Beverly Hills Property Market Update 1st Half 2026
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 2026, Beverly Hills recorded a median house price of $1,700,000 and a median unit price of $635,000. This represents an annual (Q1 2025 – Q1 2026) median price growth of 9.7% for houses and -8.4% decline for units. Comparing Q1 2025 and Q1 2026, total sales declined by -50.9% (to 27 sales in Q1 2026) for houses and by -8.1% (to 34 sales in Q1 2025) for units. There is an undersupply of stock in the market, especially with Q1 2025 recording the lowest number of house sales in the past 24 months. This creates an ideal opportunity for owners looking to sell. For buyers, there are several residential projects due to commence in 2025–2026, which will provide more options.
Project Development
Beverly Hills plans to see approximately $103.5M of new projects commencing between 2025–2026. Some major residential projects include 892–906 Canterbury Road (50 Units) and 153–159 Penshurst Road (33 Units). There are 91 units, 10 townhouses and 50 dwellings planned for construction between 2025–2026. While these may bring prices to a sustainable level in the long-run, prices will remain high in the short-term given the current undersupply and the time it takes to build new housing stock.
Rental Market & Growth
House rental yields in Beverly Hills were 2.3% as of March 2026, slightly below the Sydney Metro average (2.7%). That said, median house rental price in Beverly Hills increased by 9.9% in the past 12 months to Q1 2026, at $835 per week. At the same time the number of houses rented decreased -38.5%, to 56 houses in Q1 2026. The same pattern can be seen for units, where there are a higher median unit rental price and a smaller number of units rented. Overall, this suggests an undersupplied rental market in Beverly Hills, which is beneficial to investors.
Vacancy Rates & Property Investment
Beverly Hills recorded a vacancy rate of 0.7% in March 2026, below Sydney Metro’s 1.1%. Vacancy rates have decreased in the past 12 months, indicating a tighter rental market. Furthermore, a 0.7% vacancy rate is significantly below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating quicker occupancy of rental homes in Beverly Hills. This suggests an ideal investment environment, even with a higher median house sale price (thus, entry price) in the past 12 months to Q1 2026.