Long term land value trends

The tables below are a record of land values and market trends for selected benchmark properties across local government areas and property types.

The tables include benchmark properties, their land value, annual movement (%) and an index. The index for 1996 (base year) is 100. Table numbers used since the 2017 land values have been simplified from those used in prior years.

Occasionally the benchmark property may need to be changed for reasons such as subdivision, amalgamation and rezoning, so values may differ from those published previously.

Rural property tables are no longer based on cleared, fenced and watered land or excluding buildings, as previously shown. They now show land value only.

What is a benchmark property?

Most properties are valued in groups called components. A representative property is selected for each group and is known as the benchmark property. Each year the benchmark property is individually valued using market evidence to calculate its rate of change from the previous valuing year. This change is then applied to all the properties in the group.

Metropolitan land values

Table 1 Residential sites - Sydney area

Street and suburb	Dimensions (Metres)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		168,511	938,732	1,074,804	1,100,643	977,479	1,036,143	1,294,821	1,570,536	1,495,929
Variation from previous year			10%	14%	2%	-11%	6%	25%	21%	-5%
Benchmark index (1996=100)		100	557	638	653	580	615	768	932	888
Dudley St, Asquith 2077	15 x 46	141,000	755,000	860,000	860,000	714,000	800,000	950,000	1,190,000	1,160,000	-3%
Cumberland Rd, Auburn 2144	12 x 40	127,000	578,000	645,000	630,000	573,000	647,000	760,000	890,000	805,000	-10%
Carole Ave, Baulkham Hills 2153	20 x 34	109,000	695,000	834,000	750,000	650,000	715,000	860,000	1,050,000	970,000	-8%
Beresford Rd, Bellevue Hill 2023	15 x 45	572,000	2,900,000	3,200,000	3,350,000	3,190,000	3,270,000	4,190,000	5,250,000	5,740,000	9%
Joalah Cres, Berowra Heights 2082	19 x 48	136,000	583,000	650,000	665,000	555,000	600,000	730,000	885,000	854,000	-4%
Rowntree St, Birchgrove 2041	7 x 29	171,000	1,150,000	1,340,000	1,540,000	1,430,000	1,720,000	2,110,000	2,310,000	2,250,000	-3%
Robertswood Ave, Blaxland 2774	19 x 37	85,000	326,000	388,000	426,000	392,000	392,000	441,000	568,000	588,000	4%
Coonong St, Busby 2168	17 x 34	67,600	365,000	450,000	450,000	405,000	410,000	470,000	625,000	540,000	-14%
Raymond Ave, Campbelltown 2560	17 x 35	60,200	319,000	390,000	390,000	351,000	351,000	445,000	565,000	520,000	-8%
Carramarr Rd, Castle Hill 2154	18 x 38	147,000	850,000	960,000	960,000	820,000	900,000	1,080,000	1,350,000	1,250,000	-7%
Holland St, Chatswood 2067	15 x 41	333,000	1,570,000	1,880,000	1,880,000	1,550,000	1,670,000	2,160,000	2,620,000	2,500,000	-5%
Woodland Rd, Chester Hill 2162	16 x 35	110,000	615,000	670,000	630,000	542,000	564,000	676,000	899,000	836,000	-7%
Harbour St, Cronulla 2230	20 x 29	302,000	1,450,000	1,530,000	1,600,000	1,500,000	1,630,000	2,290,000	2,620,000	2,480,000	-5%
Macarthur Ave, Crows Nest 2065	17 x 25	203,000	1,400,000	1,600,000	1,750,000	1,650,000	1,700,000	2,180,000	2,550,000	2,330,000	-9%
Broad St, Croydon Park 2133	10 x 46	135,000	950,000	1,000,000	1,000,000	843,000	799,000	992,000	1,290,000	1,290,000	0%
Devonshire St, Croydon 2132	13 x 45	237,000	1,460,000	1,580,000	1,720,000	1,460,000	1,550,000	1,850,000	2,340,000	1,890,000	-19%
Aranda Dr, Davidson 2085	23 x 28	240,000	910,000	1,050,000	1,050,000	815,000	830,000	1,040,000	1,360,000	1,220,000	-10%
Military Rd, Dover Heights 2030	15 x 32	383,019	1,950,000	2,070,000	2,100,000	1,990,000	1,990,000	2,540,000	3,400,000	3,400,000	0%
Market St, Drummoyne 2047	10 x 40	165,000	1,340,000	1,510,000	1,590,000	1,430,000	1,500,000	1,850,000	2,400,000	2,130,000	-11%
Fricourt Ave, Earlwood 2206	13 x 43	254,000	1,300,000	1,470,000	1,470,000	1,320,000	1,480,000	1,700,000	2,350,000	2,020,000	-14%
Naranga Ave, Engadine 2233	15 x 37	126,000	625,000	660,000	640,000	574,000	599,000	739,000	824,000	785,000	-5%
Autumn Pl, Guildford 2161	14 x 40	100,000	500,000	570,000	560,000	519,000	546,000	655,000	799,000	795,000	-1%
Cornwell Ave, Hobartville 2753	16 x 37	64,800	380,000	400,000	400,000	360,000	360,000	400,000	540,000	500,000	-7%
Lily St, Hurstville 2220	12 x 40	165,000	1,000,000	1,150,000	1,100,000	825,000	900,000	1,170,000	1,290,000	1,170,000	-9%
Wattle Rd, Jannali 2226	14 x 43	142,000	720,000	775,000	775,000	699,000	724,000	944,000	1,020,000	999,000	-2%
Albion St, Katoomba 2780	25 x 36	34,400	197,000	249,000	309,000	309,000	309,000	378,000	494,000	470,000	-5%
Albion St, Katoomba 2780	25 x 41	35,500	203,000	256,000	318,000	318,000	318,000	390,000	510,000	485,000	-5%
Elva Ave, Killara 2071	15 x 56	385,000	1,470,000	1,750,000	1,750,000	1,610,000	1,750,000	2,310,000	2,870,000	2,750,000	-4%
Bridge St, Lane Cove 2066	15 x 40	214,000	1,130,000	1,350,000	1,500,000	1,330,000	1,400,000	1,800,000	2,100,000	1,890,000	-10%
North Ave, Leichhardt 2040	7 x 27	121,000	876,000	999,000	1,050,000	940,000	1,015,000	1,260,000	1,310,000	1,220,000	-7%
Addison Rd, Manly 2095	11 x 37	290,000	2,450,000	3,000,000	3,000,000	2,530,000	2,780,000	3,600,000	4,100,000	4,100,000	0%
Fernbank St, Marrickville 2204	6 x 31	80,000	824,000	972,000	1,000,000	930,000	990,000	1,190,000	1,260,000	1,200,000	-5%
Aspinall Ave, Minchinbury 2770	19 x 33	78,600	355,000	390,000	420,000	390,000	420,000	510,000	601,000	600,000	0%
Edward Ave, Miranda 2228	15 x 37	192,000	774,000	850,000	850,000	775,000	825,000	1,050,000	1,170,000	1,110,000	-5%
Jeanette Ave, Mona Vale 2103	19 x 37	223,000	945,000	1,120,000	1,120,000	905,000	905,000	1,130,000	1,400,000	1,310,000	-6%
Bond St, Mosman 2088	12 x 36	300,000	1,450,000	1,700,000	1,900,000	1,800,000	1,840,000	2,310,000	2,750,000	2,650,000	-4%
Angel St, Newtown 2042	4 x 30	79,286	798,000	915,000	870,000	748,000	834,000	934,000	1,070,000	1,070,000	0%
Reina St, North Bondi 2026	7 x 37	193,000	1,440,000	1,620,000	1,700,000	1,570,000	1,600,000	2,000,000	2,600,000	2,640,000	2%
Boorara Ave, Oatley 2223	20 x 25	211,915	975,000	1,150,000	1,200,000	999,000	1,060,000	1,400,000	1,520,000	1,370,000	-10%
Boundary St, Paddington 2021	5 x 26	148,000	870,000	989,000	1,050,000	984,000	999,000	1,380,000	1,700,000	1,700,000	0%
Cooper St, Penrith 2750	16 x 37	56,100	300,000	366,000	366,000	366,000	409,000	489,000	550,000	475,000	-14%
Amberdale Ave, Picnic Point 2213	15 x 37	144,000	750,000	780,000	750,000	675,000	709,000	992,000	1,200,000	1,080,000	-10%
Polonia Ave, Plumpton 2761	16 x 36	55,000	340,000	390,000	400,000	362,800	380,000	421,000	513,000	515,000	0%
Harris St, Pyrmont 2009	4 x 25	85,700	739,000	825,000	867,000	778,000	789,000	852,000	1,100,000	960,000	-13%
Challis St, Randwick 2031	10 x 28	288,000	1,600,000	1,850,000	1,900,000	1,770,000	1,870,000	2,390,000	2,890,000	2,600,000	-10%
George St, Redfern 2016	5 x 30	89,000	799,000	900,000	900,000	810,000	882,000	1,040,000	1,200,000	1,100,000	-8%
Coward St, Rosebery 2018	13 x 27	161,000	1,080,000	1,350,000	1,210,000	1,050,000	1,020,000	1,350,000	1,490,000	1,490,000	0%
Gladstone Ave, Ryde 2112	21 x 26	159,000	990,000	1,150,000	1,150,000	955,000	1,060,000	1,320,000	1,660,000	1,600,000	-4%
Albyn Rd, Strathfield 2135	15 x 51	357,000	1,920,000	2,360,000	2,480,000	2,050,000	2,260,000	2,800,000	3,500,000	3,400,000	-3%
Milne St, Tahmoor 2573	24 x 40	49,500	276,000	326,000	375,000	307,000	322,000	402,000	510,000	510,000	0%
Naranghi Ave, Telopea 2117	15 x 41	167,000	912,000	1,080,000	1,130,000	1,000,000	1,070,000	1,300,000	1,600,000	1,460,000	-9%
Wellington St, Wakeley 2176	15 x 37	115,000	460,000	535,000	550,000	520,000	540,000	625,000	720,000	685,000	-5%
Anne William Dr, West Pennant Hills 2125	20 x 46	165,000	1,000,000	1,150,000	1,140,000	970,000	1,070,000	1,350,000	1,700,000	1,600,000	-6%
Beauchamp St, Wiley Park 2195	10 x 56	127,000	630,000	700,000	700,000	602,000	632,000	726,000	877,000	789,000	-10%
Marconi St, Winston Hills 2153	15 x 37	116,000	625,000	725,000	665,000	586,000	645,000	780,000	1,030,000	980,000	-5%
Elizabeth Cres, Yagoona 2199	13 x 46	141,000	700,000	760,000	730,000	642,000	674,000	809,000	970,000	941,000	-3%

