Kogarah Market Update 1 st H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q1 2026, Kogarah* recorded a median house price of $1,775,000 and a median unit price of $760,000. This is an annual (Q1 2025 – Q1 2026) median price softening of -5.1% for houses and a 5.6% growth for units. Comparing Q1 2025 – Q1 2026, sales decreased by -16.2% for houses (to 62 sales in Q1 2026) and by -8.1% for units (to 194 sales in Q1 2026). The unit market is in high demand, which has created a buffer against higher interest rates; hence price growth. Thus, buyers are encouraged to take advantage of the price softening in the Kogarah* house market. Buyers must act quick, as there is limited dwelling stock coming to the market in 2026, thus prices will rise.
CHANGE FROM LAST
YEAR
Kogarah is set to see approximately $433.5M worth of new projects commencing in 2026.
Industrial $12.2M Residential
HALF YEAR
$65.3M
HOUSE SALE S
Mixed-Use
HOUSE ME DIAN PRICE
Projects
HOUSE RE NTAL PRICE
$343.4M
UNIT SALE S There are multiple residential and mixed-use projects in Kogarah* planed for 2026. They include:
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
$ MARKET CONDITIONS MEDIAN PRICE Q1 2026
$1.78M
$760K
MEDIAN PRICE Q1 2026
$980
SALES
AVERAGE DAYS ON MARKET Q1 2026
49
46
HOUSE
U N I T
RENTALS
$800
AVERAGE DAYS ON MARKET Q1 2026
24
16
HOUSE
U N I T
•
75-85 Railway Street Units & Commercial (140 Units)
•
54 & 56 Caledonian Street (8 Dwellings)
•
Stanley Street & Princess Highway (112 Apartments)
•
1A Willison Road (32 units)
•
1-7 Brownds Road (55 apartments)
Although there are several ready-tosell housing stock planned, most of the incoming stock is units; there is only 8 stand-alone houses/dwellings in the pipeline. This will not be enough, when compared to Q1 2026 sales (62 house sales). Thus, house buyers must rely on current available stock, and most likely re-route their budget to the unit market. As a result, both house and unit prices are expected to increase.
8 569 Units/ Apartments
Dwellings