2/26 Victoria Street, Wollongong NSW 2500

Ground-floor courtyard apartment | Wollongong CBD walk score | Secure parking on title | Low-maintenance strata living This unit offers a rare configuration advantage in a CBD market where ground-floor apartments with private outdoor space are undersupplied. The enclosed courtyard functions as an extension of the living area, which is uncommon for a two-bedroom apartment in this price band. The secure parking on title and lift access improve its appeal to downsizers and professional couples who prioritise convenience over space. For an investor, the rental yield sits near the upper end of the Wollongong apartment market, supported by consistent demand from city workers and students. The property serves best as a lock-and-leave home or a core holding in a diversified portfolio. The flood overlay is the primary risk. It may affect insurance premiums and future resale buyer pools, though no history of inundation was noted. Strata levies are moderate for a 15-unit complex, but the quarterly figure should be stress-tested against potential special levies for an older block. The 118-square-metre internal land area is generous for the category and supports long-term value retention. Buyers should verify the exact strata by-laws regarding courtyard modifications. Hold this property for steady rental income or as a low-fuss owner-occupied base in a tightening Wollongong market.