Table 2 Residential sites - Central Coast, Newcastle, Wollongong

Street and suburb	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average	82,867	349,417	418,083	465,833	438,667	448,500	618,167	732,917	693,750
Variation from previous year		11%	20%	11%	-6%	2%	38%	19%	-5%
Benchmark index (1996=100)	100	422	505	562	529	541	746	884	837
Woodlands Dr, Barrack Heights 2528	73,300	257,000	329,000	360,000	330,000	330,000	390,000	490,000	490,000	0%
Northlakes Dr, Cameron Park 2285	60,700	237,000	263,000	263,000	255,000	255,000	362,000	407,000	407,000	0%
Sullens Ave, East Gosford 2250	63,200	239,000	277,000	300,000	331,000	350,000	475,000	550,000	510,000	-7%
Minchinbury Cl, Eleebana 2282	74,000	335,000	369,000	395,000	367,000	390,000	525,000	593,000	620,000	5%
Old Station Rd, Helensburgh 2508	96,300	420,000	480,000	570,000	540,000	540,000	700,000	940,000	850,000	-10%
Crystal Ave, Horsley 2530	75,200	275,000	320,000	356,000	340,000	340,000	395,000	515,000	495,000	-4%
Anzac Rd, Long Jetty 2261	101,000	321,000	364,000	495,000	439,000	439,000	740,000	758,000	734,000	-3%
Ackeron St, Mayfield 2304	45,700	290,000	340,000	375,000	352,000	357,000	471,000	500,000	470,000	-6%
The Quarter Deck , Merewether Heights 2291	138,000	596,000	715,000	715,000	650,000	630,000	915,000	947,000	909,000	-4%
Soudan St, Thirroul 2515	103,000	530,000	640,000	760,000	730,000	810,000	1,100,000	1,450,000	1,300,000	-10%
Old Gosford Rd, Wamberal 2260	109,000	521,000	715,000	751,000	695,000	695,000	1,010,000	1,220,000	1,130,000	-7%
Fishburn Cres, Watanobbi 2259	55,000	172,000	205,000	250,000	235,000	246,000	335,000	425,000	410,000	-4%

Table 3 Commercial sites - Sydney, Newcastle, Wollongong

Street and suburb	Frontage (Metres)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		720,783	1,995,506	2,166,019	2,445,096	2,458,019	2,205,481	2,373,077	2,849,538	2,848,385
Variation from previous year			10%	9%	13%	1%	-10%	8%	20%	0%
Benchmark index (1996=100)		100	277	301	339	341	306	329	395	395
Bankstown City Plza, Bankstown 2200	11.38	367,000	1,430,000	1,550,000	1,550,000	1,550,000	1,395,000	2,060,000	2,380,000	2,100,000	-12%
Bankstown City Plza, Bankstown 2200	5.44	321,000	1,260,000	1,370,000	1,370,000	1,370,000	1,230,000	1,820,000	2,100,000	2,100,000	0%
Pacific Hwy, Belmont 2280	13.39	157,000	372,000	409,000	430,000	511,000	459,000	537,000	575,000	550,000	-4%
Oxford St, Bondi Junction 2022	5.33	214,000	1,010,000	1,090,000	1,170,000	1,170,000	1,180,000	1,320,000	1,470,000	1,330,000	-10%
Burwood Rd, Burwood 2134	6.53	582,000	3,250,000	3,080,000	3,280,000	2,850,000	2,850,000	3,200,000	3,670,000	3,350,000	-9%
Queen St, Campbelltown 2560	14.63	568,656	1,320,000	1,450,000	1,450,000	1,450,000	1,300,000	1,300,000	1,500,000	1,500,000	0%
Beamish St, Campsie 2194	5.08	368,000	1,320,000	1,320,000	1,790,000	1,790,000	1,600,000	1,960,000	1,870,000	1,870,000	0%
Denman Ave, Caringbah 2229	23.99	244,000	1,010,000	1,150,000	1,340,000	1,340,000	1,200,000	1,310,000	1,420,000	1,490,000	5%
Hopetoun St, Charlestown 2290	20.12	266,000	896,000	1,020,000	1,120,000	1,190,000	1,070,000	1,330,000	1,530,000	1,430,000	-7%
Victoria Ave, Chatswood 2067	6.1	1,290,000	4,420,000	4,730,000	4,730,000	4,730,000	4,020,000	4,400,000	5,000,000	5,660,000	13%
Pacific Pde, Dee Why 2099	15.24	433,000	1,750,000	1,750,000	2,090,000	2,300,000	2,200,000	2,400,000	2,680,000	2,780,000	4%
Pittwater Rd, Gladesville 2111		157,000	2,810,000	3,000,000	3,300,000	3,300,000	3,300,000	3,750,000	5,680,000	4,130,000	-27%
Watt St, Gosford 2250	12.95	164,000	430,000	450,000	480,000	480,000	480,000	582,000	717,000	724,000	1%
Florence St, Hornsby 2077	13.4	850,000	3,660,000	3,660,000	3,660,000	3,660,000	3,660,000	3,660,000	4,500,000	4,500,000	0%
Forest Rd, Hurstville 2220	4.57	368,696	1,850,000	2,100,000	2,150,000	2,100,000	1,890,000	1,890,000	2,070,000	1,900,000	-8%
Katoomba St, Katoomba 2780	9.75	159,000	369,000	409,000	429,000	446,000	401,000	429,000	494,000	522,000	6%
Macquarie St, Liverpool 2170	9.12	340,000	1,090,000	1,380,000	1,880,000	1,380,000	1,270,000	1,270,000	1,680,000	1,540,000	-8%
Illawarra Rd, Marrickville 2204	5.49	136,000	697,000	776,000	802,000	721,000	648,000	648,000	839,000	760,000	-9%
Military Rd, Neutral Bay 2089	9.76	351,000	1,399,650	1,520,000	2,240,000	2,240,000	2,080,000	2,240,000	2,550,000	2,650,000	4%
King St, Newcastle 2300	13.67	130,000	574,000	775,000	911,000	865,000	778,000	980,000	1,160,000	1,160,000	0%
King St, Newtown 2042	4.83	100,000	1,000,000	1,050,000	1,050,000	850,000	765,000	1,030,000	1,180,000	1,310,000	11%
Church St, Parramatta 2150	6.78	260,000	904,000	1,040,000	1,200,000	1,320,000	1,180,000	1,180,000	2,350,000	2,470,000	5%
High St, Penrith 2750	7.32	544,000	719,000	755,000	793,000	793,000	713,000	713,000	1,220,000	1,340,000	10%
Willis St, Rooty Hill 2766		35,000	82,500	82,500	82,500	82,500	82,500	101,000	104,000	104,000	0%
George St, Sydney 2000	20.59	9,975,000	17,500,000	19,500,000	23,300,000	24,400,000	20,700,000	20,700,000	24,400,000	25,800,000	6%
Crown St, Wollongong 2500	6.73	360,000	760,000	900,000	975,000	1,020,000	891,000	890,000	949,000	988,000	4%

