ERSKINE MARKET SNAPSHOT – DECEMBER 2025

Erskine wrapped up 2025 with solid price growth and limited stock levels. While sales activity eased through December, annual figures point to a market that has remained resilient across houses, units and land.

SALES
The median house price rose to $762,000, increasing 1.3% over the month and 13.8% over 12 months. 9 house sales were recorded, up 12.5% month on month and 80.0% higher than the same time last year.

LISTINGS
Six houses were listed for sale during December, representing a 40.0% monthly decline and a 57.1%
reduction year on year, continuing to keep available stock tight.

LAND
Vacant land recorded a median price of $580,000, jumping 18.4% over the month and a significant 63.4%
over 12 months. Limited availability continues to underpin strong land values.

SALES TIME ON MARKET
Houses recorded a median of 38 days to sell. This longer timeframe reflects selective buyer behaviour rather than reduced demand.

RENTALS
There were 9 leases signed during November, up 12.5% from October. The median rent rose slightly to $602 per week, marking 0.4% monthly growth and 3.9% annually. Houses rented at $620 per week and units at $500.

RENTALS TIME ON MARKET
The median weekly rent for houses held at $620 per week, up 6.9% over 12 months. Leasing
volumes were low in December, with just two properties leased, consistent with seasonal
conditions.