Kogarah Property Market Update 2nd Half 2025
Kogarah is a vibrant suburb located in the St George area of Sydney, about 17km from the CBD. Kogarah blends residential, commercial and light industrial zones with plenty of amenities and great transport links. This makes Kogarah a great suburb to live in.
Property Trends
In Q3 2025, Kogarah recorded a median house price of $1,880,500, and a median unit price of $768,000. This is an annual (Q3 2024 – Q3 2025) median price growth of 1.6% for houses and 5.2% for units.
Comparing Q3 2024 – Q3 2025, total sales increased by 8.9% for houses (to 110 sales in Q3 2025) and by 36.4% for units (to 326 sales in Q3 2025). Both markets are in high demand, which has created a buffer against higher interest rates, hence continuous price growth.
With prices continuing to rise, now is an ideal time for owners to capitalise on their investments. Although there is new housing stock planned for 2025, it is all units. Thus, buyers must act fast to secure their home.
Project Development
Kogarah plans to see approximately $87.9M of new projects commencing in 2025. There are several mixed-use and pure residential projects in the pipeline, due to add approximately 189 units/apartments to the market.
This helps with some of the demand, but when compared to Q3 2025 sales (110 houses and 326 units), not all. There are no new stand-alone houses planned for 2025; thus, the current undersupply will continue. This will push prices up even further in 2025, not only for houses but for all stock types.
Rental Market & Growth
House rental yields in Kogarah were 3.3% in September 2025, above the Sydney Metro (2.7%). This was paired with a 19.8% increase in median rent price in the past 12 months to Q3 2025, at $925 per week.
The number of houses rented increased by 7.8% in the past 12 months, to 110 rentals in Q3 2025, indicating high demand. Median unit rent price rose by 18.1% to $697, but the number of units rented decreased by -5.3% to 609 units in Q3 2025; thus, an undersupply of units for rent is evident.
With both house and unit rentals highly demanded, the Kogarah rental market benefits investors.
Vacancy Rates & Property Investment
Kogarah recorded a vacancy rate of 1.3% in September 2025, on par with Sydney Metro’s 1.3%. Vacancy rates in Kogarah have trended downwards in the past 12 months, indicating a tighter rental market.
Further, a 1.3% vacancy rate is below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, thus quicker occupancy of rental homes. This creates a conducive environment for investment, even if property sale prices (thus, entry prices) have increased in the past 12 months to Q3 2025.