Table 4 Small industrial sites - Sydney, Newcastle, Wollongong

Street and suburb	Area (M²)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		255,225	1,132,200	1,276,500	1,435,500	1,509,050	1,588,950	2,087,050	2,705,450	2,964,500
Variation from previous year			14%	13%	12%	5%	5%	31%	30%	10%
Benchmark index (1996=100)		100	444	500	562	591	623	818	1,060	1,162
Huntley St, Alexandria 2015	4,041	934,000	5,730,000	6,370,000	7,000,000	7,000,000	7,490,000	12,100,000	13,800,000	14,500,000	5%
Whiting St, Artarmon 2064	644	309,000	871,000	958,000	1,540,000	1,430,000	1,430,000	1,600,000	2,060,000	2,460,000	19%
Sunnyholt Rd, Blacktown 2148	2,415	181,000	882,000	1,000,000	1,040,000	1,110,000	1,160,000	1,330,000	2,500,000	3,750,000	50%
Luland St, Botany 2019	2,217	123,000	2,070,000	2,230,000	2,230,000	2,380,000	2,610,000	3,110,000	3,970,000	4,200,000	6%
Cross St, Brookvale 2100	923	297,000	978,000	978,000	1,130,000	1,220,000	1,180,000	1,400,000	1,700,000	1,960,000	15%
Mitchell Rd, Cardiff 2285	2,987	159,000	418,000	447,000	460,000	478,000	525,000	777,000	1,160,000	1,410,000	22%
Resolution Dr, Caringbah 2229	1,750	330,232	1,150,000	1,300,000	1,400,000	1,650,000	1,650,000	1,840,000	2,200,000	2,400,000	9%
Denison St, Carrington 2294	253	20,300	281,000	315,000	347,000	451,000	451,000	586,000	649,000	625,000	-4%
Boola Pl, Cromer 2099	1,112	377,000	740,000	925,000	925,000	1,000,000	1,000,000	1,120,000	1,420,000	1,750,000	23%
Kingsford St, Fairy Meadow 2519	734	90,800	366,000	385,000	440,000	475,000	510,000	580,000	820,000	805,000	-2%
Stennett Rd, Ingleburn 2565	2,209	115,169	665,000	1,000,000	1,100,000	1,240,000	1,360,000	1,500,000	2,280,000	3,080,000	35%
Batt St, Jamisontown 2750	2,642	225,000	1,120,000	1,180,000	1,350,000	1,350,000	1,500,000	2,370,000	2,820,000	2,820,000	0%
East St, Lidcombe 2141	564	141,000	385,000	694,000	1,000,000	1,000,000	1,000,000	1,070,000	1,590,000	1,500,000	-6%
Barclay St, Marrickville 2204	1,682	440,000	2,110,000	2,530,000	2,960,000	2,960,000	3,250,000	3,860,000	5,080,000	5,340,000	5%
Seton Rd, Moorebank 2170	1,859	186,000	799,000	835,000	930,000	1,020,000	1,070,000	1,600,000	2,320,000	2,320,000	0%
Beaumont Rd, Mount Kuring-Gai 2080	4,331	345,000	845,000	930,000	967,000	1,070,000	1,130,000	1,300,000	1,600,000	1,650,000	3%
Bonds Rd, Riverwood 2210	2,213	389,000	1,400,000	1,400,000	1,400,000	1,540,000	1,540,000	2,040,000	2,920,000	3,280,000	12%
The Horsley Dr, Smithfield 2164	1,808	181,000	870,000	970,000	1,190,000	1,190,000	1,260,000	1,570,000	2,500,000	2,670,000	7%
Waverley Dr, Unanderra 2526	1,980	115,000	487,000	511,000	557,000	650,000	696,000	788,000	1,130,000	1,250,000	11%
Marstan Cl, West Gosford 2250	1,966	146,000	477,000	572,000	744,000	967,000	967,000	1,200,000	1,590,000	1,520,000	-4%

Table 5 Large industrial sites - Sydney, Newcastle, Wollongong

Street and suburb	Area (Hectares)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		1,003,898	3,762,917	4,212,583	4,600,000	4,910,833	5,024,167	6,268,333	11,338,333	12,322,500
Variation from previous year			11%	12%	9%	7%	2%	25%	81%	9%
Benchmark index (1996=100)		100	375	420	458	489	500	624	1,129	1,227
Cawarra Rd, Caringbah 2229	0.3	510,936	2,450,000	2,770,000	3,270,000	3,270,000	3,270,000	4,050,000	5,490,000	5,900,000	7%
Parker St, Carrington 2294	0.5	283,000	959,000	1,010,000	1,010,000	1,010,000	1,010,000	1,210,000	1,750,000	1,920,000	10%
Railway Pde, Marrickville 2204	0.0	102,162	801,000	881,000	1,040,000	1,140,000	1,250,000	1,480,000	1,950,000	2,050,000	5%
Ashford Ave, Milperra 2214	1.8	0	6,500,000	6,500,000	6,500,000	6,830,000	6,830,000	9,780,000	20,400,000	22,500,000	10%
Airds Rd, Minto 2566	2.1	719,000	3,820,000	5,230,000	5,750,000	6,420,000	7,060,000	7,840,000	17,000,000	18,800,000	11%
Airds Rd, Minto 2566	2.6	853,000	4,900,000	6,460,000	7,100,000	7,930,000	8,720,000	9,680,000	21,000,000	23,200,000	10%
Helles Ave, Moorebank 2170	1.6	800,000	4,730,000	5,060,000	5,720,000	6,210,000	6,520,000	7,730,000	14,500,000	14,500,000	0%
Julius Ave, North Ryde 2113	1.1	4,110,000	5,120,000	5,550,000	5,700,000	5,800,000	4,930,000	5,750,000	8,970,000	9,400,000	5%
Briens Rd, Northmead 2152	3.7	3,100,000	9,500,000	10,500,000	12,300,000	13,000,000	13,200,000	18,200,000	27,000,000	29,700,000	10%
Bonds Rd, Punchbowl 2196	1.0	1,250,000	4,800,000	4,800,000	4,800,000	5,030,000	5,030,000	6,570,000	13,700,000	15,100,000	10%
Prince Of Wales Ave, Unanderra 2526	0.3	140,000	700,000	720,000	800,000	940,000	980,000	1,080,000	1,800,000	2,100,000	17%
Redfern St, Wetherill Park 2164	0.2	178,683	875,000	1,070,000	1,210,000	1,350,000	1,490,000	1,850,000	2,500,000	2,700,000	8%

