Getting its name from the mountain upon which it sits, Mount Keira is as affordable area to buy close to Wollongong CBD.
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The median house price for the suburb is at $690,000, though due to the sparse areas of bushland, there’s not an abundance of homes on the market despite the demand.
For an investment property the area ticks many boxes including being close to schools, the university and the M1.
It’s also close to Wollongong Botanic Garden plus many walking trails and mountain bike tracks.
According to Domain, 37 per cent of households have a mortgage, 43 per cent fully own their own home and the rest renting, while the majority are families, with the average age 40 to 59.
For younger families with an average income a current listing of a new three-bedroom, two-bathroom villa at 145a Mount Keira Road could be suitable at $749,000.
For the expanding family, or someone with a few extra dollars, a six-bedroom four-bathroom property on Mount Ousley Road could be your sought after sanctuary.