A quick look at what’s happening across the region — and what’s next for The Heartwood.
The Illawarra at a Glance
The Illawarra region continues to be one of NSW’s most exciting growth corridors, offering the perfect blend of coastal living, connected communities and long-term investment potential. With its stunning natural landscapes, thriving employment hubs, and easy access to Sydney, the region’s appeal to families, downsizers, and investors alike has never been stronger.
Over the coming decades, the Illawarra is set for significant transformation and expansion:
- Population Growth: The region’s population is projected to increase by approximately 129,500 people between 2024 and 2041, outpacing growth across the rest of NSW.
- Housing Demand: To support this growth, more than 18,800 new homes will need to be delivered in the next five years alone — creating strong demand for well-located land estates and new communities.
- Major Infrastructure Investment: The 2024–25 NSW Budget allocated substantial funding to the Illawarra–Shoalhaven region, including $781.9 million for a new hospital and health facility, $390 million for the Mount Ousley Interchange upgrade, and a series of transport, health and community projects that will shape the region’s future.
Together, these projects will strengthen connectivity, boost employment, and enhance liveability — making the Illawarra one of the most dynamic and promising areas for new development.
Why the Illawarra Is a Smart Investment
It’s not just the lifestyle that’s driving interest. The Illawarra’s property market continues to show resilience and long-term value.
- Property Growth: Median house prices have risen over 25% in the past three years and 49% just in the last 12 months, reflecting strong buyer confidence.
- Rental Demand: Vacancy rates remain below 1%, indicating exceptional rental demand and consistent returns for investors.
- Infrastructure-Driven Value: With key projects such as the Albion Park Bypass and West Dapto Link Road improving access and connectivity, the region is set for sustainable long-term growth.
For buyers and investors, the Illawarra represents a rare opportunity — a place where lifestyle and investment potential meet in perfect balance.
The Heartwood Update: Construction on Stage 1 Commences January 2026
Closer to home, exciting progress is underway at The Heartwood, one of Dapto’s most anticipated new communities.
- Site works and construction of Stage 1 are scheduled to commence in early 2026.
- Land registration is anticipated for mid-2027, paving the way for the first homes to take shape soon after.
- Quarterly construction updates will be shared to keep our community informed as the key millstones have been reached.
Looking Ahead
As the Illawarra continues to evolve, The Heartwood stands as a symbol of the region’s bright future — a place designed for families, investors and future generations to thrive.
To stay informed about construction milestones and future land releases, register your interest with The Heartwood team today.
