Real Estate Agents Wollongong

In 2023, houses took an average of 60 days on the market, while units sold within 47 days. As markets recover in a post-pandemic economy, real estate properties are selling faster at higher and more competitive prices.

 

Wollongong boasts a heavy port industry, with a flourishing lifestyle and activities across its narrow coastal plain and continuous surf beaches, which continually attracts new buyers to the area looking for a sea or tree change.

Wollongong houses have a median price of $1,087,500 and units record a median price of $700,000.

House prices have dropped by 16.3% from the past year, while units are up 1.4% (2023). Property price will vary depending on unique conditions such as:

• Property location

• Property condition (renovated, old, newly built, etc.)

• Market conditions

• Legal paperwork involved, and other processing fees (stamp duty, etc.)

Talk to our real estate agents for a proper estimate and discover how to achieve the best possible price for your seaside property in Wollongong.

The perfect time to sell your Wollongong property relies more on market conditions and personal circumstances than seasons. While certain market behaviours are expected in certain months of the year, our real estate agents believe the best time to list your property for sale is whenever your circumstances dictate.

We look at larger factors influencing buying and selling decisions, such as your work adjustments and larger family decisions, like making a tree change or moving to a smaller property.

Think of realistic factors such as:

• Wanting to capitalise on Wollongong’s market condition 

• Finding a property that better suits your lifestyle changes

• Your kids have moved out, and you want to downsize to a smaller property or a unit

• You could use some money to cope with an urgent financial situation

Talk to our local real estate agent at (02) 9908 6099 or visit our office at G06(a)/35 Crown Street, Wollongong, to know if now’s a good time to sell your property.

First impressions matter. We found curb appeal can boost property prices by as much as $80,000. Spending about $2,000 to $15,000 can add up to $100,000 to your property’s value.

Your façade is often the first thing your buyers see in advertisements, driving-by, and property listings. Small jobs go a long way, such as repainting your front door and exterior, trimming your lawn, and changing your mailbox and house number signage.

Selling your home is a big decision that requires adequate knowledge and preparation.

That said, here’s how you can prepare for a successful home sale:

• Improve curb appeal and fix minor repairs. Consider decluttering the entire property and addressing repairs affecting house value and demand.

• Partner with your local real estate agent. Talk to our local DiJones agents at G06(a)/35 Crown Street, Wollongong, to know more.

• Set a competitive asking price and choose the right sales method, either selling privately or at auction. Your real estate agent can assist you throughout this process.

• Secure an agency agreement stating your agent’s advertisement and selling rights for the property, including other relevant fees. Your nearest DiJones office will gladly discuss the contract with you and give you the power to alter the agreement and seek legal advice before signing.

• Finally, secure your sale through your chosen sales method!

Talk to one of our DiJones real estate agents to learn more.

Auctioning is very popular among Wollongong real estate sellers as it encourages competitive bidding among interested buyers. Its transparency and fairness mean buyers know what each other is asking for and try to make their best offer at auction day.

As a result, you (as a seller) could get a higher sale price than you might with private treaty negotiations or with a sale by tender (EOI).

Another benefit of selling by auction is that you’re in control throughout the auction process. You can discuss your reserve price with us, and our DiJones real estate agents in Wollongong will cater to your terms and special conditions, giving you more control over the outcome.

We will also walk you through our real estate marketing campaign and get you involved in facilitating a bespoke campaign tailored to your specific needs.

Overall, selling by auction can be a quick and cost-efficient way to sell your Wollongong property at the best value. It typically runs from 4 to 6 weeks, with a highly anticipated auction day at the end of the campaign.

To find out more about the auction process, talk to our agents at (02) 9908 6099 or visit us at G06(a)/35 Crown Street, Wollongong, NSW.  

Depending on your circumstances, real estate goals, and the housing market’s conditions, you can choose from the following common sales methods to sell your home:

• Selling by private treaty - The property seller offers a fixed price in the listing, and buyers can negotiate the price further.

• Selling by auction - capitalises urgency on an auction day and may attract more buyers who are motivated to bid competitively

• Sale by expression of interest (EOI) - offers the competitiveness of an auction but without the stress of selling within the auction day. Buyers can submit a price offer and the seller will choose the best offer after the sale period expires.

At DiJones, we know the key is finding what drives you. Understanding your purpose. Seeing eye-to-eye so we see more of your vision, more of that thing that means more to you than anybody else. And the feeling of living it makes you feel like you.

Whether it’s the confidence you get from advice that creates more wealth, The freedom when more potential is realised in your property, Peace of mind when you’ve got more independence to live your life how you want, Or safety and security in finding a place to make more of your next chapter.

There’s more to your real estate story, and we would love to be a part of it. Learn more about our real estate solutions by contacting our Wollongong team at (02) 9908 6099 or email us.