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PRD Liverpool Plains Market Update 1st Half 2025

Page 1

Liverpool Plains Market Update 1 st H a l f 2 0 2 5

OVERVIEW

In 2024, Liverpool Plains* recorded a median house (residential homes with acreage under 5 acres) price of $356,500 and a median vacant land (house block size) price of $120,000. This represents continues growth in the past 5 years, with 2024 signifying an 18.8% median house price growth and 39.5% median vacant land growth, as well as market peak prices. The number of house and land sales have declined steadily, with 2024 sales being the lowest thus far, representing a decline of -25.6% (to 128 sales in 2024) for houses and -53.6% (to 13 sales in 2024) for vacant land. This confirms an undersupplied market, which created a buffer against higher interest rates (hence price growth). Now is an ideal time for owners to sell.

CHANGE FROM LAST

5-YEARS

1-YEAR

FUTURE DEVELOPMENTS Liverpool Plains£ will see approximately $40.4M of new projects commencing construction between2023 and 2026.

Infrastructure

$12.5M Commercial

HOUSE SALE S

$27.9M

HOUSE MEDIAN PRICE

In 2025 most of the planned projects in Liverpool Plains and its surrounds are infrastructure and commercial. This improves services for residents and increase liveability, however, this does not create new housing stock.

LAND SALE S LAND ME DIAN PRICE

The main commercial development to commence is the 375 Inverkip Road Poultry Sheds ($17.8M). This project will assist with the agricultural industry in the region and will have a flow on effect through job creation and boost to the local community.

$ MARKET CONDITIONS MEDIAN PRICE 2024

$356K

$120K

MEDIAN PRICE 2024

$410

SALES

AVERAGE DAYS ON MARKET 2024

75

111

HOUSE

U N I T

RENTALS

$270

AVERAGE DAYS ON MARKET 2024

35

34

HOUSE

U N I T

The Willow Tree Gravel Extension ($7.0M) and 197 Mayne Street Motel ($2.0M) are other large commercial projects that will help create jobs in the region into the future and attract more people into the area. Some large infrastructure projects to commence include the Werris Creek Road Small Bridge Replacement ($3.5M), Chilcotts Creek Underbridge Replacement (S2.0M) and The Gap Bridge Replacement ($1.0m) . These projects will help keep the Liverpool Plains region well connected. With no new residential stock coming onto the market the undersupply will continue; putting pressure on the housing market and increase prices.


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PRD Liverpool Plains Market Update 1st Half 2025 by PRD Real Estate - Issuu