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PRD Clarence Market Update 1st Half 2026

Page 1

Clarence Market Update 1 st H a l f 2 0 2 6

FUTURE DEVELOPMENTS

OVERVIEW

In Q4 2025, Clarence* recorded a median house price of $795,000, and a median unit price of $652,500. This is an annual (Q4 2024 – Q4 2025) price growth of 6.0% for houses and 9.7% for unit. House sales increased between Q4 2024 – Q4 2025, by 19.2% (to 261 sales in Q4 2025); however, softened for units, by -26.7% (to 55 sales in Q4 2025). Houses and units are highly demanded in Clarence*, and lower interest rates have helped stimulate price growth. Thus, now is an ideal opportunity for owners to capitalise on their investment, particularly for units. There are several residential projects planned in 2026; however, these will take time to build.

CHANGE FROM LAST

YEAR

Clarence will see approximately $425.4M of new projects commence construction in 2026.

Residential $36.9M

Industrial $20.2M

HALF YEAR

Mixed Use

HOUSE SALE S

$129.9M Infrastructure

HOUSE ME DIAN PRICE

$229.8M

HOUSE RE NTAL PRICE

UNIT SALE S The majority of 2026 development in Clarence LGA is infrastructure, which will improve liveability for residents. There are residential and mixed-use projects that will boost supply, such as:

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$ MARKET CONDITIONS SALES

MEDIAN PRICE Q4 2025

$795K

$653K

MEDIAN PRICE Q4 2025

$612

AVERAGE DAYS ON MARKET Q4 2025

37

39

HOUSE

U N I T

RENTALS

$510

Kangaroo Bay Boulevard Precinct Mixed Use (86 Dwellings)

74 Sugarloaf Road (15 Units)

91 & 93 Pass Road Subdivision Stages 1 – 10 (130 Residential Lots)

6 Paige Court (10 Townhouses)

There are several ready-to-sell stock in the 2026 pipeline but compared to Q4 2025 sales (261 houses & 55 units) this is still not enough. Further, these will take time to construct. Thus, in the short term a potential undersupply is expected, pushing up prices further.

AVERAGE DAYS ON MARKET Q4 2025

17

16

HOUSE

U N I T

69 Units/ Apartments

13 Townhouses

117 Dwellings

176 Lots


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