Port Stephens Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Port Stephens* recorded a median house price of $1,080,000 and a median unit price of $667,500. This represents an annual (Q3 2024 – Q3 2025) slight softening of -3.6% for houses and -10.9% for units. This creates a more affordable and opportune market for first home buyers. Comparing Q3 2024 and Q3 2025, sales surged by 12.6% (to 125 sales in Q3 2025) for houses and remained steady (at 65 sales in Q3 2025) for units. This confirms the market has been impacted by current economic conditions, despite higher demand. That said, with residential stock still taking time to build, there is a high likelihood of a price increase; which stimulate a price recovery in the short-term. Thus, buyers must act fast.
CHANGE FROM LAST
YEAR
Port Stephens£ will see approximately $248.6M of new projects commencing construction between2025 and 2026.
Residential
HALF YEAR
$60.8M
HOUSE ME DIAN PRICE
Mixed Use
There are quite a few residential and mixed-use projects planned for Port Stephens in 2025 and 2026, including:
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
$ MARKET CONDITIONS
MEDIAN PRICE Q3 2025
$735
SALES
$678K
AVERAGE DAYS ON MARKET Q3 2025
74
79
HOUSE
U N I T
RENTALS
$575
$8.4M
$115.2M
HOUSE RE NTAL PRICE
$1.1M
$64.2M Infrastructure
HOUSE SALE S
MEDIAN PRICE Q3 2025
Commercial
•
38 Stockton & Tomaree Streets Apartments (50 Apartments)
•
1-10 Anchor Cove (32 Townhouses)
•
263, 273, 293, 321 Gan Gan Road Residential Subdivision (47 Lots)
•
121 – 123 Old Main Road Duplexes (2 Townhouses)
There is a high number of units in the pipeline, which when compared to Q3 2025 sales of 65, will answer demand. That said, it takes time to build, thus it is a medium-term solution. Further, only 4 new dwellings are planned, which is much lower than Q3 2025 sales of 125. Thus, in the short-run is likely, which will push up property prices.
AVERAGE DAYS ON MARKET Q3 2025
21
20
HOUSE
U N I T
235 Units/ Apartments
34 Townhouses
4 Dwellings
51 Lots