Wollongong – an Attractive Place to Invest Wollongong is one of the “Jewels” of the Australian Coast. It is one of the most dynamic and fastest-growing areas within New South Wales. In fact Wollongong is amongst the top 10 of Australia’s largest cities. It is only one hour’s easy drive south of Sydney and can be accessed from Sydney either along the scenic coastline, or through the picturesque National Park. Wollongong has excellent transport infrastructure to and from Sydney connected by both road and rail facilities. Wollongong itself is nestled between a beautiful rainforest escarpment to the west, the magnificent Pacific Ocean to the east, and the Royal National Park to the north. Consequently there is only limited land space available for expansion – and there is an increasing demand for property and land in the Wollongong area from people who are choosing to live within its pristine environment, in order to enjoy its glorious beaches and beautiful rainforest escarpment whilst commuting to work in Sydney. A compelling reason for investing in property in Wollongong is that there is only limited space available for development. An interesting fact is that there are approximately 100,000 new arrivals coming into the greater Sydney area, to live every year – this means that the environs of Sydney are being pushed further and further outward. Many of these new arrivals are choosing Wollongong as their primary residence, because of its proximity and ease of transport to Sydney, rather than living in one of its outlying landlocked suburbs. Travelling time from the outer suburbs of Sydney to Sydney’s CBD takes about the same time as travelling from Wollongong to Sydney’s CBD. It is also generally considered that land prices are much cheaper in Wollongong when compared with similar beach-side suburbs in Sydney – making it excellent value for money! The city of Wollongong boasts amenities to rival any other city in Australia. Its award winning beaches and stunning rainforest escarpment backdrop presents a spectacular setting for a city. Wollongong’s University has an extensive campus and is considered to be one of the finest in Australia, whilst Wollongong Hospital has an extensive teaching faculty. Within the city there is a broad array of exciting facilities catering for all tastes and interests – ranging from the artistic, with the renowned Illawarra Performing Arts Centre – to the culinary, with a wide range of top-class restaurants and outdoor cafes to savour – to the sporting with the iconic WIN Stadium, home to a myriad of sporting events. Wollongong golf club with its brand new clubhouse is a challenging and picturesque 18 hole traditional links course, following the contours of the ocean. The coastline also provides boundless opportunities for diving, fishing, yachting, boating and whale and dolphin watching. In conclusion, Wollongong offers excellent investment opportunities for the property investor (as can be seen by the example of the brand new Best Western Wollongong development on the opposite page). With only limited space available and ever increasing demand, Wollongong offers outstanding prospects for strong capital appreciation and growth.   Information Supplied by: Maurice Watson The Property Investment Company Phone:            +61 2 9387 7744 (from Outside Australia)             1800 770 114 Toll Free (within Australia) Email: mauricewatson@bigpond.com Website: www.investconstruct.com.au