20 | Insights H1 2026 Mathew Ivanoff of Commercial Wollongong says, “The Wollongong market has remained generally steady over the past six months, despite volatility in interest rates, including cuts followed by the February rate hike. “This is set to continue for the first half of 2026 despite the latest rate hike, although another rate rise could tilt this stability.” While both sales and leasing activity have held up, Matthew notes that the office sector has softened slightly, and there is an oversupply of light industrial space – a trend being seen across several regional NSW markets. Street front retail properties such as 92 Auburn Street, Wollongong and more traditional strip-shop retail like 25 Princes Highway, Dapto have caught the eye of owner-occupiers and investors. Mathew Ivanoff mathew@rhw.com.au Wollongong Office Industrial Retail Rents p/m² Vacancy Yields Rates p/m² Six-month market outlook For more information, contact: Office Industrial Retail Rents p/m² $250-350 $250-300 $375-400 Vacancy 12% 2% 8% Yields 7.5-8% 6-7% 4% Rates p/m² $6,000 $1,300 $6,500 Current market conditions $1,760,000 25 Princes Highway, Dapto Recent Notable Transactions SOLD $1,800,000 1-4/92 Auburn Street, Wollongong SOLD
RkJQdWJsaXNoZXIy MTI3ODI1