Bexley North Market Update 1 st H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q1 2026, Bexley North* recorded a median house price of $1,856,000, and a median unit price of $837,500. This represents annual (Q1 2025 – Q1 2026) median price softening of -2.8% for houses and -3.2% for units. Total sales decreased by -12.2% (to 36 for houses in Q1 2026) and increased by 3.3% for units (to 31 sales in Q1 2026). There is a unique opportunity in the residential market in Bexley North* currently, with the median house price and unit price softening; most likely due to cash rate hikes in early 2026. That said, with very limited new housing stock in the pipeline, this will not last. Thus, buyers and investors looking to enter the market must act fast.
CHANGE FROM LAST
YEAR
Bexley North will see approximately $32.8M of new projects commence construction between 2024 and 2026.
Residential
HALF YEAR
Commercial
$9.7M
$15.2M
HOUSE SALE S HOUSE ME DIAN PRICE
Mixed-Use Projects $6.9M Infrastructure
HOUSE RE NTAL PRICE
$1.1M
UNIT SALE S
Commercial and mixed-use projects will stimulate economic growth and create new jobs in Bexley North. This can have a spill-over impact on the real estate market, in terms of higher demand for housing stock.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
$
A key commercial project is Earlwood Bardwell Park RSL Club Refurbishment. This will improve local entertainment services for residents.
MARKET CONDITIONS
Between 2024-2026, Bexley North* is set to create new supply, such as:
MEDIAN PRICE Q1 2026
$1.8M
$837K
MEDIAN PRICE Q1 2026
$980
SALES
AVERAGE DAYS ON MARKET Q1 2026
48
44
HOUSE
U N I T
RENTALS
$670
AVERAGE DAYS ON MARKET Q1 2026
22
15
HOUSE
U N I T
•
Shaw Street (11 Apartments)
•
54 Caledonian Street (8 Dwellings)
•
Gipps Street (4 Townhouses)
The incoming supply of ready-to-go will aid in answering demand. However, with 36 house sales in Q1 2026 this is not enough. Thus, a property price recovery is possible in 2026.
4 Townhouses
14 Units/ Apartments
11 Dwellings