GREENFIELDS MARKET SNAPSHOT – SEPTEMBER 2025

Greenfields had a stable month in September, with steady sales activity, firm pricing, and a jump in rental leases despite a continued drop in available listings.

Sales
There were 20 residential sales recorded during the month, a slight increase from August. The median house price remained stable at $600,000, representing 8.6 percent growth year on year.

Listings
There were 8 houses listed for sale at the end of September, down 33.3 percent from August. Across all property types, total listings dropped to just 9, reflecting ongoing tight supply in the area.

Land
Two land sales were recorded during the month, with a median price of $197,000. Only one block was listed for sale at month’s end, and land sold quickly in a median of 9 days.

Sales Time on Market
Houses sold in a median of 14 days, unchanged from August and still indicating strong buyer demand. Land sold in 9 days, while unit sales were rare and much slower, with a median of 70 days.

Rentals
Rental activity increased with 17 house leases and 1 unit lease recorded in September. The median house rent rose to $580 per week, while unit rents were slightly lower at $527.

Rental Time on Market
There were 21 rental listings available at the end of September. Houses leased in a median of 31 days, consistent with last month, while the single unit leased in 20 days.