Table 6 Hobby farms and home sites - Sydney area

Street and suburb	Area (Hectares)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		211,493	1,032,714	1,303,500	1,382,571	1,361,143	1,379,357	1,755,786	2,361,429	2,623,571
Variation from previous year			23%	26%	6%	-2%	1%	27%	34%	11%
Benchmark index (1996=100)		100	488	616	654	644	652	830	1,117	1,241
Amanda Pl, Annangrove 2156	2.0	299,000	1,270,000	1,700,000	1,770,000	1,500,000	1,510,000	1,810,000	2,530,000	2,400,000	-5%
Blacks Rd, Arcadia 2159	2.0	286,000	1,300,000	1,630,000	1,630,000	1,350,000	1,420,000	1,770,000	2,470,000	2,220,000	-10%
Dymond St, Bargo 2574	1.1	93,900	486,000	608,000	650,000	620,000	620,000	760,000	920,000	920,000	0%
Freemans Dr, Cooranbong 2265	1.1	82,000	380,000	464,000	501,000	538,000	508,000	548,000	770,000	730,000	-5%
Brooks Rd, Denham Court 2565	1.0	229,000	933,000	933,000	933,000	933,000	933,000	1,030,000	1,340,000	1,480,000	10%
Mooresfield Lane, Ellis Lane 2570	0.4	146,000	718,000	900,000	900,000	900,000	900,000	1,000,000	1,450,000	1,350,000	-7%
Reserve Rd, Freemans Reach 2756	2.1	165,000	578,000	715,000	830,000	692,000	701,000	868,000	1,210,000	1,130,000	-7%
Felton St, Horsley Park 2175	1.2	185,000	1,200,000	1,560,000	1,760,000	1,760,000	1,760,000	1,940,000	2,430,000	2,990,000	23%
Excelsior St, Lisarow 2250	1.1	165,000	404,000	469,000	605,000	586,000	586,000	825,000	1,020,000	970,000	-5%
Mark Rd, Nelson 2765	2.1	192,000	1,300,000	1,880,000	2,000,000	2,200,000	2,310,000	2,470,000	3,500,000	3,500,000	0%
Cross Rd, Orchard Hills 2748	2.0	214,000	1,410,000	1,600,000	1,540,000	1,540,000	1,560,000	2,020,000	2,980,000	5,000,000	68%
Samuel Marsden Rd, Orchard Hills 2748	0.8	134,000	579,000	920,000	887,000	887,000	903,000	1,690,000	2,500,000	3,800,000	52%
Wynyard Ave, Rossmore 2557	2.2	224,000	1,610,000	2,230,000	2,450,000	2,550,000	2,600,000	4,010,000	5,340,000	5,340,000	0%
Kulgoa Cres, Terrey Hills 2084	1.8	546,000	2,290,000	2,640,000	2,900,000	3,000,000	3,000,000	3,840,000	4,600,000	4,900,000	7%

Country land values

Table 7 Commercial sites - towns and cities

Street and suburb	Frontage (Metres)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		168,027	295,919	305,978	325,756	333,194	319,072	361,663	443,813	458,556
Variation from previous year			3%	3%	6%	2%	-4%	13%	23%	3%
Benchmark index (1996=100)		100	176	182	194	198	190	215	264	273
Dean St, Albury 2640	5.05	278,000	550,188	550,000	575,000	583,000	524,000	602,000	740,000	748,000	1%
Beardy St, Armidale 2350	20.73	170,000	264,000	264,000	264,000	264,000	237,000	237,000	340,000	340,000	0%
River St, Ballina 2478		300,000	305,000	335,000	370,000	382,000	343,000	430,000	455,000	455,000	0%
Orient St, Batemans Bay 2536		282,000	630,000	630,000	662,000	662,000	662,000	945,000	1,140,000	1,140,000	0%
William St, Bathurst 2795	12.26	260,000	333,000	333,000	333,000	353,000	317,000	331,000	399,000	399,000	0%
Carp St, Bega 2550		78,000	170,000	170,000	187,000	255,000	255,000	255,000	350,000	350,000	0%
Argent St, Broken Hill 2880	11.78	16,100	45,600	36,480	36,480	36,500	36,500	36,500	50,900	50,900	0%
Harbour Dr, Coffs Harbour 2450	7.31	160,000	634,000	645,000	653,000	653,000	587,000	675,000	910,000	1,250,000	37%
Bombala St, Cooma 2630	16.74	33,000	145,000	145,000	160,000	176,000	176,000	176,000	264,000	264,000	0%
Kendal St, Cowra 2794	10.62	95,000	75,100	79,000	79,500	79,500	81,700	85,700	104,000	110,000	6%
George St, Deniliquin 2710	15.24	80,000	59,900	61,600	67,700	67,700	60,900	69,000	86,200	89,000	3%
Cobra St, Dubbo 2830	24.38	132,000	321,000	321,000	450,000	450,000	450,000	461,000	530,000	530,000	0%
Auburn St, Goulburn 2580	7.32	113,000	280,000	280,000	280,000	322,000	322,000	386,000	463,000	463,000	0%
Prince St, Grafton 2460	10.16	145,000	156,000	166,000	169,000	169,000	152,000	159,000	169,000	180,000	7%
Banna Ave, Griffith 2680		125,000	247,000	281,000	324,000	324,000	324,000	324,000	362,000	362,000	0%
Woodlark St, Lismore 2480	6.1	223,000	180,000	179,000	185,000	185,000	166,000	186,000	119,000	119,000	0%
Mort St, Lithgow 2790	17.53	49,500	104,000	109,000	125,000	135,000	139,000	139,000	160,000	160,000	0%
Denman St, Maitland 2320	19.26	63,500	145,000	165,000	172,000	172,000	172,000	240,000	379,000	415,000	9%
Market St, Merimbula 2548		149,000	500,000	500,000	525,000	525,000	525,000	525,000	710,000	708,000	0%
Heber St, Moree 2400		143,000	140,000	140,000	140,000	140,000	140,000	140,000	144,000	172,000	19%
Church St, Mudgee 2850	7.76	127,000	272,000	286,000	329,000	334,000	300,000	372,000	530,000	530,000	0%
Bridge St, Muswellbrook 2333	11.76	23,455	58,000	58,000	58,000	58,000	52,200	58,000	88,900	88,900	0%
Junction St, Nowra 2541	6.71	225,000	515,000	567,000	596,000	632,000	632,000	632,000	790,000	790,000	0%
Summer St, Orange 2800		205,000	295,610	313,000	322,000	325,000	292,000	336,000	440,000	449,000	2%
Clarinda St, Parkes 2870	6.87	83,300	75,000	75,000	90,000	108,000	108,000	108,000	113,000	113,000	0%
Horton St, Port Macquarie 2444		600,000	830,000	830,000	840,000	840,000	756,000	964,000	1,100,000	1,100,000	0%
Crawford St, Queanbeyan 2620		144,000	358,000	369,000	385,000	385,000	385,000	577,000	865,000	865,000	0%
Peel St, Tamworth 2340	6.25	165,000	402,000	442,200	464,500	464,500	464,000	464,000	505,000	505,000	0%
Manning St, Taree 2430	12.8	239,000	282,000	282,000	310,000	310,000	279,000	309,000	335,000	335,000	0%
Beryl St, Tweed Heads 2485	15.09	194,000	410,000	467,000	535,000	535,000	535,000	601,000	735,000	735,000	0%
Baylis St, Wagga Wagga 2650	8.03	360,000	550,000	575,000	600,000	600,000	600,000	600,000	660,000	693,000	5%
Boorowa St, Young 2594		116,000	137,000	137,000	137,000	137,000	137,000	150,000	165,000	165,000	0%

