MADORA BAY MARKET SNAPSHOT- OCTOBER 2025

Madora Bay saw a sharp lift in sales activity in October, driven by renewed buyer confidence. Prices
remained steady while rental volumes increased and leasing times stayed low.

Sales
There were 21 residential sales recorded during the month, more than double the number in September and 162.5 percent higher than the same time last year. The overall median dwelling price rose to $795,000, reflecting a 0.9 percent monthly increase and 2.6 percent annual growth.

Listings
There were just 3 properties listed for sale at the end of October, down 81.3 percent from a year ago. Stock remains extremely limited despite the jump in buyer activity.

Land
Land sales increased to 3 during the month, with a median price of $365,000. This represents 17.7 percent
annual growth. Land sold quickly in a median of 11 days, and no blocks were listed for sale at the end of
October, highlighting a lack of available stock.

Sales Time on Market
Homes sold in a median of 11 days, down 5 days from the previous month. Units took longer at 40 days, while land also moved quickly with an 11 day median, reflecting strong buyer urgency across the board.

Rentals
Rental activity lifted with 24 leases signed during October, a 140 percent increase from the previous month. The median rent for dwellings was $630 per week, down slightly for the month but still strong overall

Rental Time on Market
There were 17 rental properties listed at the end of the month. Homes leased in a median
of 15 days, maintaining one of the fastest turnaround times in the region.