Blacket Street, North Wollongong named the top street in the area

This is according to a new report from Suburbtrends, which has determined the top streets in the Wollongong, Dapto-Port Kembla and Kiama-Shellharbour areas based on price estimates.

The top street in the Wollongong area is Blacket Street, North Wollongong, which has an estimated median house value of $3,547,000.

CoreLogic records there are 53 properties in Blacket Street, North Wollongong; many of them are units.

CoreLogic records also show the record sale in Blacket Street is No.4, which sold for $6,500,000 in November 2021.

Christian Zeidler from McGrath Wollongong has sold properties in Blacket Street, and said the street's position and development-friendly zoning made it a popular location.

"It's also walking distance to the beach, you've got all the entertainment, CBD. It's convenient and offers a great lifestyle."

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Rounding out the top five in the area is Bode Avenue, North Wollongong ($3,540,000); Aragan Circuit, Bulli ($3,333,000); Tramway Court, Bulli ($3,203,000); and Mundaban Close, Bulli ($3,201,000).

"In Bode Avenue, there is little opportunity left as far as being able to buy a single dwelling there, because they're all zoned medium density residential," Mr Zeidler said.

"The land price is worth so much more from a development aspect."

Also ranking highly in the Wollongong area was Blackall Street, Bulli; Weaver Terrace, Bulli; Toxteth Avenue, Austinmer; Jardine Street, Bulli; and Trinity Row, Bulli.

In the Dapto-Port Kembla area, the top street gong went to Griffiths Avenue, Port Kembla (estimated median house value of $1,803,000), while nearby Olympic Boulevard ($1,744,500) was in second place.

Giovanni Zappia from Ray White South Wollongong said Griffiths Avenue benefited from being a "nice, quiet street with a cul-de-sac".

"At the end of the street there is a laneway that goes down to the beach and the pools," he said.

"As you go through that laneway, you overlook the pools and the beach; the most beautiful views."

Mr Zappia said the neighbouring Dovers Drive was also a higher-end part of the suburb, as homes there boasted unrestricted views of the ocean.

"That whole Hill 60 (area) is very popular," he said.

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In the Kiama-Shellharbour area, the top street prize went to Crooked River Road, Gerroa ($3,845,000).

Kent Lardner from Suburbtrends said if you're buying a house in the Illawarra, it was always ideal to try and find something in and around the top streets.

"If you can find a well-priced property in and around those streets, it's similar to the idea of buying the worst house in the best street," he said.

"It's a good strategy for buyers."

Suburbtrends' Top 50 Streets report employs a comprehensive methodology using an automated valuation model (AVM) to estimate the value of each house on a street.

According to Suburbtrends, to ensure statistical significance, the methodology excludes streets with fewer than five computer-generated estimates.

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