Ramsgate Beach Market Update 1 st H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q1 2026, Ramsgate Beach* had a median house price of $2,070,000, and a median unit price of $800,000. This is an annual (Q1 2025 – Q1 2026) price softening of -2.8% for houses but a growth of 9.6% for units. Between Q1 2025 – Q1 2026 house sales were stable (at 26 sales in Q1 2026), but unit sales fell, by -17.7% (to 107 sales in Q1 2026). The house market is in high demand, whilst the unit market is undersupplied. Combined, this has created a buffer against higher interest rates in early 2026, thus now is still an ideal time for owners to capitalise on their investment. There is a high number of new units planned, which benefits buyers in the long run.
CHANGE FROM LAST
YEAR
Ramsgate Beach will see approximately $421.4M of new developments due to commence construction in 2026-2027. Commercial $12.5M Residential
HALF YEAR
$48.3M
HOUSE SALE S HOUSE ME DIAN PRICE
Mixed-Use
HOUSE RE NTAL PRICE
Projects $356.7M
UNIT SALE S A key focus on mixed use projects will stimulate the economy through job creation and improve livability for residents. This can attract more people to live in Ramsgate Beach, thus higher demand for housing stock.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
There are quite a few residential and mixed-use projects bringing new stock to Ramsgate Beach; including:
$ MARKET CONDITIONS
•
7-11 Derby Street Apartments & Shops (54 Apartments)
SALES
•
31-33 Gladstone Street (78 Units)
•
25-27 Robinson St (6 Townhouses)
MEDIAN PRICE Q1 2026
$2.1M
$800K
MEDIAN PRICE Q1 2026
$1.1K
AVERAGE DAYS ON MARKET Q1 2026
63
50
HOUSE
U N I T
RENTALS
$700
AVERAGE DAYS ON MARKET Q1 2026
20
15
HOUSE
U N I T
Most of the incoming supply of readyto-go stock are units. There is limited number of new houses in the pipeline, thus houses will be undersupplied and the potential for higher prices is likely. That said, there is a high number of units planned (400 units), which will absorb current demand, providing options for buyers.
400 Units/ Apartments
6 Townhouses