Tarrawanna NSW 2518: Property Market Report & Real Estate Insights
Part of Wollongong, NSW
Property Market
| Median Weekly Rent | $320.60 |
| Median Monthly Mortgage | $2119.20 |
| Median Persons Per Bedroom | 0.78 |
| Average Household Size | 2.60 |
| Average Age | 51.60 |
| Average Income | $688.00 |
| Average Cars Per Dwelling | 1.55 |
| Average Properties Within 50M | 15 |
Typical House Prices
| 1 bed property | $1,194,000 |
| 2 bed property | $1,051,000 |
| 3 bed property | $1,173,000 |
| 4 bed property | $1,505,000 |
| 5 bed property | $1,774,000 |
| 6 bed+ property | $2,396,000 |
Typical Homes & Property Types
Average Internet Speeds in Tarrawanna
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Tarrawanna Real Estate Market Outlook
Thinking about buying in Tarrawanna? Now could not be a better time, with 1142 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,226,000 with prices in this suburb ranging from $375,000 to $4,895,000. Tarrawanna is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Living in Tarrawanna
In Tarrawanna there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Tarrawanna is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Tarrawanna provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Tarrawanna necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Tarrawanna we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Tarrawanna a better buying opportunity than it may have been in the past.
Instant Property ValuationTarrawanna, a suburb of Wollongong in New South Wales, has been garnering attention in the housing market due to its charming community atmosphere and convenient location. The suburb offers a blend of older-style homes and modern developments, making it appealing to a diverse range of homebuyers, from young families to retirees. Over recent years, Tarrawanna has experienced steady growth in property values, driven by its proximity to Wollongong’s city center and the natural beauty of the surrounding area. Buyers are particularly drawn to the suburb’s generous lot sizes and the availability of both single-family homes and townhouses. This variety offers potential homeowners a range of choices while accommodating different budgets and lifestyle preferences. The suburb’s real estate market is also buoyed by an ongoing interest from investors looking to capitalize on the strong rental demand in the area.
Living in Tarrawanna presents a harmonious blend of suburban tranquility and urban accessibility, making it an attractive location for residents who value both convenience and a sense of community. The area is characterized by its leafy streets, local parks, and a variety of shops and cafes that give it a quaint, small-town feel despite being a short drive from the bustling Wollongong city center. Community life in Tarrawanna is vibrant and welcoming, with local events and markets fostering strong neighborly connections. For families, the suburb offers access to quality schools and recreational facilities, such as playgrounds and sports fields, catering to a family-friendly lifestyle. The nearby escarpment and coastline provide plenty of opportunities for outdoor activities, from bushwalking to beach days. Overall, Tarrawanna serves as a microcosm of relaxed coastal living while benefiting from the infrastructural advancements and employment opportunities offered by the greater Wollongong area.
Houses for sale in Tarrawanna
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Unit 6, 61-65 Caldwell Avenue, Tarrawanna, NSW, 2518 |  2 |
 1 |
 1 |
$700,000 - $750,000 |
Recently Sold Properties
| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2025-12-16 | $1,273,000 | 100 Meadow Street | Tarrawanna, NSW |
| 2025-11-28 | $1,400,000 | 4 Crowther Place | Tarrawanna, NSW |
| 2025-11-13 | $1,020,000 | 56 Caldwell Avenue | Tarrawanna, NSW |
| 2025-10-31 | $840,000 | 1 / 54 Meadow Street | Tarrawanna, NSW |
| 2025-10-01 | $780,000 | 2 / 14 Bellambi Street | Tarrawanna, NSW |
| 2025-09-10 | $1,460,000 | 86 Meadow Street | Tarrawanna, NSW |
| 2025-09-01 | $1,075,000 | 1 Charles Road | Tarrawanna, NSW |
| 2025-08-28 | $1,400,000 | 18 Prosser Close | Tarrawanna, NSW |
