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PRD Lismore Market Update 2nd Half 2025

Page 1

Lismore Market Update 2 nd H a l f 2 0 2 5

FUTURE DEVELOPMENTS

OVERVIEW

In Q3 2025, Lismore* (which in this report encapsulate sales and rental data for all Lismore Local Government Area) recorded a median house price of $695,000 and a median unit price of $540,000. This is an annual (Q3 2024 – Q3 2025) median price surge of 20.9% for houses and 25.6% for units. Comparing Q3 2024 and Q3 2025, total sales grew by 44.4% for houses (to 299 sales in Q3 2025) and by 146.2% for units (to 64 sales in Q3 2025). This confirms robust demand for both property types, which has created a buffer against higher interest rates, hence continued price growth. Now is time for owners to capitalise on their investments.

CHANGE FROM LAST

YEAR

Lismore* is set to see approximately $30.7M of new projects commencing construction in 2025.

Residential $4.6M

HALF YEAR

Mixed-Use

Commercial $7.5M

$2.1M

HOUSE SALE S

Industrial

HOUSE ME DIAN PRICE

Infrastructure

HOUSE RE NTAL PRICE

$13.8M

UNIT SALE S

$2.7M

A key commercial project is Lismore Central Shopping Centre Facade Refurbishment ($3.5M), which will improve the external facade of the shopping centre for current residents.

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

Key residential projects include:

$ MARKET CONDITIONS MEDIAN PRICE Q3 2025

$695K

$540K

MEDIAN PRICE Q3 2025

$700

SALES

AVERAGE DAYS ON MARKET Q3 2025

81

100

HOUSE

U N I T

RENTALS

$550

Hidden Valley Estate Stage 3 (34 Lots)

45 William Blair Avenue (5 Units)

1 Southern Cross Terrace Dwellings (4 Dwellings)

65 Acacia Avenue Units (4 Units)

Some ready-to-sell stock is planned in 2025, mostly units. With Q3 2025 sales at 299 houses and 64 units, supply remains insufficient. Land lots will take time to develop, so shortterm undersupply will continue to push prices higher.

AVERAGE DAYS ON MARKET Q3 2025

20

19

HOUSE

U N I T

9 Units/ Apartments

4 Dwellings

34 Lots


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