4/33 Auburn Street, Wollongong NSW 2500
4/33 Auburn Street, Wollongong NSW 2500
north-east aspect with city and ocean views | boutique block of four | second-level with generous 91sqm floorplan | fully furnished with strong rental yield
The propertyโs position in a boutique complex of four units limits supply competition while providing a level of privacy and low body corporate complexity rarely found in central Wollongong. The north-east orientation delivers natural light across an oversized living area, and the dual balcony and deck arrangement effectively extends the usable spaceโparticularly valuable for buyers seeking a work-from-home setup in a compact floorplan. This unit best suits an investor prioritising a 4โ4.3% yield with a fully furnished turnkey offering, or a first-home buyer wanting immediate amenity without renovation.
No bushfire, flood, or heritage overlays are detected, removing the most common deal-breakers for both lenders and insurers. The 28-day marketing period suggests pricing is not yet discounted, but the 2016 purchase price of $480,000 leaves a vendor with significant equity headroomโmeaning genuine negotiation is possible. The absence of lift access and a single bathroom may narrow appeal to couples or singles rather than families, but those constraints are offset by the central location and strong rental demand from professionals and students.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4/33 Auburn 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.