Looking back over the last 40 years of Australian property values,
“2025 ranked 11th highest for annual growth, reinforcing the market’s historical strength,”
according to property economists, Cotality. They report only six periods of decline in the last four decades (2022 was the last, following a hot covid market). And the strongest years?
1988: 31.2%
2021: 24.5%
2003: 18.1%
2001: 15.9%
1987: 15.3%
Other takeaways:
– “Median time on market was 27 days nationally, down from 29 days a year ago.”
– “Total advertised stock nationally was 15.8% lower than a year ago in December and 20.6% below the five-year average for this time of the year.”
Low supply was reflected in local data across local LGAs. New listings were down 15% in December for the Newcastle LGA compared to 2024 (however, still higher than in 2023). (Note: New listings were 3% higher in November compared with 2024.) With total active listings also down significantly from the previous two years, paired with decreased median days on market and significantly increased median home values, we are seeing demand outstrip supply.
Lake Macquarie LGA’s new listings were higher in December than in the last two years, though overall active listings are still down. This reflects how well Lake Mac cleared its stock in October and November over a hot spring-selling season. The Maitland and Port Stephens LGAs tell similar stories. (Note: The Maitland LGA sold significantly more property in 2025 than in the previous two years.)
*Local data sourced from REA’s Market Insight Report.
2026 OUTLOOK
Realestate.com.au (REA) economists are “expecting home values to reach new record highs around the country in 2026 though the rate at which prices are going to rise is not expected to be as strong as what we saw in 2025” (REA Senior Economist, Anne Flaherty).
Two local suburbs featured in REA’s Hot 100 for 2026:
Broadmeadow — “recently… rezoned by the NSW government, enabling up to 3,200 new homes to be built on state-owned land and supporting more than 2,000 new construction jobs.”
Charlestown — “Home “to the Hunter region’s largest shopping mall and just 10 km southwest of Newcastle’s CBD, Charlestown is strategically placed for growth.”
Interested to see how your suburb performed in 2025? Look it up using REA’s property scorecard tool.
Our local suburbs with the lowest median days on market for houses were (Dec 2024 – Dec 2025):
19 days – Hamilton North
21 days – Shortland, Macquarie Hills and Metford
22 days – Gateshead and Garden Suburb
🎉 25 Years in Business 🎉
25 years ago, a young Peter Aloupis opened the doors to his own real estate agency in Newcastle, then known as Solid Property Services. His very first listing came from two “beautiful” 80-year-old grandmothers selling their late mother’s home in Cardiff — a fitting beginning to what would become a people-first business built on trust and care. Since then, there’s been a wedding, four children, and a rebrand along the way, but Peter and Amanda Aloupis’ passion for property and their commitment to the local community has remained unwavering.
That commitment was shaped early, watching their parents build honest, hardworking local businesses. “My father would wake up at midnight to work 14-hour shifts at the bakery,” Peter recalls. Peter’s parents ran a commercial bakery supplying to household brands, with his mother keeping the books balanced while raising three children. Amanda grew up in a similar environment, working as a practice manager in her family’s podiatry business before joining Peter in real estate. It’s a shared appreciation for family, dedication and teamwork that continues to guide their approach today. As Peter says:
“Allan touched people’s feet, Peter touched their hearts — and the women ran the show.” Green St Property is a proudly independent real estate agency based in Newcastle, specialising in residential and commercial sales, along with property management services. Led by Principal Peter Aloupis, who has been serving the local community since 1993, our business is built on long-standing relationships, local knowledge, and genuine care. We’d like to sincerely thank our valued clients, family, and friends for their continued support — you’re what makes this journey so rewarding.
