As we enter the final stretch of winter, the Southern Highlands property market continues to show resilience while offering strategic opportunities for both homebuyers and investors. This August, we’re seeing a steady shift in buyer sentiment, subtle movements in pricing, and growing momentum as we approach the traditionally active spring selling season.
MEDIAN PRICES HOLD FIRM AMID STABLE DEMAND
In Bowral, the median house price currently sits at $1.4 million, marking a modest 1.2% rise from July. This reflects ongoing demand for quality homes, particularly in walkable locations close to town centres, schools, and amenities.
Meanwhile, areas such as Mittagong and Moss Vale are experiencing a slight correction, with buyers prioritising value, space, and future lifestyle potential. Well-presented homes in the $1.1M–$1.3M range are receiving consistent interest from both locals and Sydney-based buyers seeking a lifestyle shift.
BUYER ACTIVITY: A GRADUAL RETURN OF CONFIDENCE
Despite ongoing interest rate pressure, buyer activity has been steadily improving throughout winter. Open home attendance has increased by 9% compared to last month, particularly for turnkey properties with strong presentation and realistic pricing.
Investor interest is also starting to recover, especially in areas offering attractive rental returns and strong long-term growth potential. With vacancy rates remaining low, rental demand across the Highlands continues to support investment confidence.
AUCTION CLEARANCE RATES SHOW SIGNS OF STABILITY
The Southern Highlands’ auction clearance rate currently sits at 67%, up from 62% in July. Homes with lifestyle appeal, updated interiors, and strategic pricing are performing well at auction. However, properties requiring extensive renovation or with complex zoning are seeing longer days on market, with more buyers opting for private negotiations.
LOOKING AHEAD: SPRING SURGE ON THE HORIZON
August is traditionally a month of quiet momentum before the Spring surge. We anticipate a noticeable increase in listings come September, as vendors prepare for the peak market period leading into summer. For buyers, this is an ideal time to review your strategy, pre-approve finance, and position yourself ahead of the competition.
SECURE YOUR ADVANTAGE IN THE MARKET
Navigating the Southern Highlands market requires more than just listings — it demands local expertise, strong relationships, and the ability to act quickly when the right property appears.
Stay ahead of the market — reach out for your tailored property strategy today.
Contact Katie Marsden at Earth Property Buyers Agents on +61 418 797 701 for a confidential chat. Whether you’re buying your forever home or investing for the future, we’re here to help make your property journey seamless — and successful.