If you are looking to settle for a great duplex investment but want to look outside of Sydney a great area is the Illawarra. South of Sydney, the Illawarra, has some great spots to choose from. A Dual Occupancy, also known as a Duplex, a house having two dwellings connected or not connected is rising fast as one of the most popular and economical housing choices among young professionals, families and older people. The Illawarra is the coastal region in New South Wales and situated immediately in the south of Sydney. The region is well-known for its amazing and cost-effective dual occupancy housing characterized by impressive duplex design on good size blocks in close proximity to some of NSW’s best beaches and a simple commuting distance to Sydney. We have put together a list of our top nine locations to build your next duplex in the Illawarra and the reasons that make them the best spot for duplexes.
The duplex designs in Woonona shows the presence of some of the best Illawarra duplex designs due to a large number of duplex size blocks. The duplexes here are positioned perfectly, mostly in a quiet environment, located close to bus stops, beaches, and train stations. These immaculate duplexes are made to impress with capacious entertaining areas, yards, modern kitchen and bathrooms, and elegant design. Woonona is surrounded by beaches, great restaurants, and close to everything your family may need. Prices are somewhat similar to the western Sydney suburbs with a reasonable commute time to the city. In Woonona, you also get a better backyard and a better overall living standard. If you’re commuting to Sydney, it’s one train to Central and a half commute is comparatively relaxed.
Corrimal has witnessed a compound growth of 5.8% for houses and 6.6% for units. If you are looking for some lifestyle change, rationally priced homes, or to raise a family, it’s easy to see why the property buyers are attracted to this area. Corrimal is one of the most exciting suburbs in Wollongong, there is a large number of blocks suitable for duplexes with the minimum 15m frontage and the area is brilliant for both selling and for rental properties. Pet-friendly duplexes with elegant high-quality finishes and all the essential facilities to make life enjoyable and convenient are the real charm. Particularly if you’re commuting from the city, this is a great relief. These duplex designs feature light-filled substantial living zones, European appliances, enormous balconies or large alfrescos at the rear, double garages, spectacular escarpment, parkland and ocean views.
Figtree Wollongong is a very affordable place to buy or rent out duplexes. Figtree is a leaf suburb with an excellent shopping center, schools, and medical facilities. There are beaches close by, roomy parks to play in, and a sufficient number of restaurants to choose from. Plus, the public transport is great – some buses take you to central Wollongong and the beach whenever you feel like. With a median duplex price of $750,000, this suburb has the potential to return an excellent profit on a duplex development. Sydney is only a 1.5-hour-drive or rides away, giving you easy access to the city.
4. Shell Heights
Shell Heights is the new rising state on the real estate market in Shellharbour. The estate is set to have scenic views of the Jamberoo Valley, neighbors the Shell Cove development and Shellharbour Links Golf Course and is within walking distance to Shellharbour Junction railway station. The duplexes and houses being developed there are uniquely designed and positioned and present a great living opportunity in-between the city and village life.
5. Shellharbour Village
Shellharbour is ideal for families looking for clean and outdoor living, retirees looking for a quieter lifestyle and beach lovers. The duplexes found here are uniquely designed and accommodated with spacious balconies and yards. Shellharbour is 90 minutes south of Sydney airport. There are a great number of larger blocks in Shellharbour Village which are perfect for developing into Duplexes or Townhouses. Shellharbour Village has a really nice feel and the returns on investment are excellent in the area, the advantage of a duplex in this area is the walking distance to a large number of café’s and shops and a short drive or bus ride to Shellharbours Stockland Shopping Centre.
6. Lake Illawarra
Lake Illawarra is a suburb in the Shellharbour City, with median duplex prices of $650,000. The region is beautifully landscaped with numerous environmentally friendly initiatives make living affordable. Centrally located, the beach and shops are all within walking distance and for the trips further afield, a bus stop is there right at the front of the village. Lake Illawarra is ideally located to enable an interesting and active lifestyle, with an increasing number of luxury styled villas and duplexes.
In Kiama, one can have easy access to the wonderful Kiama Coastal Walk, a 22 km walking track taking you through rivers, headlands, beaches, and bays. There are fabulous shopping boutiques and unbelievable cafes and restaurants. From an investment perspective, Kiama real estate duplexes are in high demand. Residential duplexes Kiama makes a fabulous investment option for retirees and families who want to trade in suburbia and have a relaxed coastal life. Kiama attracts some of the best prices for property in NSW, with the new LEP change you will need to fina blocks that are a minimum of 600m2 to do a torrens title dual occupancy.
8. Port Kembla
Port Kembla is one of the most natural and socially diverse suburbs in Australia, with an industrial reputation. For years, Port Kembla’s advocates sold the suburb as a prospective boutique shopping zone and arts hub that is flaking its industrial reputation. Last year, the community was provided with substantial on-going funding to begin a revitalization process emphasizing infrastructure projects. Port Kembla boats one of the nicest beaches on the south coast and you will find a large number of 600m2 and above sites that are perfect for developing a duplex that will attract excellent sales prices and rental returns.
9. Kembla Grange
Kembla Grange is the suburb west of Berkeley, in Wollongong. Its sanctuary views give an escape from city living but with all of the attractions of Wollongong and the scenically lovely Illawarra coastline only 30 minutes from the region. The duplexes found here are simple and cost-effective. The median listing price for duplexes here is $640,000.
These are nine of our top picks for locations to look for Duplex sites if you are an investor or developer, if you have any question please feel free to reach out.