Liverpool Market Update 1 st H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q1 2025, Liverpool* recorded a median house price of $1,100,000 and a median unit price of $585,000. This represents annual (Q1 2024 – Q1 2025) growth of 10.0% for houses and 8.9% for units. Comparing Q1 2024 and Q1 2025, total sales softened by -18.2% (to 489 sales in Q1 2025) for houses and by -8.1% (to 306 sales in Q1 2025) for units. There is an undersupply in the market, which has created a buffer against higher interest rates and resulted in price growth. This suggests now is an ideal time for owners to capitalise on their investments and sell. There are several ready-to-sell stock (houses, units, townhouses) planned for 2025; however, this will take time to develop. Thus, in the short term, further price growth is expected.
CHANGE FROM LAST
YEAR
Liverpool£ plans to see approximately. $3.0B of new projects commencing construction in 2025. Commercial $304.5M Residential $501.5M
HALF YEAR
HOUSE SALE S
Mixed-Use Projects $1.5B
HOUSE ME DIAN PRICE
Industrial $61.1M Infrastructure $651.3M
HOUSE RE NTAL PRICE Residential and Mixed-Use projects set to commence in 2025 include:
UNIT SALE S
•
164-170 Croatia Avenue Apartments (598 Apartments)
UNIT RE NTAL PRICE
•
28 Elizabeth Street Illoura Place Apartments & Commercial Development (312 Apartments)
$
•
Bernera Road & Soldiers Parade Dwellings (137 Dwellings)
•
280 Fifth Avenue & Kelly St Dwellings & Residential Subdivision Stages 1A – 2 (54 Dwellings & 58 Lots)
•
Campbelltown Road Townhouses Stage 3 (71 Townhouses)
UNIT ME DIAN PRICE
MARKET CONDITIONS MEDIAN PRICE Q1 2025
$1.1M
$585K
MEDIAN PRICE Q1 2025
$720
SALES
AVERAGE DAYS ON MARKET Q1 2025
57
74
HOUSE
U N I T
RENTALS
$570
The Liverpool area has a significant amount of ready-to-go stock planned, This will take time to build, but in the long term it will assist with ensuring a more sustainable price growth.
AVERAGE DAYS ON MARKET Q1 2025
23
22
HOUSE
U N I T
2098 Units/ Apartments
118 Townhouses
527 Dwellings
3195 Lots