Quarterly Market Update WINTER 2025 Courtesy of Ray White Bensville & Empire Bay
Australian housing market momentum that began in January has intensified following the Reserve Bank’s second interest rate cut in May. What started as expectations of modest growth has evolved into conditions similar to 2021, exceeding early-year predictions. Metropolitan Sydney’s acceleration toward the two million dollar median continues with house prices now sitting at $1.6 million. Markets are now pricing in additional cuts through the remainder of the year, which will continue to support price growth. Our local market is taking a more measured approach. Steady transaction volumes suggest a market with balanced dynamics between buyers and sellers. While the market is certainly strengthening and conditions are favourable for price growth, fundamental differences in monetary policy settings and household financial positions suggest a more moderate trajectory than the unprecedented boom witnessed during the pandemic. We do know that persistent construction challenges continue to limit new housing supply, providing fundamental support for existing property values. The construction industry’s ongoing struggles with labour shortages and material costs mean the supply bottleneck cannot be resolved quickly. In addition, land prices aren’t coming down and will in fact be supported by lower rates. If you’re considering your options, be it buy or sell, nest or invest; get in touch with us for a chat about local market conditions. We look forward to helping you realise your property goals. Matthew Kidd Principal Ray White Bensville/ Empire Bay WHAT’S HAPPENING IN OUR MARKET?
Are you curious to know the new value of your property in today’s market? At Ray White Bensville & Empire Bay we design marketing packages which are completely tailored to your specific needs and goals. Request a free market review and we’ll provide you with an area profile, recent sales and listing activity and more. Simply scan the QR code, enter your details and we will contact you to arrange a detailed property appraisal. Matthew Kidd | 0417 230 732 HOW MUCH IS MY PROPERTY WORTH?
RECENT ACTIVITY IN YOUR AREA 13 The Cedars Close, Bensville 21 Bundaleer Crescent, Bensville 2 Hillcrest Road, Empire Bay 70 Shelly Beach Road, Empire Bay 28 Nerang Road, Bensville 58 Yarram Road, Bensville 9 Nyeena Avenue, Bensville 2 Mariners Place, Bensville FOR SALE FOR SALE FOR SALE FOR SALE SOLD PRIOR TO AUCTION SOLD SOLD AT AUCTION SOLD 3 2 2 5 3 7 3 1 1 3 2 2 4 2 2 4 2 1 3 1 1 3 2 2
FAST FACTS BENSVILLE 11 1. 3. 4. 5. Compared to five years ago, the median sales price for houses in Bensville has increased 34% which equates to a compound annual growth rate of 6%. PROPERTIES SOLD LAST QUARTER HOUSES AVERAGE DAYS ON MARKET SALES HOUSES MEDIAN $1,150,000 HIGHEST $2,500,000 LOWEST $450,000 Source: CoreLogic RP Data 10 March - 10 June 2025 2. 45 BENSVILLE LEASE MEDIAN HOUSE (4 BED) $990 RENT PER WEEK $1.0M 20 $1.2M 40 $1.4M 60 $800K 0 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD 2025
FAST FACTS EMPIRE BAY 10 1. 3. 4. 5. Compared to five years ago, the median sales price for houses in Empire Bay has increased 37% which equates to a compound annual growth rate of 6.6%. PROPERTIES SOLD LAST QUARTER HOUSES AVERAGE DAYS ON MARKET SALES HOUSES MEDIAN $1,150,000 HIGHEST $3,600,000 LOWEST $745,000 Source: CoreLogic RP Data 10 March - 10 June 2025 2. 86 EMPIRE BAY LEASE MEDIAN HOUSE (4 BED) $900 RENT PER WEEK $900K 20 $1.0M 40 $1.1M 60 $800K 0 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD 2025
PREPARING YOUR HOME FOR A WINTER SALE Winter can be a great time to sell your home, offering unique advantages. Here are some tips for making a sale in colder months: • Prepare for warmth: enhance the cozy appeal of your home to attract buyers. Keep your home warm during open homes & viewings; utilise fireplaces, heaters and add warm colours and textures to interior styling, particularly in cushions, throws and bedding. • Maintain cleanliness: winter demands extra effort to tackle mud, moss, mould and leaves from steps, entrance ways, outdoor furniture and decks to ensure your home remains inviting. • Enhance outdoor spaces: make your garden appealing with simple updates and demonstrate how outdoor areas can be enjoyed year-round, possibly adding features such as a firepit or outdoor heater. • Brighten it up: maximise natural light with clean windows, fully open blinds/curtains and keep the interior well lit to make spaces feel welcoming, and enhance the feeling of energy efficiency. Focusing on these aspects can help your home sell effectively in winter. Don’t hesitate to get in touch with us to learn more about how to make your property stand out from the crowd.
YOUR RAY WHITE TEAM Ray White Bensville Shop 5, 32 - 34 Kallaroo Road, Bensville NSW 2251 02 4369 2268 Ray White Empire Bay 2B Kendall Road, Empire Bay NSW 2257 02 4369 6618 raywhitebensvilleempirebay.com.au We are a highly experienced team with a proven record of success Carley Eder RENTALS PRINCIPAL 0432 945 578 carley.eder @raywhite.com Amee Pigram PROPERTY MANAGER 0402 419 882 amee.pigram @raywhite.com Lucy Jaggard SALES ADMIN 0433 000 540 sales.bensville @raywhite.com Tiffany Mooney SALES 0406 398 432 tiffany.mooney @raywhite.com Ben Bedford SALES 0433 778 000 ben.bedford @raywhite.com Quinta Jamieson PROPERTY MANAGER 0411 624 887 quinta.jamieson @raywhite.com Matthew Kidd SELLING PRINCIPAL 0417 230 732 matthew.kidd @raywhite.com
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