Laurieton – Camden Haven Property Market Update 1st Half 2025
Laurieton–Camden Haven is a coastal town located on the mid north coast of New South Wales, about a 4-hour drive north of Sydney. The town is home to panoramic lookouts, fresh off the boat seafood and an abundance of outdoor activities from hiking to kayaking. Combined with plenty of amenities including schools and shops in a relaxed slower paced environment, Laurieton is an ideal family location.
Property Trends
In Q1 2025, Laurieton recorded a median house price of $830,000 and a median unit price of $569,000. This is an annual (Q1 2024 – Q1 2025) slight softening in prices, of -1.2% for houses and -4.4% for units, which is most likely due to more homes being sold in the lower price point of the market. The number of sales is also quite small, with only 114 house sales and 27-unit sales in Q1 2025, which can skew the data at times. Q1 2025 sales figures did hit a record high, suggesting a highly demanded market in Camden Haven; but higher interest rates have also impacted property prices. There is now a slightly more affordable market in Camden Haven, for both houses and units, which opens key opportunities for first home buyers and investors.
Project Development
Laurieton will see approximately $278.0M of new projects commencing between 2024–2026. A key project is Lake Cathie Bonny Hills Village Rainbow Beach ($200.0M), which plans to deliver 961 residential lots, as well as a village centre and a school. This will improve liveability for current residents and encourage new families to move to the Camden Haven area. There are 73 dwellings and 18 units/apartments commencing construction between 2024–2026. This will deliver more housing to Camden Haven but will not be enough to avoid an undersupply.
Rental Market & Growth
House rental yields in Laurieton were 3.4% as of March 2025, higher than Sydney Metro (2.7%). Furthermore, median house rental price increased by 3.4% in the past 12 months to Q1 2025, at $600 per week. At the same time, the number of houses rented increased by 4.8% (to 22 houses) in Q1 2025. The unit market shows a similar pattern, with median unit rental price increasing by 1.8% (to $458 per week) but the number of units rented declining by -18.8%. This suggests a highly demanded house rental market and undersupplied unit rental market, in good news for investors.
Vacancy Rates & Property Investment
Laurieton recorded a vacancy rate of 0.9% in March 2025, above Port Macquarie-Hastings LGA’s average of 0.8% but below Sydney Metro’s 1.3%. Vacancy rates have fluctuated in the past 12 months, but overall showed a slightly declining pattern, indicating an even tighter rental market. Further, a 0.9% vacancy rate is well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, thus quicker occupancy of rental homes in the Camden Haven. This is a conducive environment for investment, especially with a slightly more affordable market in Q1 2025.
