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Thirroul suburb profile

Thirroul is a picturesque coastal suburb located in the northern Illawarra region of New South Wales, approximately 69km south of Sydney. Known for its stunning beaches, vibrant arts scene, and relaxed lifestyle, Thirroul attracts families, artists, and surfers alike. The suburb boasts a charming village atmosphere with boutique shops, cafes, and a thriving local community. Thirroul’s scenic beauty is complemented by its proximity to the Royal National Park and the Illawarra Escarpment, offering ample opportunities for outdoor activities. With its blend of natural allure and cultural vibrancy, Thirroul remains a sought-after destination for both residents and visitors.

Thirroul property market performance

Current median dwelling price$1,547,500Past 3 months

Property growth+7.1%Past 12 months

Thirroul’s property market has demonstrated varied performance over the past year. House values have risen by 4.1% with a current median price set at $1.9 million. Meanwhile, unit values have seen a notable increase of 10%, though the median unit price is unavailable. Over the past 12 months, 21 houses and 7 units have been sold, indicating a stronger turnover in the housing sector.

Properties in Thirroul have distinct selling patterns, with houses sitting on the market for a median of 60 days, whereas units have a shorter median time of 41 days, suggesting faster movement in the unit market.

Rental markets have seen significant shifts, especially for houses where rent has surged by 21.1% to an average of $1,150 per month. Unit rentals also increased by 8.7%, now averaging $685, indicating robust demand across the board.

HousesUnits
Median price
Past 3 months
$1.90MN/A
Change in value
Past 12 months
4.1%10.0%
Sold
Past 3 months
217
Median days on market
Past 12 months
6041
Average rent
Past 12 months
$1150$685
Change in rent
Past 12 months
21.1%8.7%

5 year median price trend for houses and units

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Thirroul demographics

Thirroul, a picturesque coastal suburb located in the northern part of Wollongong, is renowned for its stunning beaches, vibrant arts scene, and relaxed lifestyle. With a population of 6,348, Thirroul offers a charming blend of natural beauty and community spirit, making it a desirable location for families and retirees. The median age of 43 reflects a mature community, with many residents enjoying the suburb's tranquil environment and proximity to both the ocean and the escarpment.

The suburb's housing market is characterized by a high rate of home ownership, with 41.9% of properties owned outright and 37.7% owned with a mortgage. This stability is complemented by a smaller rental market, with only 20.4% of properties being rented, appealing to those seeking long-term residence. The family-oriented nature of Thirroul is evident, with 49.2% of households being couple families with children, and 39.8% being couple families without children, highlighting its appeal to both growing families and those enjoying a quieter lifestyle.

Thirroul's community is enriched by its local amenities, including boutique shops, cafes, and cultural events, which contribute to its vibrant atmosphere. The suburb's strong sense of community, combined with its scenic coastal setting and convenient access to Wollongong and Sydney, makes Thirroul a sought-after destination for those looking to enjoy a balanced and fulfilling lifestyle.

Thirroul infrastructure, key developments and investment opportunities

Thirroul continues to benefit from its strong rail and road connectivity to Wollongong and Sydney, with regular train services and access via the coastal highway supporting commuter demand and underpinning property values.[4][6] The walkable village centre along Lawrence Hargrave Drive, with its concentration of cafes, shops and services, remains a key lifestyle drawcard that supports ongoing interest from buyers seeking a coastal, amenity-rich suburb.[2][6] Proximity to the beach, the Illawarra escarpment and nearby recreational reserves further enhances livability and helps sustain premium pricing relative to less well-located suburbs in the region.[4][6]

Local schools and community facilities in and around Thirroul, combined with a growing retiree presence supported by nearby retirement living options, contribute to a diverse demographic profile and steady housing demand across different property types.[5][6] There are currently no widely reported, large-scale new infrastructure or urban renewal projects specific to Thirroul beyond incremental upgrades, so near-term market performance is likely to remain driven primarily by its established transport links, coastal lifestyle and limited supply of new dwellings.[2][6]

Thirroul rental market trends

The rental market in Thirroul has experienced significant growth, with house rents surging 21.1% over the past year to $1,150 per week, while unit rents have increased 8.7% to $685 per week. Known for its scenic coastal living and community vibe, Thirroul remains an attractive option for both renters and investors seeking strong market potential.

