Wollongong

The Smartline Report – September Edition

The month in review: Wollongong

By Herron Todd White
September 2016

The average Illawarra homeowner has tended to be in the market for a detached suburban dwelling. Suburbs have been constructed in accordance with trends at the time of subdivision and a stark difference in suburbs over the years can be seen. Hewitts Avenue in Thirroul contains dwellings that were originally built as display homes in the 1930s. They are single level, weatherboard clad with iron roofing and are approximately 100 to 120 square metres in size. Contrast this with the 250 to 300 square metre, single or two storey dwellings on
display at Housing World in Shell Cove.

Suburbs such as Towradgi, Coniston and Warilla benefited from European migration which took off at the end of World War II. Residential blocks were purchased by migrants (often labourers) who would build themselves a family home. The homes are typically of brick and tile construction and these original migrants have lived in them ever since. It is now 50 to 60 years on and these residents no longer require their homes. Towradgi, Coniston and Warilla are experiencing a swift transition, with homes selling for the first time in a generation being purchased by young families and being renovated, extended or demolished and rebuilt.

The major change in residential subdivisions in recent times is to mix the traditional residential lots in with higher density housing such as terraces, townhouses and low-rise apartments. A developer wins, as they can get more lots in their subdivision and the public wins, as the higher density units are more affordable. The success of new residential subdivisions in Thirroul, Figtree, West Dapto, Calderwood, Flinders, Shell Cove and South Nowra signify that the Australian home ownership dream lives on in the Illawarra.

 

Share on:

DISCLAIMER: The information contained in this article is correct at the time of publishing and is subject to change. It is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, Smartline recommends that you consider whether it is appropriate for your circumstances. Smartline recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.