Beverly Hills Property Market Update 1st Half 2025
Beverly Hills is a vibrant suburb in southern Sydney located 15 kilometres from the Sydney CBD. With a strong community feel, lots of parks, dining choices, schools, local amenities, and proximity to public transport, Beverly Hills is an attractive place to live.
Property Trends
In Q1 2025, Beverly Hills recorded a median house price of $1,600,000 and a median unit price of $700,000. This represents an annual (Q1 2024 – Q1 2025) median price growth of 1.8% for houses and 11.4% for units. Comparing Q1 2024 and Q1 2025, sales declined by -32.3% (to 42 sales in Q1 2025) for houses and by -4.3% (to 44 sales in Q1 2025) for units. This confirms there is an undersupply in the housing and unit markets, with Q1 2025 recording the lowest number of house sales in the past 24 months. This created a buffer against higher interest rates, thus continued price growth and a unique opportunity for homeowners to capitalise on their investment. That said, there are new units and houses planned in 2025, in good news for buyers.
Project Development
Beverly Hills plans to see approximately $111.9M of new projects commencing between 2024-2026. Narwee Parklands Seniors Housing (Residential care facility – 163 beds and communal facilities) is a key commercial project. Although new residential stock is planned for construction (91 units, 10 townhouses, and 54 units), there is still no new houses built. An undersupply remains, which will continue to push property prices up.
Rental Market & Growth
House rental yields in Beverly Hills were 2.2% as of March 2025, slightly below the Sydney Metro average (2.7%). That said, median house rental price in Beverly Hills increased by 2.6% in the past 12 months to Q1 2025, at $800 per week. At the same time, the number of houses rented increased significantly, to 90 houses in Q1 2025. The same pattern can be seen for units, with higher median unit rental price and more units rented. Overall, this suggests there is still a highly demanded rental market in Beverly Hills, which is beneficial to investors.
Vacancy Rates & Property Investment
Beverly Hills recorded a vacancy rate of 1.1% in March 2025, slightly below Sydney Metro’s 1.3%. Vacancy rates showed an increase in the past 12 months, due to more investors entering the market. However, a 1.1% vacancy rate is still below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating quicker occupancy of rental homes in Beverly Hills. This suggests a conducive investment environment, even with higher entry (house and unit) prices in the past 12 months to Q1 2025.
