Skip to main content

PRD Beverly Hills Market Update 2nd Half 2025

Page 1

Beverly Hills Market Update 2 nd H a l f 2 0 2 5

FUTURE DEVELOPMENTS

OVERVIEW

In Q3 2025, Beverly Hills* recorded a median house price of $1,725,000 and a median unit price of $640,000. This represents an annual (Q3 2024 – Q3 2025) growth of 7.1% for houses and 1.6% for units. Comparing Q3 2024 and Q3 2025, total sales surged by 4.5% (to 70 sales in Q3 2025) for houses and grew by 11.4% (to 49 sales in Q3 2025) for units. This confirms a highly demanded market, which created a buffer against higher interest rates hence price growth. This suggests that now is an ideal time for owners to capitalise on their investments. That said, Q3 2025 median unit prices does signal a slight softening in the past 6 months (to Q3 2025), at -6.3%; which creates an opportunity for first home buyers to enter the market.

CHANGE FROM LAST

YEAR

Beverly Hills£ will see approximately $114.3M of new projects commencing construction between2024 and 2026. Residential

$17.0M

HALF YEAR

Mixed Use

$25.5M

HOUSE SALE S

Commercial

HOUSE ME DIAN PRICE

$66.0M

HOUSE RE NTAL PRICE A focus on commercial projects will improve services for residents whilst creating local jobs, stimulating local economic growth. A key project is the Narwee Parklands Seniors Housing. This will attract a new demographic to the area, as well as specialised jobs.

UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE

Residential and mixed-use projects to commence in 2024 and 2026 includes:

$ MARKET CONDITIONS MEDIAN PRICE Q3 2025

$1.3M

$765K

MEDIAN PRICE Q3 2025

$730

SALES

AVERAGE DAYS ON MARKET Q3 2025

49

35

HOUSE

U N I T

RENTALS

$585

892-906 Canterbury Road (50 Units)

35-37 Karne Street South & 71-83 Graham Road s (46 Dwellings)

47-51 Chapel Street (10 Townhouses)

The incoming supply of ready-to-go stock in the Beverly Hills area will aid in answering current demand, relatively like the number of sales in Q3 2025. The market is in a strong position, and a balanced housing stock mix will aid with a more sustainable property price growth in the long term.

AVERAGE DAYS ON MARKET Q3 2025

16

15

HOUSE

U N I T

10 Townhouses

91 Units/ Apartments

54 Dwellings


Turn static files into dynamic content formats.

Create a flipbook
PRD Beverly Hills Market Update 2nd Half 2025 by PRD Real Estate - Issuu