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Description: Suburb of Wollongong, New South Wales, Australia

Coordinates: -34.50166667°, 150.80833333°

Koonawarra, New South Wales

Koonawarra is a suburb of Wollongong, New South Wales, Australia. It is located on the western shore of Lake Illawarra. Koonawarra, or Exmouth, as it was then called, was one of the first five land grants located in the Illawarra. It was a grant of 1300 acres made to Richard Brooks in 1817. The grant faced Lake Illawarra and extended from Brook's Creek to Mullet Creek. Koonawarra was the aboriginal name for the area. "Exmouth" was later secured by Henry Osborne and became part of his central Illawarra estate, extending from Macquarie Rivulet to Mullet Creek, and from Lake Illawarra to the mountains. The name Koonawarra is from the aboriginal word "Koonawarra” meaning "swan".

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Real Estate Market

Why People Buy & Invest in Koonawarra

Growing Housing Demand

The population of Koonawarra continues to grow, increasing the demand for modern apartments, family homes, and rental units.

Affordable Property Prices

Compared to major cities, property prices in Koonawarra remain attractive for first-time homebuyers and investors.

Stable Rental Income

Many areas around Koonawarra provide excellent rental yields due to tourism, students, and local job markets.

Property Types

Popular Homes in Koonawarra

Family Houses

Spacious homes in peaceful neighborhoods — perfect for families living in Koonawarra.

Modern Apartments

Affordable and well-located apartments popular among young professionals and students in Koonawarra.

Land & Plots

Ideal for investors looking to build private homes or start commercial projects in Koonawarra.

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