Finding commercial real estate

Wollongong Office Market Prospectus

FREE location guide to Wollongong's business benefits

Download now

A city transformed

In recent years Wollongong has experienced a 70 per cent uplift in premium, A-grade office accommodation, particularly in the CBD.

The city has a number of precincts offering various types of real estate, such as A-grade and B-grade offices, industrial and warehousing, and retail space.

All of these are well served by rail and road transport, and within close proximity to one of the nation’s biggest deep water ports, Port Kembla.

Choose Wollongong and you can:

1. Find the right talent

1. Find the right talent

Gain access to both high calibre graduates from the University of Wollongong and our commuting pool of 23,000 highly skilled white and blue collar workers.

2. Reduce operating costs

2. Reduce operating costs

With savings of up to 33% via lower average salaries, lower staff turnover and lower office rent, Wollongong can be a cost effective alternative to capital cities.

3. Be supported

3. Be supported

Wollongong has a thriving, supportive business community that includes active networks across private and government sectors.

4. Join leading brands

4. Join leading brands

NEC, Mercer, and Peoplecare are some of the established businesses already based in Wollongong, with a number of growing tech companies including Accelo and Easy Agile.

5. Enjoy A-grade offices

5. Enjoy A-grade offices

Wollongong’s commercial market is expanding thanks to a 36 per cent uplift in premium office space and another 25,000+sqm in the development pipeline.

6. Stay connected to Sydney

6. Stay connected to Sydney

Well linked by road, train and air, Wollongong is strategically located to both Sydney and Melbourne, meaning you’re never far from client or stakeholder meetings.

Office accommodation

The main precincts for professional offices in Wollongong are the central business district and the University of Wollongong’s Innovation Campus.

Professional services, shared services centres, tech businesses and finance and insurance companies make up a significant proportion of companies in our city.

Businesses in Wollongong CBD include Peoplecare, Probe, Easy Agile and numerous government organisations. Innovation Campus is home to companies including Objective, NEC and Accelo.

Start-ups and entrepreneurs

Alongside business and university research centres at the Innovation Campus is iAccelerate: a business accelerator and incubator facility, which has contributed greatly to our city’s entrepreneurial and creative spirit. iAccelerate residents include Allotrac, ExSitu and Me3D.

As well, Wollongong is home to the entrepreneurial focused co-working spaces, ZigZag Hub in Wollongong and WorkHub Coledale, while Regus provides serviced office space in the CBD.

Industry and energy

Industrial activity is strongly centred around the port of Port Kembla and suburbs of Unanderra and Coniston. Many large and specialist engineering, manufacturing and industrial companies operate in the Wollongong region, the most well-known being Bluescope. These businesses supply innovative technologies, products and services all over the world.

This area is an emerging hub for clean and low-carbon energy – particularly green hydrogen – and is rapidly growing in infrastructure and expertise as a slated hydrogen hub. There are currently two energy projects in development that will integrate clean hydrogen, whilst Wollongong is set to become home to the nation’s first hydrogen fuelled heavy vehicles and commercial refuelling station in 2022.

Infrastructure and transport

Wollongong is a city with significant transport and infrastructure thanks to its long-standing industrial economy. Port Kembla is the city’s deep water port and the nation’s largest vehicular freight import terminal. Numerous businesses in the region utilise the port for export activities, such as armoured steel manufacturer Bisalloy. The area’s rail and energy infrastructure has been established to support the significant freight activity at Port Kembla.

Meanwhile, Wollongong is strategically located to Sydney airport, and to the new Western Sydney International (Nancy Bird Walton) airport – within one-hour of both. As well, the Illawarra Regional Airport provides daily flights to Melbourne and Brisbane, and is an easy 20-minute drive from Wollongong CBD.

Education and R&D

Wollongong is fortunate to be home to a globally recognised university, the University of Wollongong. It has two campuses in the city at Keiraville (main campus) and North Wollongong (Innovation campus). Both campuses support education and research and UOW has strong connections with businesses in Wollongong, including in tech, manufacturing and professional services.

Trade skills are supported by TAFE NSW which has four campuses in the city and its suburbs in Wollongong, North Wollongong, Dapto and Yallah.

New commercial office space

Prior to the COVID-19 pandemic, Wollongong CBD had seen an unprecedented level of investment and construction, including $1.6 billion of investment in recent years. With an additional 28,000 sqm of A-grade office space under construction or newly completed, there’s a number of brand-new properties ready to accommodate your businesses in Wollongong.

Lang's Corner

Lang's Corner

A landmark A-grade office development offering premium space at the lower end of Crown Street Mall (12,732 sqm GFA)

Gateway on Keira

Gateway on Keira

A newly completed A-grade office development on corner of Keira and Victoria Streets (5,200 sqm GFA)

Avante

Avante

A new mixed-use development on Regent Street offering A-grade office space overlooking the Wollongong CBD (5,500 sqm GFA)