GREENFIELDS MARKET SNAPSHOT – NOVEMBER 2025

Greenfields recorded fewer sales and leases in November, but prices held steady across dwellings and land. Listings rose on the sales side, while rental supply remained tight.

SALES
There were 14 residential sales recorded during the month, down 12.5% from October and 17.6% lower than the same time last year. The median dwelling price remained stable at $600,000, marking 5.3% growth over the past year.

LISTINGS
There were 13 properties listed for sale at the end of November, a 116.7% increase from last month. However, stock remains 55.2% lower year on year, keeping pressure on buyers.

LAND
No land sales were recorded during the month. The most recent median land price remained at $225,000,
representing 24.7% annual growth. Time on market for land was previously 7 days, but no active listings were reported in November.

SALES TIME ON MARKET
Homes sold in a median of 7 days overall, the same as October. Houses sold in 11 days and units in 110 days, while land previously sold in 7 days.

RENTALS
There were 9 residential leases signed during November, down 40% from October and 50% lower year on
year. The median rent rose to $580 per week, up 0.9% for the month and 5.5% annually.

RENTALS TIME ON MARKET
There were 16 rental listings at the end of November, down 5.9% month on month but double the amount from this time last year. Properties leased in a median of 27 days, unchanged from October.