| 2025-08-25 | $965,000 | 3 / 15 Bellambi Street | Tarrawanna, NSW |
| 2025-08-14 | $2,750,000 | 62 Meadow Street | Tarrawanna, NSW |
| 2025-07-03 | $730,000 | 6 / 61 Caldwell Avenue | Tarrawanna, NSW |
| 2025-06-20 | $1,420,000 | 6 Bellambi Street | Tarrawanna, NSW |
| 2025-05-14 | $1,425,000 | 11 Caldwell Avenue | Tarrawanna, NSW |
| 2025-04-29 | $2,070,000 | 7 Corrimal Street | Tarrawanna, NSW |
| 2025-04-09 | $934,000 | 4 / 15 Bellambi Street | Tarrawanna, NSW |
| 2025-04-04 | $1,270,000 | 27 Henry Street | Tarrawanna, NSW |
| 2025-02-21 | $1,200,000 | 27 Meadow Street | Tarrawanna, NSW |
| 2025-01-24 | $1,100,000 | 1 / 15 Bellambi Street | Tarrawanna, NSW |
| 2025-01-23 | $1,120,000 | 16 Charles Road | Tarrawanna, NSW |
| 2025-01-22 | $946,000 | 2 / 8 Harrigan Street | Tarrawanna, NSW |
| 2024-12-16 | $1,630,000 | 12 Charles Road | Tarrawanna, NSW |
| 2024-12-13 | $1,425,000 | 3 Harrigan Street | Tarrawanna, NSW |
| 2024-11-12 | $1,450,000 | 8 Brissendon Close | Tarrawanna, NSW |
| 2024-09-20 | $1,255,000 | 38 Williamson Street | Tarrawanna, NSW |
| 2024-07-11 | $1,580,000 | 83 Meadow Street | Tarrawanna, NSW |
| 2024-07-05 | $1,000,000 | 34 Caldwell Avenue | Tarrawanna, NSW |
| 2024-06-21 | $895,000 | 4 / 14 Bellambi Street | Tarrawanna, NSW |
| 2024-06-19 | $850,000 | 1 / 5 Keira Street | Tarrawanna, NSW |
| 2024-06-13 | $490,000 | 6 / 15 Bellambi Street | Tarrawanna, NSW |
| 2024-06-07 | $1,200,000 | 4 Caldwell Avenue | Tarrawanna, NSW |
| 2024-05-01 | $805,000 | 2 / 16 Brooker Street | Tarrawanna, NSW |
| 2024-04-12 | $1,100,000 | 5 Charles Road | Tarrawanna, NSW |
| 2024-03-21 | $855,000 | 5 / 5 Keira Street | Tarrawanna, NSW |
| 2024-03-13 | $860,000 | 3 / 76 Meadow Street | Tarrawanna, NSW |
| 2024-02-28 | $1,800,000 | 15 Bradford Close | Tarrawanna, NSW |
| 2024-02-19 | $1,070,000 | 17 Kendall Street | Tarrawanna, NSW |
| 2024-02-15 | $940,000 | 3 / 8 Harrigan Street | Tarrawanna, NSW |
| 2024-02-12 | $1,350,000 | 40 Meads Avenue | Tarrawanna, NSW |
| 2024-01-22 | $1,500,000 | 11 Bradford Close | Tarrawanna, NSW |
| 2023-12-18 | $626,000 | 28 Bellambi Street | Tarrawanna, NSW |
| 2023-12-14 | $1,130,000 | 3 Meads Avenue | Tarrawanna, NSW |
| 2023-11-03 | $1,005,000 | 86 Caldwell Avenue | Tarrawanna, NSW |
| 2023-10-03 | $1,650,000 | 20 Bertram Close | Tarrawanna, NSW |
| 2023-09-20 | $1,200,000 | 44 Caldwell Avenue | Tarrawanna, NSW |
| 2023-08-29 | $620,000 | 1 / 79 Meadow Street | Tarrawanna, NSW |
| 2023-08-01 | $652,000 | 7 / 5 Keira Street | Tarrawanna, NSW |
| 2023-07-12 | $1,380,000 | 8 Bellambi Street | Tarrawanna, NSW |
| 2023-07-07 | $1,660,500 | 25 Prosser Close | Tarrawanna, NSW |
| 2023-06-26 | $823,500 | 2 / 5 Keira Street | Tarrawanna, NSW |
| 2023-04-28 | $820,000 | 5 / 79 Meadow Street | Tarrawanna, NSW |
Local Schools
Is Tarrawanna a safe suburb?
Incidents Trend State Average
Public Transport
Bulli - Less than 10 KM
Local Attractions & Points of Interest in Tarrawanna
Corrimal Rock Pools - Less than 5 KM
Vietnam War Memorial - Less than 10 KM
Snake Pit Basket Ball Stadium - Less than 5 KM
Multi-Purpose Unit - Less than 5 KM
Jumbulla Aboriginal Discovery Centre - Less than 10 KM
Wollongong Cenotaph - Less than 10 KM
Lawrence Hargrave Memorial (UOW art collection) - Less than 5 KM
Skydive the Beach Sydney Wollongong - Less than 5 KM
University of Wollongong - Less than 5 KM
Lysaght's Rec Club - Less than 10 KM
Balmain East Weather – Average Local Climate by Month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
| Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
| Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
| Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
| May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
| Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
| Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
| Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
| Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
| Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
| Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
| Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
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