Table 8 Residential sites - coastal towns and cities

Street and suburb	Dimensions (Metres)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		57,041	218,967	254,189	287,983	292,489	290,444	386,333	547,333	525,722
Variation from previous year			8%	16%	13%	2%	-1%	33%	42%	-4%
Benchmark index (1996=100)		100	384	446	505	513	509	677	960	922
Catherine Cres, Ballina 2478	19 x 34	76,200	250,000	300,000	315,000	315,000	315,000	441,000	585,000	530,000	-9%
Biby Pl, Banora Point 2486	33 x 29	75,900	240,000	270,000	296,000	296,000	296,000	355,000	443,000	435,000	-2%
Ravenswood St, Bega 2550	19 x 38	28,000	73,200	84,200	97,700	116,000	116,000	170,000	245,000	230,000	-6%
Beryl St, Coffs Harbour 2450	21 x	48,500	165,000	180,000	190,000	190,000	190,000	238,000	350,000	375,000	7%
Akala Ave, Forster 2428	23 x 34	70,000	200,000	220,000	260,000	260,000	260,000	309,000	510,000	465,000	-9%
Greenhills Dr, Goonellabah 2480	31 x 38	49,600	140,000	150,000	165,000	174,000	200,000	230,000	345,000	300,000	-13%
Chapman St, Kiama 2533	18 x 40	86,200	636,000	723,000	868,000	868,000	744,000	1,150,000	1,500,000	1,400,000	-7%
Sommerville Cl, Kiama 2533	20 x 35	96,738	550,000	625,000	750,000	750,000	750,000	1,010,000	1,550,000	1,440,000	-7%
Lakeview Ave, Merimbula 2548	22 x 52	78,100	278,000	334,000	367,000	379,000	379,000	472,000	777,000	815,000	5%
Wagawn Dr, Murwillumbah 2484	16 x 35	55,600	165,000	205,000	220,000	220,000	242,000	296,000	377,000	377,000	0%
Bay St, Nelson Bay 2315	15 x 50	75,300	259,000	295,000	313,000	303,000	306,000	394,000	543,000	526,000	-3%
Clipper Rd, Nowra 2541	15 x 30	28,700	102,000	143,000	174,000	157,800	145,000	200,000	300,000	300,000	0%
Calwalla Cres, Port Macquarie 2444	18 x 32	61,600	270,000	300,000	310,000	310,000	310,000	387,000	500,000	470,000	-6%
Haigh St, South Grafton 2460	15 x 38	29,500	60,200	60,200	65,000	70,000	70,000	85,000	120,000	120,000	0%
Surf Beach Ave, Surf Beach 2536	17 x 34	35,600	130,000	137,000	158,000	182,000	200,000	270,000	432,000	432,000	0%
Deb St, Taree 2430	22 x 40	51,100	100,000	113,000	141,000	141,000	165,000	212,000	270,000	243,000	-10%
Church St, Ulladulla 2539		39,200	163,000	220,000	249,000	268,000	270,000	365,000	505,000	505,000	0%
Leigh Cres, Ulladulla 2539	18 x 38	40,900	160,000	216,000	245,000	265,000	270,000	370,000	500,000	500,000	0%

Table 9 Residential sites - inland towns and cities

Street and suburb	Dimensions (Metres)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		30,797	105,510	114,417	124,009	126,732	128,363	154,297	217,537	222,363
Variation from previous year			6%	8%	8%	2%	1%	20%	41%	2%
Benchmark index (1996=100)		100	343	372	403	412	417	501	706	722
Bishop Cres, Armidale 2350		43,000	140,000	140,000	140,000	140,000	140,000	150,000	210,000	210,000	0%
Hope St, Bathurst 2795		63,900	169,000	169,000	169,000	195,000	210,000	240,000	350,000	360,000	3%
Holly St, Bowral 2576	15 x 50	71,800	447,000	514,000	668,000	668,000	668,000	800,000	1,120,000	1,070,000	-4%
Catherine St, Cessnock 2325	20 x 40	37,900	139,000	144,000	144,000	144,000	144,000	205,000	360,000	305,000	-15%
Brough St, Cobar 2835		17,900	18,000	19,800	19,800	16,700	16,700	16,700	18,400	21,100	15%
Stratos Pl, Cooma 2630		15,000	71,400	71,400	73,100	91,300	80,000	119,000	208,000	228,000	10%
Woolalla St, Cooma 2630	18 x 33	14,900	72,600	73,000	77,300	88,800	97,600	112,000	196,000	215,000	10%
Dalgarno St, Coonabarabran 2357	18 x 49	13,300	34,000	34,000	34,000	34,000	34,000	34,000	39,100	58,600	50%
Eurimie St, Coonamble 2829		11,100	23,400	23,400	23,400	23,400	23,400	23,800	28,500	31,300	10%
Murray St, Cootamundra 2590	16 x 52	16,200	57,900	63,700	67,000	67,000	67,000	80,400	116,000	141,000	22%
Bligh St, Cowra 2794	18 x 53	16,800	53,020	53,400	54,500	54,500	59,900	95,000	140,000	195,000	39%
Beatty Cres, Crestwood 2620		47,370	267,000	272,000	288,000	316,000	331,000	413,000	536,000	509,000	-5%
Crown St, Crookwell 2583		18,300	72,100	75,700	79,500	83,400	91,700	110,000	126,000	126,000	0%
Maher St, Deniliquin 2710	20 x 50	24,200	51,900	52,900	56,600	56,600	52,500	65,000	110,000	113,000	3%
Jacqueline Dr, Dubbo 2830		35,000	104,000	119,000	125,000	143,000	143,000	164,000	180,000	180,000	0%
William St, East Maitland 2323	17 x 34	48,100	193,000	212,000	233,000	233,000	233,000	330,000	450,000	450,000	0%
Mary St, Goulburn 2580	20 x 30	38,100	100,000	130,000	169,000	169,000	169,000	202,000	242,000	254,000	5%
Mcinnes St, Griffith 2680	18 x 46	46,900	106,000	106,000	106,000	127,000	133,000	152,000	220,000	220,000	0%
Eighth Division Memorial Ave, Gunnedah 2380		38,200	117,000	117,000	117,000	117,000	95,000	97,800	107,000	150,000	40%
Froude St, Inverell 2360	16 x 43	21,000	62,700	63,000	64,500	64,500	64,500	72,500	105,000	105,000	0%
Alldis Pl, Kooringal 2650	20 x 46	54,500	138,000	140,000	140,000	140,000	140,000	149,000	171,000	205,000	20%
Ashford St, Lavington 2641	16 x 47	29,500	97,481	97,900	97,900	101,000	102,000	114,000	160,000	162,000	1%
Teak St, Leeton 2705	18 x 46	23,800	53,000	53,000	51,900	51,900	51,900	54,400	76,100	79,900	5%
Malvern St, Lithgow 2790	12 x 46	36,700	110,000	110,000	110,000	114,000	117,000	120,000	180,000	190,000	6%
Jacaranda Dr, Moree 2400		25,000	35,400	37,200	37,200	37,200	37,200	38,600	48,200	50,600	5%
Church Rd, Moss Vale 2577	38 x 70	60,900	360,000	504,000	555,000	500,000	500,000	697,000	1,070,000	1,000,000	-7%
Madeira Rd, Mudgee 2850	22 x 49	43,900	138,000	138,000	145,000	130,000	138,000	172,000	330,000	339,000	3%
Kamilaroi St, Muswellbrook 2333	20 x 40	42,700	80,000	80,000	80,000	80,000	80,000	85,000	135,000	145,000	7%
Cannonbar St, Nyngan 2825	18 x 53	8,620	22,500	20,250	20,250	20,200	20,200	20,200	22,200	31,000	40%
Banksia St, Orange 2800		36,500	123,000	123,000	131,000	148,000	159,000	219,000	292,000	322,000	10%
East St, Parkes 2870	16 x 35	25,900	57,300	71,600	78,800	78,800	94,500	99,200	114,000	119,000	4%
Bell St, South Tamworth 2340	20 x 40	32,000	99,200	110,000	115,500	115,500	115,000	120,000	160,000	160,000	0%
Anderson Pl, Tumut 2720		38,347	104,978	107,000	110,000	110,000	110,000	110,000	132,000	132,000	0%
Euroka St, Walgett 2832		9,450	24,000	24,000	24,000	24,000	24,000	24,000	26,600	26,600	0%
Fox St, Walgett 2832		5,110	13,000	13,000	13,000	13,000	13,000	13,000	14,400	14,400	0%
Reid St, Wellington 2820	25 x 41	15,400	26,000	26,000	27,400	27,400	30,100	31,600	37,900	47,300	25%
Meehan St, Yass 2582	16 x 41	23,500	166,000	174,000	188,000	210,000	210,000	215,000	322,000	338,000	5%
Henry Pl, Young 2594	20 x 41	19,500	62,500	65,600	78,700	82,600	82,600	99,100	113,000	146,000	29%

