IRIS Research's latest quarterly Illawarra Real Estate report shows further growth in the median house and unit prices in the Wollongong Statistical District (WSD) with Kiama leading the way.

In the year to June 2014, house prices in Wollongong grew 6.7 per cent, to $475,000), Shellharbour was up 5.4 per cent to $410,000, Kiama up 7.7 per cent to $595,000), Wingecarribee up 3.8 per cent to $423,000) and Shoalhaven up 6.1 per cent to $350,000. 

Property prices for medium-high density homes also continued to increase.

In the year to June 2014  Wollongong was up 10.1 per cent to $380,000), Shellharbour was up 9.4 per cent to $349,500) Kiama  was up 14.5 per cent to $430,000), Wingecarribee up 22.7% to $460,000) and and Shoalhaven went up 0.1 per cent to $263,750.