October 2025 Market Update

October 2025 Market update

House prices continued their climb in October, fuelled by a combination of interest rate cuts, undersupply and demand from an expanded first home buyers’ scheme. Throw in fresh listings from the traditional spring market rush and once again real estate is dominating the news headlines.

The Illawarra market has joined in the upswing with figures by Cotality showing that at the end of the September quarter, the Wollongong region enjoyed a 2.4% gain – the fastest quarterly growth figure in over 12 months.

Cordeaux Heights property gains 5.5% last quarter

Figures by Cotality showed that Cordeaux Heights posted one of the strongest gains in the region with 5.5% growth over the quarter.

“Cordeaux Heights continues to be an attractive area for young families. It has quality schools, is close to the shops at Figtree, and only a short drive to Wollongong CBD with its world class entertainment and beaches,” Bartlett and Co. Property Principal Tim Bartlett said, “And with the University down there in Keiraville only a short drive away, Cordeaux Heights will probably remain on people’s wish list.”

What’s the stage of the market in Figtree?

In the year to the end of the September quarter, the median price in Figtree across units and houses sat at $1.1 million according to new data by Price Finder.

With 154 sales in Figtree in the 12 months to October, Bartlett and Co. Property’s Tim Bartlett says that while it remains one of the Illawarra’s traditional family friendly suburbs, its also gaining attention among investors.

“The strong rents in the area represent an attractive 3.7% yield for investors with an average rent of $780 per week,” Tim says, citing Price Finder data.

“Figtree has plenty to offer in terms of leafy streets, well established neighbourhoods and good solid 3 or 4 bedroom homes.”