Table 10 Small industrial sites - towns and cities

Street and suburb	Area (M²)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		70,759	240,092	244,559	259,588	272,294	275,176	309,118	388,941	441,412
Variation from previous year			3%	2%	6%	5%	1%	12%	26%	13%
Benchmark index (1996=100)		100	339	346	367	385	389	437	550	624
Wright Pl, Armidale 2350	1,473	62,500	300,000	300,000	300,000	300,000	300,000	300,000	400,000	400,000	0%
Southern Cross Dr, Ballina 2478	1,250	73,500	405,000	445,000	445,000	487,000	487,000	585,000	710,000	732,000	3%
Concorde Way, Bomaderry 2541	2,077	70,000	176,000	211,000	243,000	243,000	243,000	325,000	500,000	501,000	0%
June St, Coffs Harbour 2450	1,593	95,400	280,000	295,000	335,000	335,000	375,000	394,000	520,000	530,000	2%
Douglas Mawson Rd, Dubbo 2830	6,488	70,200	259,000	259,000	259,000	259,000	259,000	266,000	292,000	321,000	10%
Holland St, Goonellabah 2480	1,373	38,800	155,000	170,000	170,000	180,000	180,000	200,000	270,000	340,000	26%
Sydney Rd, Goulburn 2580	1,730	52,780	244,000	150,000	165,000	247,000	247,000	271,000	411,000	493,000	20%
Kembla Pl, Kelso 2795	5,399	77,035	229,000	246,000	344,000	360,000	345,000	377,000	412,000	479,000	16%
Industrial Dr, Moree 2400	6,087	40,400	108,000	108,000	108,000	108,000	108,000	108,000	118,000	118,000	0%
Industrial Cl, Muswellbrook 2333	2,236	23,100	77,500	80,000	80,000	80,000	80,000	80,000	110,000	135,000	23%
Metry St, North Albury 2640	2,030	43,700	170,068	170,000	170,000	185,000	206,000	247,000	306,000	413,000	35%
Gilmore Rd, Queanbeyan West 2620	2,080	68,500	429,000	442,000	468,000	468,000	491,000	589,000	765,000	1,070,000	40%
Mayfield St, South Murwillumbah 2484	4,047	115,000	320,000	320,000	320,000	320,000	320,000	376,000	460,000	550,000	20%
Barnes St, Taminda 2340	1,650	79,185	195,000	214,500	230,000	230,000	230,000	230,000	250,000	250,000	0%
Muldoon St, Taree 2430	2,165	130,000	232,000	245,000	260,000	260,000	240,000	280,000	360,000	376,000	4%
Edward St, Wagga Wagga 2650	974	119,000	320,000	320,000	334,000	367,000	367,000	367,000	403,000	423,000	5%
Oakes Rd, Yoogali 2680	4,177	43,800	182,000	182,000	182,000	200,000	200,000	260,000	325,000	373,000	15%

Table 11 Hobby farms and home sites

Street and suburb	Area (Hectares)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		122,236	386,333	414,802	469,352	485,196	506,161	639,500	932,089	926,768
Variation from previous year			7%	7%	13%	3%	4%	26%	46%	-1%
Benchmark index (1996=100)		100	316	339	384	397	414	523	763	758
Bellewood Rd, Armidale 2350	10.2	107,000	369,000	369,000	369,000	369,000	369,000	387,000	483,000	555,000	15%
Gungurru Rd, Armidale 2350	2.1	77,523	274,000	280,000	280,000	280,000	280,000	320,000	425,000	425,000	0%
Oxleys Hill Rd, Berrima 2577	41.0	872,000	2,080,000	2,220,000	2,220,000	2,220,000	2,220,000	3,210,000	5,230,000	5,020,000	-4%
Wollombi Rd, Bishops Bridge 2326	10.2	114,000	412,000	432,000	442,000	464,000	505,000	700,000	1,180,000	1,180,000	0%
Black Range Rd, Black Range 2550	2.2	38,000	152,000	160,000	176,000	200,000	200,000	318,000	493,000	450,000	-9%
Mcrae Cl, Boambee 2450	0.6	68,900	320,000	350,000	380,000	380,000	391,000	403,000	640,000	640,000	0%
Douglas Cl, Carwoola 2620	9.2	89,300	377,000	433,000	463,000	520,000	585,000	628,000	910,000	955,000	5%
Four Mile Lane, Clarenza 2460	10.0	67,500	161,000	177,000	194,000	194,000	190,000	230,000	300,000	300,000	0%
Kjollers Rd, Clergate 2800	16.2	75,000	280,035	294,000	319,000	345,000	375,000	559,000	619,000	700,000	13%
Arthur Rd, Corndale 2480	14.2	104,000	360,000	375,000	412,000	430,000	430,000	539,000	661,000	602,000	-9%
Amy Lane, Deniliquin 2710	2.0	40,500	86,500	89,000	106,000	106,000	100,000	115,000	210,000	225,000	7%
Beni Dr, Dubbo 2830	10.1	58,200	224,000	246,000	259,000	271,000	325,000	373,000	559,000	559,000	0%
Wallaby Gully Rd, Ellalong 2325	31.5	147,000	383,000	445,000	518,000	540,000	567,000	635,000	1,410,000	1,170,000	-17%
Whian Rd, Eureka 2480	26.5	340,000	800,000	900,000	1,000,000	1,100,000	1,200,000	1,900,000	2,600,000	2,000,000	-23%
Fernleigh Rd, Fernleigh 2479	14.6	258,000	605,000	635,000	730,000	767,000	1,000,000	1,340,000	2,010,000	1,970,000	-2%
Castlereagh Hwy, Galambine 2850	10.2	40,000	220,000	220,000	308,000	320,000	350,000	420,000	525,000	550,000	5%
Gormans Hill Rd, Gormans Hill 2795	2.0	102,000	285,000	285,000	399,000	416,000	424,000	457,000	549,000	550,000	0%
Burgmanns Lane, Hillvue 2340	13.9	85,000	315,000	347,000	399,000	399,000	438,000	438,000	593,000	614,000	4%
Bundanoon Lane, Inverell 2360	3.0	40,300	101,000	106,000	112,000	112,000	112,000	120,000	180,000	180,000	0%
Kings Plains Rd, Inverell 2360	42.0	76,694	263,000	263,000	276,000	276,000	276,000	331,000	414,000	455,000	10%
Pearson Rd, Inverell 2360	1.3	38,500	96,300	101,000	107,000	107,000	107,000	115,000	172,000	172,000	0%
Urana Rd, Jindera 2642	40.6	105,000	442,000	484,000	510,000	510,000	525,000	707,000	850,000	1,620,000	91%
Marble Hill Rd, Kingsdale 2580	16.1	86,614	230,000	265,000	371,000	408,000	428,000	492,000	639,000	702,000	10%
Kyeamba Ave, Lake Albert 2650	2.1	92,400	274,000	328,000	375,000	375,000	375,000	375,000	412,000	473,000	15%
Lansdowne Rd, Leeton 2705	0.4	20,500	67,500	67,500	63,700	126,000	129,000	180,000	225,000	225,000	0%
Little Forest Rd, Little Forest 2538	18.6	208,000	532,000	650,000	950,000	950,000	950,000	1,330,000	2,250,000	2,130,000	-5%
Humpty Back Rd, Mcleans Ridges 2480	2.0	108,000	365,000	400,000	460,000	460,000	474,000	635,000	812,000	793,000	-2%
Sunny Corner Rd, Meadow Flat 2795	11.5	65,000	236,000	277,000	305,000	359,000	375,000	475,000	599,000	649,000	8%
Dwyers Ridge Rd, Moruya 2537	1.1	62,200	205,000	215,000	247,000	255,000	255,000	321,000	544,000	544,000	0%
Camaroo Lane, Moss Vale 2577	54.5	575,893	2,220,000	2,220,000	2,330,000	2,330,000	2,460,000	2,950,000	3,410,000	3,410,000	0%
Isabel Dr, Murrumbateman 2582	43.0	170,500	536,000	557,000	804,000	900,000	900,000	900,000	1,350,000	1,350,000	0%
Babbler Cres, Muscle Creek 2333	1.7	58,000	159,000	159,000	159,000	159,000	159,000	168,000	290,000	320,000	10%
Top Knot Pl, Muscle Creek 2333	1.1	40,900	142,000	142,000	142,000	142,000	142,000	150,000	260,000	287,000	10%
Myocum Rd, Myocum 2481	2.7	105,000	469,000	557,000	670,000	650,000	650,000	1,040,000	1,600,000	1,300,000	-19%
Orara Way, Nana Glen 2450	53.6	137,000	430,000	475,000	480,000	480,000	494,000	603,000	900,000	900,000	0%
Nevilles Rd, Nooroo 2415	42.1	83,500	250,000	275,000	325,000	325,000	325,000	380,000	680,000	610,000	-10%
Oura Rd, North Wagga Wagga 2650	6.7	49,000	199,000	239,000	275,000	275,000	275,000	341,000	392,000	411,000	5%
Beresford Rd, Numeralla 2630	14.2	52,500	117,000	117,000	130,000	143,000	150,000	195,000	292,000	306,000	5%
Oakhampton Rd, Oakhampton 2320	29.8	120,000	547,000	612,000	631,000	631,000	645,000	908,000	1,470,000	1,500,000	2%
Ammerdown Cres, Orange 2800	2.0	82,733	287,000	295,000	325,000	385,000	405,000	505,000	949,000	949,000	0%
Mccormick Pl, Orange 2800	0.5	82,733	251,100	258,000	284,000	336,000	410,000	511,000	840,000	840,000	0%
Lagoon Rd, Orton Park 2795	3.0	94,600	262,000	262,000	367,000	382,000	389,000	420,000	505,000	506,000	0%
Wine Country Dr, Rothbury 2320	40.4	300,000	800,000	880,000	950,000	1,000,000	1,030,000	1,180,000	2,130,000	2,030,000	-5%
Parrots Nest Rd, South Gundurimba 2480	2.4	58,300	211,000	220,000	240,000	270,000	270,000	305,000	457,000	433,000	-5%
Mitchell Rd, Table Top 2640	2.1	63,100	221,998	242,000	264,000	290,000	295,000	330,000	445,000	447,000	0%
Raven Cl, Table Top 2640	4.2	65,500	223,614	234,000	245,000	247,000	251,000	281,000	533,000	535,000	0%
Sugarbag Rd, Tabulam 2469	45.1	30,000	75,600	79,400	83,000	83,000	83,000	120,000	198,000	198,000	0%
Illaroo Rd, Tapitallee 2540	2.0	175,000	516,000	542,000	678,000	542,000	542,000	745,000	970,000	970,000	0%
Lagari Rd, The Bight 2429	4.0	79,800	197,000	213,000	225,000	232,000	267,000	330,000	480,000	440,000	-8%
Princes Hwy, Verona 2550	7.3	55,600	165,000	173,000	208,000	250,000	250,000	300,000	440,000	420,000	-5%
Slingsbys Rd, Walang 2795	40.5	133,000	311,000	311,000	373,000	390,000	409,000	476,000	656,000	656,000	0%
Phillip Lane, Warral 2340	17.2	80,800	260,000	295,000	325,000	325,000	357,000	357,000	483,000	500,000	4%
Wildes Meadow Rd, Wildes Meadow 2577	10.2	129,708	845,000	913,000	1,000,000	1,000,000	1,060,000	1,360,000	2,090,000	2,090,000	0%
Hush Rd, Windellama 2580	10.1	46,900	130,000	150,000	210,000	220,000	231,000	236,000	401,000	401,000	0%
Woodhill Mountain Rd, Woodhill 2535	16.5	275,000	969,000	1,070,000	1,420,000	1,520,000	1,520,000	2,100,000	2,500,000	2,700,000	8%
Clarence Town Rd, Woodville 2321	10.3	113,000	325,000	325,000	390,000	405,000	421,000	568,000	982,000	982,000	0%

