You may have heard talk lately of ‘a softening market’ with Australian housing values growing but at a slower pace than the last quarter of 2025. Cotality reports,
“Regional markets have been more resilient to a slowdown in value growth, likely supported by regional migration trends and more affordable housing values.”
Economic and inflationary pressures, including higher energy prices due to ongoing conflict in the Middle East, have taken steam out of the market’s momentum. The national rental market on the other hand, showed accelerated growth from the last quarter and also annually (Cotality’s Quarterly Rental Review, pg. 3).
Locally, median sold prices softened across all four local LGAs. Lake Macquarie was otherwise a standout performer with new listings bumping up from 332 in February to 410 in March. Their overall listings and sold properties also increased, while median days on market came down from 31 to 28 days.
Port Stephens also enjoyed an uptick in new listings (from 141 to 165), overall listings, and sold properties (from 112 to 142). Their median days on market plummeted from 53 to 36 (though fluctuations are greater in smaller markets).
*Local data sourced from REA’s Market Insight Report.
Monthly Highlights
Renowed architect Brian Suters’ home just listed – 1/39 Kemp Street, The Junction
(Brian designed Newcastle Council’s administration building, the “Round House,” and Civic Park Fountain.)
SOLD PRE-MARKET!
69 Bruce Street, Cooks Hill, sold to a database contact.
- Buyer: family upsizing, looking to renovate & add value
- Previously an investment property managed by Green St Property Management
FIRST HOME BUYER PURCHASE: 8 Graham Street, Glendale, sold in 23 days for $892,500.
- Sales campaign launched while property still tenanted
- 36 groups through in 2 open homes
- Vacant for 4 days before purchasers moved in early under a license agreement
🎉 Happy 15th Anniversary, Amanda! 🎉
Happy 15th Anniversary, Amanda! 🍾🥂
COO Amanda Aloupis joined husband Peter at the helm of Solid Property Services in 2011 (rebranded Green St Property in 2016).
Since then, our beloved wonder woman Amanda has managed their business and family life with remarkable skill, efficiency, and heart. Thanks for bringing us all together and creating this very special “place for everyone.” Much love for our boss lady. 🤍