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flag Illawarra land values dipped in 2025, but house prices stay above $1M; industrial land surged due to redevelopment.

flag Residential land values in Wollongong, Shellharbour, and Kiama slipped modestly in 2025, easing from pandemic peaks. flag House prices remain above $1 million since structures aren’t counted in land valuations. flag Industrial land, meanwhile, jumped—driven by redevelopment projects like BlueScope’s—shaping future council rates across the region.

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