According the latest report from NAB, covering the second quarter of 2025, Regional NSW property values have continued to climb, with prices rising over the June quarter despite a slowdown in sales activity and declining listing volumes.

The latest figures show the median dwelling value in regional NSW increased by 1.1 per cent over the quarter and 3.5 per cent over the 2024/2025 financial year, reaching $774,025. House prices recorded slightly stronger growth, climbing 1.2 per cent for the quarter and 3.6 per cent annually, bringing the median value to $802,895. Units saw more modest gains of 0.4 per cent for the quarter and 2.9 per cent over the year, with a median of $637,733.

Sales activity has slowed, with dwelling sales volumes down 1.3 per cent compared with a year ago and 10.4 per cent below the five-year average. House sales fell 1.2 per cent annually, while unit sales were down 2.1 per cent. Listings have also tightened, with house listing volumes 7.5 per cent lower than last year and unit listings down 6.9 per cent.

Internal migration is playing a key role in supporting property prices, with regional NSW attracting 40 per cent of capital city net outflows in the March quarter. Lake Macquarie and Maitland were standouts, recording growth of 5.3 per cent and 3.5 per cent respectively.

“This ongoing population shift post-COVID is underpinning demand and price stability across key regional markets in NSW,” the report stated.

Rental values are also climbing, with both houses and units increasing 5.8 per cent annually. Nationally, rental growth has slowed, with the national rental index rising 1.3 per cent in the June quarter, the lowest second-quarter change since 2020, when rents dropped by 1.7 per cent.