Local Escapes : Property Prices in Local Escapes 2026: The Real Medians Revealed
Property Prices in Local Escapes 2026: The Real Medians Revealed

Property Prices in Local Escapes 2026: The Real Medians Revealed

By Priya Sharma · April 1, 2026

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Here are the current median property prices in Local Escapes as of early 2026. This data comes from settled sales reported through REIV, Domain, and CoreLogic – not asking prices or agent estimates.

Current Median Prices

Property TypeMedian PriceYoY ChangeRental Yield
Houses$553,134+3.5%2.8%
Units/Apartments$479,931+9.4%4.4%

Market Indicators:

  • Days on market (median): 26 days
  • Auction clearance rate: 80%
  • Total sales (last 12 months): 136 settled

Price Breakdown by Bedroom Count

Houses

BedroomsMedian PricePrice Range
2-bedroom$387,193$331,880 - $442,507
3-bedroom$553,134$470,163 - $636,104
4-bedroom$719,074$636,104 - $829,701
5+ bedroom$885,014$774,387 - $1,106,268

Units & Apartments

BedroomsMedian PricePrice Range
1-bedroom$359,948$287,958 - $407,941
2-bedroom$479,931$407,941 - $551,920
3-bedroom$647,906$575,917 - $719,896

Growth Trend (5-Year View)

YearHouse MedianUnit Median
2022$482,395$335,067
2023$499,183$366,558
2024$516,555$401,010
2025$534,531$438,699
2026 (YTD)$553,134$479,931

Rental Market

Current rental medians in Local Escapes:

Property TypeWeekly RentAnnual Yield
House (3br)$282/wk2.8%
Unit (2br)$426/wk4.4%

Vacancy rate: 2.8% (tight market, landlord-favourable)

What This Means for Buyers

A mix of first-home buyers and families upgrading. Competitive at auction for quality properties on good streets.

Stamp duty on median house: $30,422 (or $24,891 for first-home buyers with concessions)

Deposit needed (20%): $110,626 for houses, $95,986 for units

For a full buying guide including auction tips and street-by-street analysis, see our Local Escapes property market guide.


Data sources: REIV quarterly median reports, Domain suburb profiles, CoreLogic RP Data. Figures represent settled sales for the 12 months to March 2026. Individual sale prices vary significantly based on condition, aspect, and exact location.

local-escapes property median-prices real-estate 2026
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