GREENFIELDS MARKET SNAPSHOT – OCTOBER 2025

Greenfields experienced a quieter October with a drop in both sales and rental volumes. Despite this, prices held firm across all property types and homes continued to sell quickly.

Sales
There were 16 residential sales recorded during the month, down 27.3 percent from September. The overall median dwelling price remained stable at $600,000, marking a 6.8 percent increase year on year. House prices held at $601,000 and units at $494,000.

Listings
There were 6 properties listed for sale at the end of October, down 33.3 percent from the previous month
and 66.7 percent lower than the same time last year. Available stock remains extremely limited.

Land
There were 2 land sales recorded in October, with a median price of $225,000. Land sold quickly in a median of 7 days, and only 1 block was listed for sale at month’s end.

Sales Time on Market
Houses sold in a median of 8 days, down 6 days from the previous month. Units took much longer at 110
days, while land sold in just 7 days, showing solid demand for vacant lots.

Rentals
Rental activity dipped slightly with 15 leases signed during the month. The median rent across all dwellings held at $575 per week, while units sat lower at $530. Rent values have continued to trend upward over the past year.

Rental Time on Market
There were 17 rental properties listed at the end of October. Homes leased in a median of 27 days, three days quicker than September, with units leasing faster at 13 days.