Coffs Harbour Market Update 1 st H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q1 2026, Coffs Harbour* recorded a median house price of $950,000 and a median unit price of $640,750. This is an annual (Q1 2025 – Q1 2026) price growth of 14.5% for houses and 4.4% for units. Comparing Q1 2025 – Q1 2026, sales decreased by -15.6% (to 205 sales in Q1 2026) for houses and increased by 8.2% (to 119 sales in Q1 2026) for units. Overall, there is a highly demanded market, creating a buffer against higher interest rates in 2026 – thus continuously stimulating price growth. Thus, now remains an ideal time for owners to capitalise on their investments given the rapidly growing selling price of properties in Coffs Harbour*.
CHANGE FROM LAST
YEAR
Coffs Harbour will see approximately $256.0M of new projects commence construction in 2026. Commercial $28.2M Industrial $11.3M
HALF YEAR
Residential $151.4M
HOUSE SALE S HOUSE ME DIAN PRICE
Infrastructure $18.6M Mixed-Use Projects $46.6M
HOUSE RE NTAL PRICE Coffs Harbour* will see a broad mix of projects commencing construction in 2026. While most of the value will come from residential projects, the broad mix of development types will bring jobs to Coffs Harbour, improve liveability, and support the local economy.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Coffs Harbour* will see new residential commencing in 2026. These include:
$ MARKET CONDITIONS MEDIAN PRICE Q1 2026
$950K
$640K
MEDIAN PRICE Q1 2026
$720
SALES
AVERAGE DAYS ON MARKET Q1 2026
66
59
HOUSE
U N I T
RENTALS
$550
•
69-73 Ocean Parade (80 Units)
•
290- 290A North Boambee Road Residential Subdivisions (259 Lots)
•
5 Beach Street (14 Townhouses and 9 Apartments)
Although there are several residential projects, compared to 205 house sales in Q1 2026, this is not enough. The new residential stock is dominated by land lots which will take time to develop. Thus, an undersupply is expected to continue; pushing up property prices.
AVERAGE DAYS ON MARKET Q1 2026
23
21
HOUSE
U N I T
163 Units/ Apartments
63 Townhouses
14 819 Lots
Dwellings