A man will re-appear in court on Wednesday after being charged with aggravated breaking and entering at Albion Park Rail last month.
About 6pm on September 4, three men were at a unit on Kanahooka Street when the front door was kicked open.
Two men allegedly assaulted the 41-year-old and 24-year-old occupants, causing serious injuries to their head and body.
One of the intruders allegedly took two knives from the kitchen and threatened the other occupant, a 44-year-old man, demanding wallets, phones and keys to their car.
The men drove from the unit in a Holden Commodore, also allegedly stealing cash and two mobile phones.
The injured men called police and an ambulance for assistance.
They told police they did not know their attackers.
Police investigations led to the arrest of a 32-year-old man.
He was charged with aggravated breaking and entering and committing a serious indictable offence (inflicting grievous bodily harm).
He was also charged with stealing a motor vehicle.
He appeared in Wollongong Local Court yesterday and was refused bail.
He will re-appear in court on Wednesday.
Inquiries are continuing.
The stolen Commodore was recovered in Nowra.