Wollongong · 2528
Lake Illawarra, NSW
population +6.5% (5y), incomes +13.0% (5y).
NextSuburb scoreTier D
26Below trend
Median house
$1.71M
5y growth
5.0%/yr
Gross yield
1.0%
Vacancy
2.6%
Thin market · ~3k residentsMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.0%/yr50/100
- Population growth+6.5% (5y)65/100
- Supply tightening+6.0% YoY20/100
- Rental yield1.0%20/100
- Rental demand2.6% vacancy35/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordabilityabove cap0/100
Why this score
Lake Illawarra scores 26/100 (Below trend). The two strongest signals: 6.5% population growth over five years and 13.0% income growth. The standout watch-out: population of 3,288 makes the market illiquid.
Drivers
- Population growth+6.5% (5y)
Risks
- Only 3,288 residents — illiquid, slow to sell
- At top of budget (114% of cap)
Nearest infrastructure
Sydney Metro — Western Sydney Airport74.4 km away
Construction · $11.0bn · completion 2026
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three NSW suburbs in the same budget band with the closest NextSuburb scores.
See the full NSW ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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