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PRD Dapto Market Update 1st Half 2025

Page 1

Dapto Market Update 1 st H a l f 2 0 2 5

FUTURE DEVELOPMENTS

OVERVIEW

In Q1 2025, Dapto* recorded a median house price of $830,000 and a median unit price of $740,000. This represents an annual (Q1 2024 – Q1 2025) price growth of 2.5% for houses and 18.4% for units. Comparing Q1 2024 and Q1 2025, total sales increased by 11.3% (to 168 sales in Q1 2025) for houses and by 115.8% (to 41 sales to Q1 2025) for units. This confirms a highly demanded market, with Q1 2025 sales figures hitting record high. This created a buffer against higher interest rates and underpinned the high price growth, particularly for units. Now is an ideal time for owners to capitalise on their investments. The gap between median house and unit prices are closing, thus now is an ideal time for unit buyers to act.

CHANGE FROM LAST

YEAR

Dapto£ plans to see approx.. $353.4M of new projects commencing construction between2025 and 2026.

Commercial $57.0M

HALF YEAR

Residential $189.2M

HOUSE SALE S

Infrastructure

$82.5M

HOUSE ME DIAN PRICE Mixed-Use

HOUSE RE NTAL PRICE

$20.9M There are several residential & mixeduse projects in Dapto, set to commence construction in 2025 and 2026. These include but are not limited to:

UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$ MARKET CONDITIONS MEDIAN PRICE Q1 2025

$830K

$740K

MEDIAN PRICE Q1 2025

$680

SALES

AVERAGE DAYS ON MARKET Q1 2025

38

37

HOUSE

U N I T

RENTALS

$600

91A Byamee Street (14 Townhouses and 57 Apartments)

98-100 & 102-110 Princes Highway Mixed Use (52 Apartments)

Bong Bong & Cleveland Roads Subdivision (187 Residential Lots)

Lot 501 Tharawal Drive (50 Dwellings)

The new ready-to-sell housing stock in the pipeline will assist with answering market demand, which can create a more sustainable price growth. That said, the number of houses planned is not enough (when compared to the number of sales in Q1 2025), and land lots require time to develop. Thus, in the short-term, higher prices are likely.

AVERAGE DAYS ON MARKET Q1 2025

18

17

HOUSE

U N I T

109 Units/ Apartments

17 Townhouses

50 Dwellings

885 Lots


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PRD Dapto Market Update 1st Half 2025 by PRD Real Estate - Issuu