Clarence Market Update 2 nd H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2026, Clarence* recorded a median house price of $803,000, and a median unit price of $618,000. This is an annual (Q2 2025 – Q2 2026) price growth of 10.2% for houses whilst unit prices have held stable. Between Q2 2025 – Q2 2026 sales has declined, by -20.8% for houses (to 198 sales in Q2 2026) and by -16.9% for unit sales (to 64 sales in Q2 2026). The house and unit market is undersupplied, which creates a buffer against multiple cash rate hikes in 2026. Thus, now remain an ideal opportunity for owners to capitalise on their investments. The incoming supply of ready-to-go stock for 2026 will aid in answering some of the demand, however not all. This will still benefit owners, whilst also creating more options for buyers.
CHANGE FROM LAST
YEAR
Clarence£ will see approximately $206.7M of new developments due to commence construction in 2026**. Residential $16.2M Commercial
HALF YEAR
$500.0K
HOUSE SALE S
$70.7M
Mixed Use
HOUSE ME DIAN PRICE
Infrastructure
$117.2M
HOUSE RE NTAL PRICE UNIT SALE S
There are several residential and mixed-use projects planned for 2026 that will help boost supply, including:
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
$ MARKET CONDITIONS MEDIAN PRICE Q2 2026
$803K
$619K
MEDIAN PRICE Q2 2026
$620
SALES
AVERAGE DAYS ON MARKET Q2 2026
48
41
HOUSE
U N I T
RENTALS
$550
•
Kangaroo Bay Boulevard Precinct Mixed Use (86 Dwellings)
•
2A Ringwood Road & South Arm Lauderdale (5 Units & 4 Dwellings)
•
6 Paige Court Residential & Community Development (10 Townhouses)
•
24 & 26 Yachtmans Way Units & Shops (13 Units)
The incoming supply of new ready-togo houses will aid in meeting some demand; although when compared to Q2 2026 sales of 198 houses sold it is still not enough. This will maintain the current price growth in the area but also provide buyers with options.
AVERAGE DAYS ON MARKET Q2 2026
17
15
HOUSE
U N I T
10 Townhouses
52 Units/ Apartments
101 Dwellings