Suburbs near Thirroul

Some popular suburbs near Thirroul include:

How does Thirroul compare to nearby suburbs?

  • Median house prices: Thirroul’s median house price is 19.6% higher than Bulli’s.
  • Median unit prices: Thirroul’s median unit price is 67.9% higher than Woonona’s.
  • House price growth: Over the past 12 months, house prices in Thirroul have grown 13.8% higher than in Coledale.
  • Unit price growth: Over the past 12 months, unit prices in Thirroul have grown 9.4% higher than in Woonona.
  • Selling speed for houses: Properties in Thirroul are selling 6.3% faster than in Coledale.
  • Selling speed for units: Properties in nearby Woonona are selling 39.0% faster than in Thirroul.

Common questions about Thirroul

  • Is Thirroul a nice place to live?

    Thirroul is a delightful coastal suburb that offers a charming blend of natural beauty and a vibrant community atmosphere, making it a fantastic place to call home. Known for its stunning beaches and relaxed lifestyle, Thirroul is a haven for families, artists, and outdoor enthusiasts. The suburb exudes a peaceful vibe, with its picturesque setting nestled between the ocean and the escarpment, providing a serene backdrop for everyday life. The local community is warm and welcoming, with a strong sense of togetherness that makes it an ideal place for families to thrive.

    Living in Thirroul means having easy access to a range of amenities, including boutique shops, cozy cafes, and cultural events that add to the suburb's vibrant atmosphere. The proximity to both Wollongong and Sydney ensures that residents can enjoy the best of both worlds, with convenient transport links making commuting a breeze. Safety is generally not a concern, and the suburb's family-friendly nature is evident in the abundance of parks and green spaces, perfect for weekend picnics and outdoor activities.

    However, living in Thirroul does come with a few trade-offs. The popularity of the suburb means that property prices can be on the higher side, and the limited availability of new dwellings can make finding a home challenging. Additionally, while the relaxed lifestyle is a major drawcard, those seeking a bustling nightlife might find the suburb a bit too quiet. Nonetheless, for families and individuals seeking a balanced lifestyle with a strong community spirit and access to natural beauty, Thirroul is a truly wonderful place to live.

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  • Is it expensive to live in Thirroul?

    Living in Thirroul can be quite costly, especially when it comes to housing. The median house price is currently around $1,900,000, which is significantly high. For those considering renting, the average rent for houses is about $1,150 per week. Units are not currently available, but when they are, they typically offer a more budget-friendly option, with past averages around $685 per week.

    Comparing the local earnings, the average wage in Thirroul is approximately $2,300 per week. This is slightly higher than the average wage in New South Wales, which provides some relief to the high property prices. However, even with this relatively higher income, a substantial portion would still go towards housing costs, making it a less affordable option for many.

    Overall, while Thirroul offers a picturesque coastal lifestyle with its beautiful beaches and community vibe, the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Thirroul, it's important to carefully evaluate your financial situation to ensure it aligns with the expenses associated with residing in this charming suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Thirroul a good place to invest?

    Thirroul is shaping up to be a promising spot for property investment. Over the past year, the suburb has seen a notable increase in property values, with median house prices rising by 4.1% and unit prices surging by an impressive 10.0%. This upward trend in property values indicates a strong demand in the area, making it an attractive option for potential investors.

    Additionally, the rental market in Thirroul is thriving, with house rents experiencing a significant jump of 21.1% over the last 12 months. This suggests a robust demand for rental properties, which can be appealing for investors seeking steady rental income. While unit rents have also increased by 8.7%, the overall rental growth highlights the suburb's appeal to both renters and investors alike.

    Thirroul's coastal charm, combined with its proximity to larger urban centers, makes it a desirable location for those looking to enjoy a relaxed lifestyle without being too far from city conveniences. This unique blend of lifestyle and accessibility continues to drive demand, positioning Thirroul as a solid investment choice with potential for both capital growth and rental returns.

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Choose the right real estate agents in Thirroul

Choosing the right real estate agent in Thirroul can have a big impact on your sale. While there are 40 real estate agents working in the suburb, but just 5 of them were responsible for 43.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.63% to 2.63%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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