Question 1

Is Unanderra a nice place to live?

Accepted Answer

Unanderra sits at the foothills of the Illawarra Escarpment near Mount Kembla, where established residential streets neighbour a sizeable light industrial and commercial precinct. Everyday life centres on a local shopping strip, community and sporting clubs, and convenient rail access via Unanderra station plus straightforward road connections into Wollongong and along the coast. With nearby bushland and escarpment views, it suits people seeking established housing close to workplace hubs and outdoor recreation.

The suburb is home to 5,476 people with a median age of 42, and households lean towards couples — together the two couple-family groups make up about three in four families. Most homes are owner-occupied (55.6%) while 44.4% are rented. Recent local upgrades include an improved station with new lifts and accessible paths, new and replaced park facilities and amenities, a temporary library closure for roof and interior works with a scheduled reopening, and school funding for air conditioning in the library and computer lab.

Question 2

Is it expensive to live in Unanderra?

Accepted Answer

On the figures here, buying a house in Unanderra sits well above local incomes at the last Census. The median house price of $895,000 is about 14.2 times a typical local annual household income at the last Census (weekly income $1,211 × 52 = $62,972). Renting is the more immediate cost for many: a house rent of $680 a week would take about 56.1% of a typical local household's weekly income at the last Census, and a unit rent of $550 a week would take about 45.4%. Both rent shares are a large portion of that Census household income, while the purchase price is a high multiple of it.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Unanderra a good place to invest?

Accepted Answer

Over the past 12 months house values in Unanderra rose 10.1%, a strong increase in the capital value of houses. Unit rents also moved, up 5.8% over the year, a solid rise in rental income for units. Put simply, house capital growth outpaced the measured rise in unit rents this year; if capital growth is your priority the house figure is the most relevant, while unit rent growth is the number to watch for rental income. Whether that balance suits you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$895K	N/A
Change in value Past 12 months	10.1%	N/A
Sold Past 3 months	14	1
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$680	$550
Change in rent Past 12 months	N/A	5.8%

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