25/11-15 Atchison Street, Wollongong NSW 2500
25/11-15 Atchison Street, Wollongong NSW 2500
East-facing 5th floor unit | dual bathroom layout with ensuite | strong rental yield comparables in building | walk to Wollongong Public School and city amenities
This property presents a clear configuration advantage for a buyer targeting inner-city convenience without sacrificing separation. The two-bedroom, two-bathroom layout, particularly the ensuite to the main bedroom, is uncommon in this price tier and gives it an edge over neighbouring stock where shared bathrooms are standard. The east-facing balcony with ocean and city views adds genuine amenity that supports both owner-occupier appeal and premium rental positioning. For a professional couple or small family prioritising walkability to shops, transport, and Wollongong Public School, this unit competes well against other options in the 53-property building where half are rental, indicating a stable but not over-supplied market.
The flood overlay is the primary risk here and should be investigated thoroughly before proceeding, as it may affect insurance costs and future resale. The building’s 50% rental ratio and short resident tenure of 38% under three years suggest some churn, which can work in a buyer’s favour if negotiating below the $765,000 list price. Comparable sales in the building show rental yields between 5.3% and 5.85%, making this a viable hold-and-lease proposition if owner-occupation is not immediate. Secure the property with a building and pest inspection that covers flood implications, then hold for medium-term capital growth driven by Wollongong’s tightening inner-city supply.
Detailed Independent Property Report prepared by PropCred Analyst team for 25/11-15 Atchison Street, Wollongong NSW 2500
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Wollongong presents a strategic coastal alternative to Sydney, with its market characterised by strong apartment activity and robust infrastructure investment. Demand is driven by population growth, migration from Sydney, and solid owner-occupier interest, underpinning a resilient rental market with tight vacancy. Recent price trends indicate a period of adjustment, favouring strategic, long-term investment over speculation. Future growth is supported by a diversified economy and continued development, though affordability variances across suburbs present a key consideration for buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
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