GREENFIELDS MARKET SNAPSHOT – JULY 2025

Greenfields remained stable in July, with solid prices and quick sales, though overall sales volumes have slowed compared to previous months.

SALES

There were 15 residential sales recorded during the month. The median house price rose slightly to $600,000 — a 0.5% monthly lift and up 13.2% compared to last year.

LISTINGS

Listings increased to 14 properties for sale by the end of July, a rise of 27.3% from the previous month and 55.6% higher than this time last year.

LAND

Only one land sale was recorded for the month, with a median price of $500,000. There were three blocks listed for sale, indicating low but present interest in vacant land.

SALES TIME ON MARKET

Homes sold quickly, with a median of just 13 days on market. This is six days faster than a year ago and among the shortest sale times in the area.

RENTALS

The rental market stayed active, with 14 leases signed in July. The median weekly rent held firm at $560, reflecting a 3.7% annual increase.

RENTALS TIME ON MARKET

There were 16 properties listed for rent at the end of July. Properties leased in a median of 28 days — slightly slower than earlier this year but still reasonable.