at 1.2%, underscoring strong rental demand in the area.


Rental Demand and Tenant Profiles

Wombarra’s rental market saw heightened interest from young families and professionals relocating from metropolitan areas. The suburb’s peaceful environment, coupled with its proximity to schools, parks, and beaches, makes it highly attractive to renters.

Rental Yield Comparisons

Property Type

Median Sale Price

Median Weekly Rent

Annual Rental Yield

Houses

$2,300,000

$1,050

2.37%

Units

$940,000

$600

3.32%

Buyer Trends

Key Demographics

  • Families seeking a safe, community-oriented environment with excellent local amenities.

  • Professionals commuting to Wollongong or Sydney.

  • Lifestyle buyers interested in oceanfront or scenic properties.


Buyer Preferences

  • There is strong demand for properties with ocean views, proximity to the beach, or easy access to transport.

  • Energy-efficient homes with sustainable features and spacious outdoor areas.

  • Renovated or move-in-ready homes commanding premium prices.


Median Property Price Trends (Last 6 Months)

Month

Median House Price

Median Unit Price

August 2024

$2,320,000

$960,000

September 2024

$2,310,000

$950,000

October 2024

$2,305,000

$945,000

November 2024

$2,300,000

$940,000

December 2024

$2,300,000

$940,000

January 2025

$2,300,000

$940,000

Market Influencers

Economic and Seasonal Factors

  • Rising interest rates have slightly tempered investor activity but have had minimal impact on lifestyle buyers.

  • The summer season boosted inquiries, with many buyers looking to finalize purchases before the end of the holiday period.


Local Developments

  • Continued upgrades to the Princes Highway and nearby transport infrastructure have improved connectivity.

  • New cafes and boutique stores in neighbouring suburbs have enhanced the lifestyle appeal of Wombarra.


Outlook for the Coming Months

Market Predictions

  • Sustained demand for Wombarra properties, particularly in the $2M to $3M range.

  • Increased interest in eco-friendly homes and properties with development potential.


Opportunities

  • Buyers: A quieter autumn market may offer opportunities to secure properties at competitive prices.

  • Investors: Low vacancy rates and strong rental demand ensure steady income streams.

  • Renters: New rental listings are expected, providing more options for those seeking to move into the area.


Sources

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