Buying Property Community Illawarra Investment

The Most Underrated Illawarra Suburbs with Investment Potential

The Illawarra region is renowned for its stunning coastline, laid-back lifestyle, and proximity to Sydney. While popular suburbs like Wollongong and Kiama grab the headlines, several underrated Illawarra suburbs are quietly gaining momentum, offering savvy buyers and investors a chance to get ahead of the curve. Let’s delve into these Underrated Illawarra Suburbs and hidden gems and uncover their untapped potential.

Tarrawanna: A Leafy Haven with Community Spirit

Nestled in the foothills of the escarpment, Tarrawanna exudes a tranquil ambiance with a strong sense of community. Boasting tree-lined streets, charming heritage homes, and a close-knit atmosphere, this underrated suburb is attracting families and nature lovers seeking a peaceful retreat. With convenient access to schools, shops, and transport links, Tarrawanna offers a balanced lifestyle without sacrificing urban convenience.

Investment Potential: Tarrawanna offers a family orientated location with strong rental yields and capital growth.

Reasons to love Tarrawanna

Photo credit: Lachlan Starling

Read more about Tarrawanna here to find out about demographics and market trends for the area.

Mount St Thomas: Elevated Family Living in Convenient Location

Perched atop the escarpment, Mount St Thomas boasts breathtaking views of the Illawarra coastline and surrounding bushland. This sought-after suburb is known for its prestigious homes, leafy streets, and serene atmosphere. With a range of parks, walking trails, and scenic lookouts, Mount St Thomas offers residents a tranquil escape from the hustle and bustle of city life.

Investment Potential: While property prices reflect its desirability, the suburb’s strong capital growth, location and community make it an attractive option for long-term investors who plan to reside in the suburb. There are also more affordable opportunities that do arise for the young investor or growing family around the $900,000 mark for a basic 3 bedder home.

Reasons to love Mount Saint Thomas

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Photo Credit: Brown Sugar Espresso

Read more about Mount St Thomas here to find out about demographics and market trends for the area.

Primbee: A Waterfront Oasis with a Relaxed Vibe

Situated on the shores of Lake Illawarra, Primbee exudes a laid-back coastal charm. This underrated suburb offers a range of waterfront properties, from charming cottages to modern apartments, all within easy reach of the lake’s recreational activities. Primbee’s peaceful atmosphere, picturesque scenery, and friendly community make it an attractive option for retirees, families, and those seeking a relaxed lifestyle. With its unique blend of natural beauty and urban convenience,Primbee is poised for continued growth in the years to come.

Investment Potential: This waterfront suburb has seen some very strong growth in the last 2 years. With a fresh set of buyers entering the market, snapping up old government homes and completing some exciting renovation projects, the area is receiving some newfound love. There are some incredible opportunities in this lakeside locale that marry affordability with modern living and some gorgeous turn-key homes.

Reasons to love Primbee

  • Waterfront Vibes
  • Close proximity to shops and ammenities
  • Slow pace of life
  • Local parks and outdoor activities for the family

Read more about Primbee to find out about demographics and market trends for the area.

While the Illawarra’s popular coastal towns continue to attract attention, savvy buyers and investors are turning their gaze towards these underrated suburbs. With their unique charm, affordability, and growth potential, these hidden gems offer a chance to secure a slice of paradise. As the region continues to evolve, these underrated Illawarra suburbs are some of our favourite picks for investors, first home buyers and young families alike. If you’d like to see some of our latest listings, click the link here.

Jordy Woolley
dynamic | innovate | style Jordy’s journey at Molenaar and McNeice epitomises the spirit of innovation. She first joined us as an experienced property manager where she hit the ground running with her fierce drive to redefine what property management can look like. Less than 12 month...View Profile ›
Molenaar x McNeice
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