Ramsgate Beach Property Market Update 1st Half 2025
Ramsgate Beach is a picturesque coastal suburb located about 16km south of Sydney CBD, in New South Wales, on the banks of Botany Bay. It offers a relaxed beachside atmosphere with golden sands, calm waters and scenic views. Ramsgate Beach offers a mix of residential areas and local shopping areas, making it an ideal location to live.
Property Trends
In Q1 2025, Ramsgate Beach had a median house price of $2,098,500 and a median unit price of $730,000. Median house price has stabilised in the past 12 months to Q1 2025, whilst median unit price softened slightly by -5.2%. Comparing Q1 2024 and Q1 2025, total sales declined by -15.0% (to 23 sales in Q1 2025) for houses and -5.6% (to 135 sales in Q1 2025) for units. Houses in Ramsgate Beach remain highly demanded, due to low stock numbers, which created a buffer against interest rates. Unit prices have become more affordable, creating an opportunity for first home buyers. That said, with no new houses planned for 2025–2026, the likelihood of a price increase for units is high, as buyers turn to units for more opportunities.
Project Development
Ramsgate Beach will see approx. $472.9M of new projects commencing construction in 2025 and 2026. 7–11 Derby Street Apartments & Shops ($202.2M) is a major mixed-use project due to commence in the area. Approximately 330 units/apartments and 6 townhouses are planned, however there are no new stand-alone dwellings being built. This will cause a housing undersupply, which puts pressure on house prices.
Rental Market & Growth
House rental yields in Ramsgate Beach were 2.4% as of March 2025, slightly lower than the Bayside LGA (2.6%) and Sydney Metro (2.7%). However, median house rental price increased by 2.9% in the past 12 months to Q1 2025, at $900 per week. In the same timeframe, the number of houses rented decreased by -9.4% (to 29 houses in Q1 2025), suggesting an undersupply. This indicates a highly demanded and competitive house rental market in Ramsgate Beach, which is beneficial to investors.
Vacancy Rates & Property Investment
Ramsgate Beach recorded a vacancy rate of 1.2% in March 2025, slightly below the Bayside LGA average of 1.3% and Sydney Metro’s 1.3%. Vacancy rates fluctuated in the past 12 months, due to investors entering/exiting the rental market. That said, a 1.2% vacancy rate is still below the Real Estate Institute of Australia’s healthy benchmark of 3.0%, thus quicker occupancy of rental homes in Ramsgate Beach. This is conducive for investors, especially with a lower unit price in Q1 2025.
