Rare opportunity to secure this ideally situated development^ opportunity within close proximity to Wollongong CBD surrounded by all amenities.
The subject property is located in Gwynneville, approximately 85km south of Sydney CBD and just over 1km from the Wollongong CBD. The site is well located with excellent connectivity via Memorial Drive, linking Gwynneville to Wollongong.
The location is well serviced with all amenities nearby including Wollongong Private Hospital, Gwynneville Public School, Wollongong University and major retail centres. With Wiseman Park Reserve and Beaton Park Leisure Centre adjacent the site is surrounded by greenspace. Situated between North Wollongong and Wollongong Railway Station, both of which are located approximately 1.3km away.
Key features:
Generous site area of approximately 1,852m
Zoned R1 General residential
Perfectly situated moments away from Wollongong CBD
Excellent connectivity via Memorial Drive
Situated in well serviced area
Unique redevelopment opportunity^
For further information or to arrange an inspection, reach out to our team.
^S.T.C.A.
The size of Gwynneville is approximately 1.2 square kilometres. There are 8 parks, covering nearly 21.0% of the total area. The population of Gwynneville in 2016 was 3100 people. By 2021 the population was 3139 showing a population growth of 1.3% in the area during that time. The predominant age group in Gwynneville is 20-29 years. Households in Gwynneville are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Gwynneville work in a professional occupation.In 2021, 43.50% of the homes in Gwynneville were owner-occupied compared with 42.60% in 2016.
Gwynneville has 1,342 properties. Over the last 5 years, Houses in Gwynneville have seen a 9.25% increase in median value, while Units have seen a 31.70% increase. As at 31 August 2026:
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