Coffs Harbour Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Coffs Harbour* recorded a median house price of $850,000, and a median unit price of $591,250. This is an annual (Q3 2024 – Q3 2025) price growth of 3.3% for houses and 1.1% for units. Comparing Q3 2024 – Q3 2025, sales increased by 5.6% (to 245 sales in Q3 2025) for houses and by 48.6% (to 156 sales in Q3 2025) for units. This suggests a highly demanded market, creating a buffer against higher interest rates – thus price growth. Now is an ideal time for owners to capitalise on their investments. Without any new houses planned for 2025, prices are expected to increase in the short term. Thus, buyers must act fast.
CHANGE FROM LAST
YEAR
Coffs Harbour will see approximately $186.7M of new projects commence construction in 2025. Residential $22.8M
HALF YEAR
Projects $45.0M Infrastructure
HOUSE ME DIAN PRICE
$87.5M
HOUSE RE NTAL PRICE
A focus on infrastructure and mixed-use projects will stimulate the economy through local job creation and improving liveability for residents. This can increase demand for housing, impacting the real estate market.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
A key project in 2025 in Coffs Harbour* is the Coffs Harbour Jetty Foreshore Precinct ($76M). A State Government project, this will create new jobs during the construction phase and improve recreation facilities for residents.
$
Coffs Harbour* will see new residential supply added in 2025. These include:
MARKET CONDITIONS
$850K
MEDIAN PRICE Q3 2025
$700
SALES
$591K
AVERAGE DAYS ON MARKET Q3 2025
72
86
HOUSE
U N I T
RENTALS
$565
$23.1M
Mixed-Use
HOUSE SALE S
MEDIAN PRICE Q3 2025
Commercial
•
Harbour Drive Mixed Use (39 units)
•
Market Street (20 Apartments)
•
298 & 240 Veduta Road (29 lots)
Although there are several new stock planned, compared to Q3 2025 sales, it is not enough to answer demand. Thus, property prices will continue to rise.
AVERAGE DAYS ON MARKET Q3 2025
23
27
HOUSE
U N I T
122 Units/ Apartments
29 Lots
17 Townhouses