Kingsgrove Property Market Update 2nd Half 2025
Kingsgrove is a vibrant suburb located about 13km southwest of Sydney CBD. It offers a mix of residential charm and commercial conveniences with plenty of shops, parks and community hubs. With easy access to the M5 Motorway and a local railway station connecting it to the CBD, Kingsgrove is an ideal family suburb.
Property Trends
In Q3 2025, Kingsgrove recorded a median house price of $1,890,000, and a median unit price of $663,000. This represents an annual (Q3 2024 – Q3 2025) median price growth of 6.7% for houses and a slight softening of -1.8% for units.
Comparing Q3 2024 and Q3 2025, sales increased by 13.3% for houses (to 153 sales) and by 9.0% for units (to 97 sales). Housing stock is highly demanded, which has created a buffer against higher interest rates – especially for houses. Thus, now is an ideal time for house owners to capitalise on their investments. With little ready-to-go stand-alone housing stock planned in 2025, buyers must act fast.
Project Development
Kingsgrove will see approximately $18.2M worth of new projects commencing in 2025–2026. Of this, approximately 23 units and 4 dwellings are planned in 2025–2026. Whilst this will assist with some of the demand, when compared to Q3 2025 sales (153 houses and 97 units) it is not enough.
There will still be an undersupply in the market, which will push up prices even higher for houses and stimulate a recovery in unit prices.
Rental Market & Growth
House rental yields in Kingsgrove were 2.4% in September 2025, slightly below the Canterbury-Bankstown LGA (2.7%) and Sydney Metro (2.7%) rental yields. That said, median house rental price has remained stable in the past 12 months to Q3 2025, at $850 per week.
The number of houses rented decreased by -21.4% in the past 12 months, to 33 rental homes in Q3 2025. This trend is also found in the unit rental market, which confirms an undersupply for both rental types in Kingsgrove. This is beneficial for investors, even with a higher house sales (thus, entry) price in Q3 2025.
Vacancy Rates & Property Investment
Kingsgrove recorded a vacancy rate of 0.8% in September 2025, which is lower than the Canterbury-Bankstown LGA’s 0.9% and Sydney Metro’s 1.3%. Kingsgrove vacancy rates have trended downwards in the past 12 months, which indicates a tighter rental market.
Furthermore, a 0.8% vacancy rate is significantly below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, suggesting quicker occupancy of rental homes in Kingsgrove. This creates a conducive and sustainable environment for investors.
