2/184-186 Corrimal Street, Wollongong NSW 2500

2/184-186 Corrimal Street, Wollongong NSW 2500
– Property type: apartment/unit at 2/184–186 Corrimal Street, Wollongong NSW 2500. The property was listed for sale as an apartment/unit in Wollongong. 2 bed 2 bath 2 car | central Wollongong | ocean views possible | owner-occupier pull | double parking rarity This apartment is positioned in a central Wollongong complex where double parking is offered, a rare benefit in the local unit market. The potential for ocean and golf course views from higher levels adds to its appeal, particularly for owner-occupiers or downsizers seeking a lifestyle-oriented property. Its configuration of two bedrooms and two bathrooms is well-suited for small households or professional couples, with the building’s design clearly targeting those who value both convenience and comfort. The repeated presence of these features in comparable units within the complex reinforces this property’s competitive strength in the Wollongong market. The floor level of this apartment may not be confirmed, which could affect its view potential and, consequently, its relative value within the building. The construction era might also play a role in maintenance expectations, though no detailed finishes are available. Given the price range indicated by recent in-building transactions, any variation in interior condition or aspect might shift its positioning. Buyers are advised to weigh these factors when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/184-186 Corrimal Street, Wollongong NSW 2500
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk 2
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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

2

Land

204m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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