Hurstville Property Market Update 2nd Half 2025
Hurstville is located 16 kilometres south of Sydney CBD in the St George area of Sydney. It is rich in cultural diversity and bustling shopping precincts. The area is well connected, with excellent public transport links and offers a wide range of parks schools and local amenities. This mixed with modern apartment complexes and charming family homes makes Hurstville an ideal family location.
Property Trends
In Q2 2025, Hurstville recorded a median house price of $2,100,000 and a median unit price of $750,000. This represents an annual (Q2 2024 – Q2 2025) stable price growth for both houses and units. Comparing Q2 2024 and Q2 2025, total sales remained stable (at 40 sales in Q2 2025) for houses but grew by 54.6% (to 235 sales in Q2 2025) for units. This confirms that the house market undersupplied, and units are a highly demanded. Thus, now is an ideal time for sellers to capitalise their investments. Units offer a pathway to first home buyers, with a median price that is 30% of median house price. That said, with no new houses on the horizon, unit prices will likely increase.
Project Development
Hurstville will see approximately $306.1M of new projects commencing construction in 2025 and 2026. Of this, 301 units/apartments are planned, which will assist with current demand. However, without any stand-alone dwellings planned, an undersupply of houses is expected, which will push up prices for all property stock types.
Rental Market & Growth
House rental yields in Hurstville were 2.7% in June 2025, on par with Georges River LGA (2.6%) and Sydney Metro (2.7%). Median house rental price declined by -9.9% in the past 12 months to Q2 2025, at $730 per week; whilst the number of houses rented decreased, by -2.4% (to 41 houses) in Q2 2025. This suggests a stabilisation in the rental market, which is not unusual for blue-chip suburbs. Less houses rented opens up an opportunity for investors, and a more affordable rental market is beneficial for renters.
Vacancy Rates & Property Investment
Hurstville recorded a vacancy rate of 1.6% in June 2025, above the Georges River LGA average of 1.3% but on par with Sydney Metro’s 1.6%. Vacancy rates have declined from 2.0% in June 2024, which indicates a tighter rental market. Furthermore, a 1.6% vacancy rate sits far below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, which suggests quick occupancy of rental homes in Hurstville. There is a conducive environment for investors, especially as house and unit prices (thus entry prices) have stabilised in the past 12 months to Q2 2025.
> View latest sold properties.
