24/19-21 Gipps Street Wollongong NSW 2500

Penthouse unit |451sqm internal |Altair landmark |$2.5-3M auction band | Sold 2024. This four-bedroom unit with 451sqm floor area in the Altair building suits affluent downsizers or executives drawn to expansive coastal living. Spanning two levels with an 84sqm rooftop terrace, it delivers generous space for entertaining amid ocean and escarpment views, setting it apart from standard units in the complex. Its position as the top penthouse in this prestigious development enhances exclusivity on a street lined with quality apartments. Buyers typically include high-income professionals who value the seamless indoor-outdoor flow and privacy of upper-level living over houses. Similar large-format units in Wollongong’s harbourside precinct have shown steady capital growth, buoyed by limited supply of trophy properties. The substantial floor area and dual-level design provide flexible use for multi-generational households or home offices. Long-term holding appeal stems from the building’s blue-ribbon status and irreplaceable vistas, which resist market softening. While auction guidance reflects recent sales momentum, its scale positions it firmly at the premium end of unit pricing locally. Recent transaction history underscores demand for such standout residences in this pocket.