Table 12 Rural production

Street and suburb	Area (Hectares)	1996 ($)	2016 ($)	2017 ($)	2018 ($)	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	% change 22-23
Benchmark average		214,526	623,280	709,529	839,730	925,368	1,007,241	1,222,386	1,732,603	1,820,168
Variation from previous year			12%	14%	18%	10%	9%	21%	42%	5%
Benchmark index (1996=100)		100	291	331	391	431	470	570	808	848
Belvedere Rd, Anabranch North 2648	16,362.0	185,000	449,400	584,000	703,000	981,000	981,000	1,449,000	2,083,000	2,083,000	0%
Old Broken Hill Rd, Anabranch South 2648	12,504.0	212,000	474,400	616,000	737,000	900,000	1,072,000	1,380,000	2,018,000	2,018,000	0%
Armatree Rd, Armatree 2828	542.1	176,000	812,000	974,000	1,170,000	1,220,000	1,370,000	1,460,000	1,670,000	1,830,000	10%
Balranald 2715	10,503.0	251,000	636,200	827,000	1,170,000	1,800,000	1,800,000	2,700,000	3,420,000	3,420,000	0%
Clarence Way, Bean Creek 2469	275.1	272,000	803,000	867,000	1,080,000	1,080,000	1,090,000	1,260,000	1,580,000	1,580,000	0%
Balls Rd, Bellbrook 2440	251.8	182,000	275,000	275,000	297,000	297,000	297,000	375,000	510,000	510,000	0%
Harley Hill Rd, Berry 2535	48.7	445,000	1,570,000	1,650,000	1,815,000	2,050,000	2,050,000	2,850,000	3,700,000	3,700,000	0%
Shephards Rd, Bielsdown Hills 2453	63.2	318,000	715,000	790,000	907,000	907,000	1,000,000	1,300,000	1,850,000	2,000,000	8%
Bayliss Lane, Bithramere 2340	181.9	212,000	661,000	760,000	874,000	874,000	1,220,000	1,320,000	2,270,000	2,270,000	0%
Cowans Rd, Blighty 2713	210.1	222,000	232,600	255,000	331,000	396,000	396,000	797,000	1,210,000	1,380,000	14%
Old Armidale Rd, Boorolong 2350	322.3	293,000	855,000	1,068,800	1,336,000	1,670,000	2,615,000	2,190,000	3,140,000	3,140,000	0%
Bowman Farm Rd, Bowman Farm 2422	48.7	224,000	489,000	550,000	635,000	635,000	635,000	793,000	1,070,000	1,020,000	-5%
Brewarrina 2839	3,156.0	111,504	599,000	658,000	658,000	658,000	789,000	947,000	1,211,000	1,330,000	10%
Thornbury Rd, Brocklesby 2642	209.4	165,000	736,800	736,000	909,000	957,000	1,070,000	1,710,000	2,390,000	3,110,000	30%
Princes Hwy, Brogo 2550	55.7	138,000	329,000	345,000	362,000	452,000	512,000	625,000	918,000	870,000	-5%
Burren Junction 2386	676.2	148,000	899,000	1,080,000	1,303,000	1,300,000	1,300,000	1,560,000	2,020,000	3,430,000	70%
Tweed Valley Way, Chinderah 2487	16.9	330,000	584,000	584,000	580,000	580,000	580,000	710,000	1,100,000	1,100,000	0%
Coaldale Rd, Coaldale 2460	237.9	135,000	276,000	290,000	306,000	323,000	322,000	373,000	480,000	470,000	-2%
Nelson St, Coffs Harbour 2450	1.8	106,000	359,000	389,000	419,000	419,000	419,000	440,000	615,000	615,000	0%
Syphon Rd, Coomealla 2717	4.3	32,000	55,000	56,400	80,000	74,000	90,000	113,000	125,000	125,000	0%
Quinlan Dr, Cootamundra 2590	91.7	253,000	775,000	820,000	950,000	950,000	950,000	1,040,000	1,660,000	791,000	-52%
Cumbalum Rd, Cumbalum 2478	34.4	186,000	540,000	600,000	690,000	715,000	750,000	981,000	981,000	981,000	0%
Dalswinton Rd, Dalswinton 2328	45.3	126,000	441,000	441,000	462,000	462,000	462,000	508,000	960,000	1,050,000	9%
Glenesk Rd, Delungra 2403	284.0	180,000	523,000	523,000	617,000	708,000	849,000	778,000	1,160,000	1,560,000	34%
Gwydir Hwy, Delungra 2403	324.6	178,000	560,000	560,000	616,000	708,000	849,000	934,000	1,400,000	1,880,000	34%
Golden Valley Rd, Duckmaloi 2787	570.5	833,000	2,510,000	2,510,000	2,890,000	3,130,000	3,130,000	3,590,000	4,840,000	5,080,000	5%
Dyrring Rd, Dyrring 2330	52.2	126,000	330,000	350,000	365,000	385,000	395,000	570,000	912,000	920,000	1%
Meaneys Lane, East Wardell 2477	49.2	183,000	526,000	568,000	604,000	629,000	629,000	900,000	900,000	950,000	6%
Foleys Creek Rd, Essington 2787	228.7	437,000	880,000	1,360,000	1,360,000	1,760,000	1,580,000	1,810,000	2,440,000	2,560,000	5%
Newell Hwy, Eumungerie 2831	233.6	66,000	226,000	249,000	324,000	324,000	324,000	324,000	372,000	427,000	15%
Eurongilly Rd, Eurongilly 2663	338.5	430,000	1,330,000	1,600,000	1,880,000	2,440,000	2,680,000	2,790,000	4,740,000	4,970,000	5%
Dowling Trk, Fords Bridge 2840	17,596.0	67,800	495,000	594,000	654,000	719,000	790,000	944,000	1,529,000	0	-100%
Dowling Trk, Fords Bridge 2840	12,950.0	57,242	417,000	501,000	640,000	682,000	750,000	896,000	1,421,000	1,563,000	10%
Grabben Gullen Rd, Grabben Gullen 2583	340.2	479,564	1,320,000	1,580,000	2,050,000	2,250,000	2,250,000	2,810,000	3,510,000	3,510,000	0%
Green Hills Rd, Green Hills 2365	229.4	293,000	1,030,000	1,180,000	1,510,000	1,510,000	1,620,000	2,100,000	3,360,000	3,360,000	0%
Glendonbrook Rd, Gresford 2311	73.5	155,000	392,000	412,000	433,000	475,000	525,000	770,000	1,240,000	1,240,000	0%
