Bulli NSW 2516: Property Market Report & Real Estate Insights

Part of Wollongong, NSW

Bulli Real Estate Market Outlook

Thinking about buying in Bulli? Now could not be a better time, with 3075 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,594,000 with prices in this suburb ranging from $58,000 to $138,521,000. Bulli is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Bulli

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Bulli are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Bulli classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Bulli necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Bulli, a charming suburb in Wollongong, New South Wales, presents a unique blend of relaxed coastal living and modern conveniences, attracting a diverse range of residents including families, professionals, and retirees. The housing market in Bulli has experienced substantial demand, driven by its picturesque location along the Illawarra coastline, its proximity to Sydney (approximately a 90-minute drive), and robust local amenities. Over the past few years, Bulli has seen significant growth in property values, reflecting the broader trends observed in the New South Wales real estate market. Traditional single-family homes characterize much of Bulli’s housing stock, but there's been a noticeable increase in contemporary townhouses and apartments, catering to the evolving needs of downsizers and young professionals seeking low-maintenance, high-quality living spaces. As a result, purchasing property in Bulli can be competitive, fueled by both local buyers and those from Sydney drawn by the suburb's idyllic lifestyle.

Living in Bulli offers a harmonious blend of natural beauty and community spirit, making it an attractive locale for those seeking a quieter lifestyle without sacrificing accessibility to urban centers. The suburb is nestled between the escarpment and the ocean, offering stunning landscapes, bushwalking trails, and pristine beaches like Sandon Point Beach, which are popular with surfers and families alike. Bulli’s local community is vibrant, characterized by a mix of historical charm and modern development, with a range of local cafes, boutique shops, and community events injecting life into this coastal town. In addition to its natural allure, Bulli boasts well-regarded local schools, a reliable transport network including the South Coast Line connecting residents to Sydney and Wollongong, and essential services that enhance the overall quality of life. The sense of community, combined with Bulli’s natural scenery and convenient amenities, creates a welcoming and engaging environment for residents, making life in Bulli both tranquil and fulfilling.

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