All About Scarborough, Wollongong, NSW, 2515

Scarborough, Wollongong in New South Wales, is a picturesque coastal suburb known for its stunning ocean views and tranquil lifestyle. The housing market in Scarborough offers a mix of properties, with a charming blend of older, character-filled homes and modern developments. In recent years, median property prices have seen a steady increase, reflecting the suburb's growing popularity. Buyers are often drawn to Scarborough due to its scenic beauty, close-knit community feel, and proximity to natural attractions such as the Illawarra Escarpment and pristine beaches. The demand for housing here is also supported by its proximity to Wollongong's amenities, making it an alluring choice for those looking to enjoy a quieter life without sacrificing accessibility to urban comforts.

Living in Scarborough offers a desirable mix of serenity and convenience. Residents enjoy a relaxed coastal lifestyle, with community activities and recreational options such as surfing, hiking, and beach picnics being part of everyday life. The area is served by the Scarborough railway station, providing straightforward commutes to Wollongong and Sydney, which is ideal for professionals and families alike. The local schools, cafes, and community groups contribute to a warm and welcoming atmosphere, fostering a strong sense of community. With its coastal charm, natural beauty, and modern conveniences, Scarborough offers a unique living experience that appeals to both families and retirees seeking the perfect blend of peaceful living and accessibility.

Scarborough Real Estate Market Outlook

Thinking about buying in Scarborough? Now could not be a better time, with just 149 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,060,000 with prices in this suburb ranging from $328,000 to $18,246,000. Scarborough 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

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Scarborough due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Scarborough 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. High density population in Scarborough requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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