Crawford Rd, Hanwood 2680	166.5	191,000	455,000	660,000	726,000	1,050,000	1,200,000	1,500,000	1,950,000	1,950,000	0%
Research Station Rd, Hanwood 2680	10.4	112,000	165,000	190,000	243,000	270,000	270,000	348,000	487,000	487,000	0%
Hill End Rd, Hargraves 2850	661.9	148,000	340,000	348,000	365,000	517,000	563,000	728,000	1,000,000	1,030,000	3%
Mcmasters Rd, Hillston 2675	524.4	89,400	388,000	532,000	664,000	664,000	796,000	915,000	1,370,000	1,560,000	14%
Sir Ivan Doherty Dr, Leadville 2844	669.5	109,000	605,000	696,000	1,040,000	1,040,000	1,040,000	1,190,000	1,300,000	1,430,000	10%
Little River Rd, Little River 2720	97.4	34,737	39,700	42,000	48,800	48,800	39,000	50,000	80,000	80,000	0%
Coonabarabran Rd, Mendooran 2842	538.7	119,000	376,000	432,000	497,000	497,000	497,000	596,000	715,000	858,000	20%
Carbeen Lane, Merah North 2388	462.6	1,070,000	1,020,000	1,170,000	1,290,000	1,380,000	1,510,000	1,810,000	2,540,000	2,920,000	15%
Wandobah Rd, Milroy 2380	394.4	386,000	1,620,000	1,780,000	1,960,000	2,070,000	2,270,000	3,510,000	4,040,000	4,440,000	10%
Nowendoc Rd, Mount George 2424	40.0	96,900	210,000	210,000	230,000	245,000	245,000	350,000	490,000	465,000	-5%
Farrendale Rd, Narromine 2821	545.1	259,000	721,000	937,000	1,220,000	1,220,000	1,150,000	1,430,000	1,930,000	2,120,000	10%
Burthong Rd, Nymagee 2831	8,922.0	72,000	387,400	503,600	659,000	745,000	819,000	1,228,000	2,091,000	2,091,000	0%
Lone Pine Ave, Orange 2800	17.6	150,000	449,985	475,000	503,000	549,000	574,000	649,000	960,000	1,010,000	5%
Back Trundle Rd, Parkes 2870	299.9	203,000	513,000	539,000	1,080,000	989,000	1,380,000	1,440,000	1,440,000	1,440,000	0%
Hancock Flinns Rd, Piney Range 2810	290.4	73,500	426,360	430,000	495,000	495,000	594,000	712,000	747,000	1,480,000	98%
Mirannie Rd, Reedy Creek 2330	9.3	66,000	301,000	320,000	334,000	354,000	371,000	423,000	930,000	750,000	-19%
Upper Rocky River Rd, Rocky River 2372	623.7	194,572	568,000	654,000	721,000	721,000	721,000	865,000	1,080,000	1,160,000	7%
Wargeila Rd, Rye Park 2586	199.1	117,000	394,000	512,000	614,000	798,000	798,000	1,030,000	1,130,000	1,240,000	10%
Bunnan Rd, Scone 2337	287.7	178,000	650,000	715,000	730,000	760,000	780,000	925,000	1,400,000	1,540,000	10%
Simpkins Lane, Tabbita 2652	373.1	81,600	355,000	486,000	607,000	607,000	728,000	837,000	1,250,000	1,420,000	14%
Maules Creek Rd, Tarriaro 2390	125.5	83,700	323,000	388,000	427,000	427,000	448,000	456,000	896,000	931,000	4%
Billandry Rd, Tottenham 2873	777.0	91,200	301,000	391,000	439,000	592,000	621,000	745,000	912,000	1,000,000	10%
Mason Rd, Tucki Tucki 2480	48.6	219,000	440,000	464,000	508,000	530,000	530,000	605,000	945,000	945,000	0%
Newell Hwy, Tulloona 2400	601.9	302,000	2,310,000	2,540,000	2,790,000	2,930,000	3,730,000	4,280,000	5,560,000	6,060,000	9%
Mcclellands Lane, Tumbarumba 2653	104.5	146,000	331,000	365,000	406,000	446,000	446,000	669,000	1,050,000	1,050,000	0%
Wollun Rd, Walcha Road 2354	356.6	322,000	1,120,000	1,180,000	1,330,000	1,460,000	1,720,000	1,890,000	3,050,000	3,500,000	15%
Thunderbolts Way, Walcha 2354	203.1	406,000	870,000	1,023,000	1,106,000	1,190,000	1,400,000	1,530,000	2,640,000	3,030,000	15%
Gingie Rd, Walgett 2832	1,751.5	63,000	291,000	392,000	392,000	392,000	392,000	431,000	701,000	701,000	0%
Wallaringa Rd, Wallarobba 2420	68.6	149,000	378,000	397,000	417,000	457,000	505,000	740,000	1,190,000	1,190,000	0%
William St, Wentworth 2648	0.4	28,000	59,700	59,700	65,600	65,600	65,600	65,600	65,600	65,600	0%
Wilcannia 2836	18,280.0	85,600	748,800	973,000	1,270,000	1,660,000	1,815,000	2,720,000	4,665,000	4,665,000	0%
Myalla Rd, Woodstock 2793	164.7	140,000	414,000	490,000	697,000	801,000	881,000	1,000,000	1,500,000	1,500,000	0%
Coolalie Rd, Yass 2582	303.0	808,000	1,330,000	1,460,000	2,350,000	2,460,000	2,460,000	2,580,000	4,640,000	4,640,000	0%

Land values (1996 to present)

Download land values

Download land values and market trends from 1996 to present in a single comma-separated values (CSV) format file.

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Valuer General's real estate market reports 1977-1996

Market reports

From 1977 until 1996 the Valuer General produced an annual report on the NSW real estate market. The reports included site values, improved values and rental values for a range of property types.

In 1996 it was decided to limit the report to land values to reflect the Valuer General's statutory responsibilities.

The reports are published as PDFs and will open in new windows.

1977 1978 1979

1980 1981 1982 1983 1984 1985 1986 1987 1988 1989

1990 1991 1992 1993 1994 1995 1996