Ingleburn Market Update 1 st H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q4 2024, Ingleburn* recorded a median house price of $1,050,000 and a median unit price of $585,000. This is a 12-month (Q4 2023 - Q4 2024) price growth of 20.7% for houses and 4.5% for units. Comparing Q4 2023 and Q4 2024, total sales declined by -25.1% for houses (to 328 sales in Q4 2024) and by -7.1% for units (to 118 sales in Q4 2024). This confirms there is an undersupplied market, particularly for houses, which creates a buffer against higher interest rates. With continuous price growth, this is an ideal opportunity for owners to capitalise on investments. There is a significant amount of new stock planned; however, this will take time to build.
CHANGE FROM LAST
YEAR
Ingleburn£ will see approximately $1.7B of new projects commencing construction in 2025.
Commercial Residential $314.1M $399.5M
HALF YEAR
HOUSE SALE S
Mixed-Use Projects $809.0M
HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE
UNIT ME DIAN PRICE
•
1 Bugden Place Mixed Use Buildings Stages 1 & 2 (761 Apartments)
•
22-23 Queen Street Mixed Use Development (558 Apartments)
•
62 Central Avenue Appartements – Oran Park Residential Buildings 3A & 3B (177 Apartments)
•
Tranche 26 Oran Park Dwellings & Residential Subdivision Stages 1-3 (73 Dwellings & 59 Residential Lots)
UNIT RE NTAL PRICE
$ MARKET CONDITIONS
$1.05M
MEDIAN PRICE Q4 2024
$700
SALES
$585K
AVERAGE DAYS ON MARKET Q4 2024
45
49
HOUSE
U N I T
RENTALS
$500
Infrastructure $103.5M
There are multiple residential and mixed-use projects planned for 2024 that will help boost supply, including:
UNIT SALE S
MEDIAN PRICE Q4 2024
Industrial $77.5M
There is a significant amount of incoming ready-to-go supply in the pipeline. This will be greatly beneficial in answering current demand and will assist in ensuring a more sustainable price growth in the Ingleburn area.
AVERAGE DAYS ON MARKET Q4 2024
25
22
HOUSE
U N I T
1,678 Units/ Apartments
569 Dwellings
1,179 Lots