Summer Market Update

Summer Market Update 2024/25

As we step into the summer of 2024/25, Singleton's property market continues to show resilience and growth, maintaining a steady performance that reflects increased buyer confidence. Off the back of an exceptional Spring where buyers of all types stepped up and secured homes, we expect the same level of activity heading into the warmer months. We are excited for Singleton’s newest homeowners who get enjoy their wonderful properties this festive period.

Record-Breaking Sales and Consistent Growth

The highlight of the Spring was the sale of 'Pelerin' - a stunning property that achieved the largest residential sale ever recorded in Singleton.

We saw exceptional activity across all price points throughout the Spring, with our office selling 21 properties in just the first eight weeks.

Notable examples include:

• 1 Brisbane Street, Singleton: A beautiful 1930s Art Deco home sold for $860,000 within a single day of being listed.
• 2/10 Pioneer Road, Hunterview: This 3-bedroom duplex drew strong interest, selling for $540,000 in just 10 days.
• 12 Dimmock Street, Hunterview: A family home in the sought-after Bridgman Ridge Estate fetched $893,500.

The Rental Market: A Solid Performer

Singleton's rental market remains strong. Our average weekly rental price now at $500 - a 6.4% increase over the past three months. The demand for rental properties has been bolstered by significant local developments, such as the Singleton Bypass, which has attracted new residents to the area.

Some of our recently leased properties:

• 2 Edna Close, Hunterview - $680 per week
• 2/18 Gordon Street, East Branxton - $550 per week
• 25 Casey Drive, Hunterview - $580 per week

Trends Driving the Market

First-Home Buyers and Low-Maintenance Living: The demand for low-maintenance properties remains high, especially for 3-bedroom duplexes and 2-bedroom units. These options offer an attractive entry point for first-home buyers.
Downsizing: Mature homeowners are increasingly looking to simplify their lifestyles, contributing further to the demand for compact, easy-to-manage properties.

Suburb Snapshots: Median Prices

Singleton: $585,026
Singleton Heights: $628,684
Hunterview: $754,307
Wattle Ponds: $1,126,212
Gowrie: $1,030,352

Singleton Festive Spirit

We are once again proud to support the Singleton Fire Brigade annual Lolly Run. With Santa and the iconic red truck making their rounds in early December, the festive season is soon to be upon us. We wish everyone in Singleton a joyous Christmas and a healthy, prosperous 2025!

Click on the link below for your 2024/25 Summer Booklet with more information!

Summer Booklet 2024-25