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PRD Kyogle Market Update 1st Half 2026

Page 1

Kyogle Market Update 1 st H a l f 2 0 2 6

FUTURE DEVELOPMENTS

OVERVIEW

In Q4 2025, Kyogle* recorded a median house price of $652,500 and a median vacant land price of $300,000. This represents an annual (Q4 2024 – Q4 2025) price growth of 20.8% for houses and 20.0% for vacant land. Comparing Q4 2024 and Q4 2025, total sales increased by 3.8% for houses (to 27 sales in Q4 2025) and surged by 50.0% for vacant land (to 6 sales in Q4 2025). This indicates strong demand for both property types. Combined with lower interest rates in 2025, this has contributed to continued price growth. Thus, now is an ideal opportunity for owners to capitalise on their investments. Without any new houses in the horizon (only 3 units planned from 2022 onwards), buyers must act fast.

CHANGE FROM LAST

YEAR

Kyogle£ plans to see approximately $25.6M of new projects commencing construction from 2022onwards. Residential $877.0K

HALF YEAR

HOUSE SALE S

Infrastructure $24.6M

HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE

96.1% of projects planned in Kyogle£ from 2022 onwards are governmentled infrastructure initiatives, which will improve transportation accessibility and generate new jobs. This potentially attracts more people to live in Kyogle£, thus driving up demand for housing.

LAND SALE S LAND ME DIAN PRICE

$ MARKET CONDITIONS MEDIAN PRICE Q4 2025

$652K

$300K

MEDIAN PRICE Q4 2025

$500

SALES

AVERAGE DAYS ON MARKET Q4 2025

85

154

HOUSE

L A N D

RENTALS

$385

AVERAGE DAYS ON MARKET Q4 2025

27

9

HOUSE

U N I T

A key development is the Mahoneys Lane No.1 Bridge project ($1.8M), which will replace the timer bridge with a durable concrete structure. There are several other similar projects, funded by the Government’s Fixing Country Bridges Program. Other projects include: •

40 Howard Court Units (Residential, $876K, 3 units)

43 Roxy Lane Vehicle Repair Station Conversion (Commercial, $120K)

There is only one residential project in the pipeline, due to add 3 units. This is not enough to satisfy Q4 2025 sales, of 27 sales. A housing undersupply is likely, which will push up house prices.

3 Units/ Apartments


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PRD Kyogle Market Update 1st Half 2026 by PRD Real Estate - Issuu