Bexley North Property Market Update 1st Half 2026
Bexley North is a charming suburb in southern Sydney, located about 13 kilometres southwest of the Sydney CBD. The suburb offers a mix of residential tranquillity, shopping centres with cafes and restaurants. Bexley North is also well connected to major transport hubs including train stations and motorways.
Property Trends
In Q1 2026, Bexley North recorded a median house price of $1,856,000, and a median unit price of $837,500. This represents an annual (Q1 2025 – Q1 2026) median price softening of -2.8% for houses and -3.2% for units. Total sales decreased by -12.2% (to 36 for houses in Q1 2026) and increased by 3.3% for units (to 31 sales in Q1 2026). There is a unique opportunity in the residential market in Bexley North currently, with the median house price and unit price softening slightly; most likely due to cash rate hikes in early 2026. That said, with very limited new housing stock in the construction pipeline, this will not last. Thus, buyers and investors looking to enter the market must act fast.
Project Development
Bexley North will see approx. $50.7M of new projects commencing from 2024–2026. Some residential stock that are planned for the market in 2024–2026 include 40 units, 4 townhouses, 8 dwellings, and 40 lots.
However, compared to Q3 2025 sales of 63 houses and 79 units, this is still not enough. Thus, an undersupply of housing stock (for all types) will remain, and property prices (for all stock) are expected to rise.
Rental Market & Growth
House rental yields in Bexley North were 3.0% in March 2026, on par with the Bayside LGA (3.0%) and above Sydney Metro (2.8%). This was paired with a 10.4% increase in median house rental price in the past 12 months to Q1 2026, at $980 per week. The number of houses rented has decreased, by -52.6% in the past 12 months, to 37 rentals in Q1 2026. This suggests an undersupplied and tight house rental market in Beverly Hills, which is beneficial to investors – especially with a slightly more affordable entry price in Q1 2026.
Vacancy Rates & Property Investment
Bexley North recorded a vacancy rate of 1.3% in March 2026, lower than the Bayside LGA’s 1.8% but slightly higher than Sydney Metro 1.1% average. Vacancy rates in Bexley North have fluctuated in the past 12 months, sharply declining since December 2025; indicating a tighter rental market. Furthermore, a 1.3% vacancy rate is still below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, suggesting quick occupancy of rental homes. This is a conducive environment for investors.
