Kingsgrove Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Kingsgrove* recorded a median house price of $1,890,000, and a median unit price of $663,000. This represents annual (Q3 2024 – Q3 2025) median price growth of 6.7% for houses and a slight softening of -1.8% for units. Comparing Q3 2024 and Q3 2025, sales increased by 13.3% for houses (to 153 sales in Q3 2025) and by 9.0% for units (to 97 sales in Q3 2025). Housing stock is highly demanded, which created a buffer against higher interest rates – especially for houses. Thus, now is an ideal time for house owners to capitalise on their investments. With little ready-to-go housing stock planned in 2025, buyers must act fast.
CHANGE FROM LAST
YEAR
Kingsgrove is set to see approximately $18.2M of new projects commence construction between 2025 and 2026. Residential $1.2M Mixed-Use
HALF YEAR
$3.0M
HOUSE SALE S
Infrastructure $2.7M
HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE
Commercial $9.0M
Industrial $2.3M
UNIT SALE S
There are multiple projects planned for 2025 and 2026 in Kingsgrove*, most of which are commercial. These include:
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
MARKET CONDITIONS
$1.89M
$663K
MEDIAN PRICE Q3 2025
$850
SALES
AVERAGE DAYS ON MARKET Q3 2025
44
47
HOUSE
U N I T
RENTALS
$650
Kingsway Boarding House
•
Abril Roselands Industrial Units
The diverse array of projects planned for Kingsgrove* will provide the local area with economic stimulation, boosting income through local job creation, and improved infrastructure. This can drive the demand for more housing stock.
$ MEDIAN PRICE Q3 2025
•
AVERAGE DAYS ON MARKET Q3 2025
21
20
HOUSE
U N I T
There are two projects planned that are due to provide new housing stock: •
Canterbury Road Mixed Use Development (23 Apartments/Retail)
•
Martin Street Dwellings (4 Dwellings)
The incoming supply of ready-to-go units and houses will assist with some of current demand. However, comparing Q3 2025 sales (153 for houses and 97 for units) this will not be enough. This can lead to an undersupply in the market, which suggests higher property prices. Thus, buyers must act fast.
4 23 Units/ Apartments
Dwellings