LAKELANDS MARKET SNAPSHOT – JULY 2025

Lakelands saw a modest month in July, with stable prices, a slight rise in sales, and a pickup in rental activity, despite low stock levels on both sides of the market.

SALES

There were 13 residential sales recorded during the month, which is steady compared to last year. The median house price held at $666,000 — up 11.1% year-on-year despite no monthly change.

LISTINGS

Listings remained limited, with just 7 properties advertised for sale at the end of July. This was 75% higher than a year ago but still low compared to historical averages.

LAND

Only one land sale was recorded during July, with a median price of $318,000. Just one block of land was listed for sale, highlighting ongoing scarcity.

SALES TIME ON MARKET

Homes sold in a median of 8 days — a sharp turnaround time and consistent with the fast-moving nature of the suburb’s market.

RENTALS

The rental market remained active, with 23 leases signed during the month. The median rent sat at $620 per week, unchanged from the month prior.

RENTALS TIME ON MARKET

There were 13 properties listed for rent at the end of July. Homes leased in a median of 17 days, showing continued strong demand from tenants.