Kyogle Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Kyogle* recorded a median house price of $505,500 and a median vacant land price of $371,250. This represents an annual (Q2 2024 – Q2 2025) price softening of -5.6% for houses but a strong 19.8% growth for vacant land. Comparing Q2 2024 and Q2 2025, house sales declined by -12.2% (to 36 sales in Q2 2025) while land sales surged by 66.7% (to only 5 sales in Q2 2025). This reflects strong demand for land, thus, an opportunity for landowners to capitalise on their investments. The small dip in median house price is an opportunity for first home buyers to enter the market. With no new housing supply expected in the coming years, buyers must act fast before house prices recover.
CHANGE FROM LAST
YEAR
Kyogle£ plans to see approximately $23.9M of new projects commencing construction between 2022 and 2028. Residential $877.0K
HALF YEAR Infrastructure
HOUSE SALE S
$22.9M
HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE 95.8% of projects planned in Kyogle£ between 2022-2028 are governmentled infrastructure initiatives, which will improve transportation accessibility and generate new jobs. This potentially attracts more people to the area, thus driving up housing demand.
LAND SALE S LAND ME DIAN PRICE
A key development is the Mahoneys Lane No.1 Bridge project ($1.8M), which will replace the timber bridge with a durable concrete structure. There are several other similar projects, funded by the Government’s Fixing Country Bridges Program.
$ MARKET CONDITIONS MEDIAN PRICE Q2 2025
$505K
$371K
MEDIAN PRICE Q2 2025
$450
SALES
AVERAGE DAYS ON MARKET Q2 2025
79
50
HOUSE
L A N D
RENTALS
$375
AVERAGE DAYS ON MARKET Q2 2025
19
6
HOUSE
U N I T
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 in the 2022–2028 pipeline, due to add 3 units. This is far below demand and not enough to satisfy Q2 2025 sales. This will intensify housing undersupply and drive up prices, for all property types.
3 Units/ Apartments