2/16-20 Keira Street, Wollongong NSW 2500
2/16-20 Keira Street, Wollongong NSW 2500
208 sqm apartment | north-facing courtyard | two car spaces | recent building sale at $1,350,000 | rare configuration in Wollongong
This unit is set apart from most inner Wollongong apartments by its genuinely large footprint, a private courtyard, and dedicated parking for two vehicles. Its size and orientation are considered more house-like in feel while retaining the convenience of central living. Buyers seeking low-maintenance space are best served here โ downsizers, professional couples, or small families who might otherwise consider a terrace. A recent high-value transaction has been recorded in the same building, suggesting the complex holds appeal beyond entry-level stock. The north-facing courtyard is rarely found in apartment product of this era and increases usable outdoor time and privacy.
The 2011 purchase price can be seen as a historical baseline, but the more recent sale in the same building may be used to shift expectations for this unit significantly. That transaction signals what buyers have been willing to pay for a larger apartment in this complex, though finishes, layout, and floor level could cause variation. Some discount may be warranted until the build year and amenity list are confirmed. Equally, a premium may be supported by the rarity of the configuration if the property is well-presented. These factors should be weighed by a buyer when forming a value view.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/16-20 Keira Street, Wollongong NSW 2500
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.