Kyneton Market Update 2 nd H a l f 2 0 2 6
OVERVIEW
In Q2 2026, Kyneton* recorded a median house price of $915,000 and a median vacant land price of $418,000. This represents an annual (Q2 2025 - Q2 2026) price growth of 6.4% for houses and 5.1% for vacant land. When comparing Q2 2025 and Q2 2026 house sales declined by -25.5% (to 35 sales in Q2 2026), confirming an undersupplied house market in Kyneton*. This has helped support price growth even with cash rate hikes in 2026. Thus, now remains an ideal time for owners to transact and capitalize on their investments. The vacant land market is extremely small (with only 6 sales in Q2 2026) and there is no indication of new vacant land lots being created in 2026. This suggests continuous price growth in the short-term.
CHANGE FROM LAST
YEAR
FUTURE D E V E L O P M E N T S **
Kyneton£ plans to see approximately $96.5M of new projects commencing construction from 2026 onwards. Residential Industrial $2.5M $3.0M
Commercial
HALF YEAR
$9.0M
HOUSE S ALE S
Mixed-Use
HOUSE ME D IAN PRICE
$79.6M
HOUSE RE NTAL PRICE
LAND SALE S
A major mixed-use project in 2026 is the 67 Simpson Street Embracia Aged Care Facility – Stage 2 ($40.0M), which will deliver a 126-bed facility, along with offices and cafés.
LAND ME D IAN PRICE
Another key mixed-use project is at Edgecombe Road, delivering a childcare centre, indoor recreation facility, warehouse, and retail premises.
$
MARKET CONDITIONS MEDIAN PRICE Q2 2026
$915K
$418K
MEDIAN PRICE Q2 2026
$645
SALES
AVERAGE DAYS ON MARKET Q2 2026
90
HOUSE
RENTALS
$435 (Q1 2026)
304
U N I T
AVERAGE DAYS ON MARKET Q2 2026
24
HOUSE
25
U N I T (Q1 2026)
Combined with several other mixeduse projects, this will stimulate the local economy and create more jobs. This can have a spill-over impact on real estate, resulting in higher demand for housing stock. Key residential projects include: •
38 Victoria Street (3 Dwellings)
•
73 Powlett Street (4 Dwellings)
Two residential projects will deliver just 7 dwellings. This will not meet the demand, as there were 178 house sales in 2025. The current undersupply will continue, and more house price growth is expected for the rest of 2026.
7 Dwellings