Wollongong luxury home with amazing ocean views sold after just two weeks on market

25 October 2023

A three-level luxury home touted to have one of the best views on the New South Wales’ South Coast has sold after just two weeks on the market.

The four-bedroom, three-bathroom house at 5 Hillcrest Road in Austinmer, a northern village of Wollongong in the Illawarra region, was purchased by a private buyer looking for a sea change, moving from a farm in Menangle, around 40 minutes northwest of Austinmer in the Macarthur Region.

It was sold by Wollongong’s Mortgage Success founders and owners Katrina and John Rowlands, who had owned it for more than two decades, following a marketing campaign run by Knight Frank’s Nathan Berlyn.

The price was in line with the guide of $4 million.

The 305sq m Austinmer house sits on a 626sq m block and has been designed across three levels, with a multitude of living and entertaining spaces, a four-car garage and a two-bedroom self-contained apartment incorporated into the floorplan.

The upper level, which has the kitchen and butler’s pantry and master suite, is the highlight of the home, boasting soaring pitched ceilings with exposed beams, stunning timber flooring, open plan living and expansive picture windows, revealing uninterrupted panoramic views of the ocean and coastline.

The two-bedroom self-contained apartment is on the middle level, and features a full kitchen and butler’s pantry, a modern bathroom and stunning 180 degree ocean views via an enclosed balcony.

The lower level features another large versatile space with a bathroom, fourth bedroom, and expansive deck for quality entertaining.

Mr Berlyn said the property had first hit the market last year but failed to sell, however the campaign run by Knight Frank secured a buyer within two weeks.

“We had strong buyer interest during that time, but the eventual buyer had the standout offer,” he said.

“The buyer was looking for a sea change, and the amazing panoramic ocean views provided by this home offered premium coastal living and made them fall in love with it.

“In addition to the views, buyers were drawn to the multiple living spaces in the home, including the self-contained level, which worked for families with older children finishing school.

“They also liked the low maintenance external areas of the home, which allowed for more of a lock up and leave.

Mr Berlyn said the transaction was a standout sale for the upper end of the market, surpassing some recent waterfront sales in the area.

“Demand for luxury residential homes is still strong, with this end of the market less impacted by interest rates,” he said.

“Waterfront homes in particular are always sought after, and command a premium above non-waterfront homes.”

Austinmer is just an hour from Sydney, and 19 minutes from the Wollongong CBD by car, with the train station also within walking distance.

There is plenty of amenity nearby including upmarket cafes and boutique shops in Austinmer Village, with the property also close to Herah’s Beach and Austinmer Beach, as well as the ocean pools.

Thirroul’s chic cosmopolitan village is also minutes away, and for kids, there are numerous playgrounds in walking or riding distance, with Austinmer Public School just a short stroll from home.