Balgownie is a small suburb of Wollongong, New South Wales, Australia. Balgownie lies to the north-west of the Wollongong CBD. It stretches from the lower slopes of Mount Keira along the Illawarra escarpment to the base of the Broker's Nose promontory. To the east, Balgownie is bordered by the light industrial and commercial suburb of Fairy Meadow.