Griffith, nestled in the heart of the Riverina region, continues to showcase resilience and growth in its real estate market. As we step into the second half of 2025, let's delve into the key trends shaping property dynamics in this vibrant regional hub.
The residential sector in Griffith remains robust. Over the past year, median house prices have hovered around $585,000, while units have seen median prices of approximately $388,250. This stability underscores the town's appeal to both homeowners and investors seeking value in regional NSW (realestate.com.au)
However, the rental landscape tells a different story. Rents have surged by 9%, with the average weekly lease now at $490. This uptick reflects a tightening rental market, driven by limited housing supply and growing demand. (regionriverina.com.au)
Griffith's commercial real estate sector has experienced significant appreciation. Between 2021 and 2022, commercial land values in the Riverina region increased by 15.3%, with Griffith accounting for a substantial 23% of this growth. This trend highlights the town's expanding economic activities and its attractiveness to business investors.(commercialrealestate.com.au+2griffithre.com+2dailytelegraph.com.au+2)
A notable event in the commercial arena is the listing of The Gem Hotel for over $50 million. This 4-star establishment, boasting 65 rooms and significant annual revenues, underscores the confidence investors have in Griffith's hospitality and tourism sectors. (dailytelegraph.com.au+1commercialrealestate.com.au+1)
The NSW government has introduced new legislation targeting deceptive practices in real estate advertising. The amended Residential Tenancies Bill 2025 mandates disclosures for digitally altered property images and imposes stricter privacy protections for tenants. These measures aim to enhance transparency and trust in the rental market. (theguardian.com+1dailytelegraph.com.au+1dailytelegraph.com.au+1theguardian.com+1)
Looking ahead, Griffith's real estate market is poised for continued growth. Factors such as infrastructure developments, a strong local economy, and lifestyle appeal contribute to its positive trajectory. However, challenges like housing shortages and rising rents necessitate strategic planning and investment to ensure sustainable development. (propertyme.com.aunews.com.au+1regionriverina.com.au+1)