
DUNGOG’S property market has moved in step with the broader momentum across regional NSW, with steady demand and consistent buyer interest shaping the local landscape since the start of the COVID pandemic.
According to new data from Cotality, dwelling values across regional NSW have climbed 61 percent since December 2019, outpacing both the national market (50.4 percent) and Greater Sydney (38.9 percent).
Cotality executive research director Tim Lawless said the surge in regional NSW was driven by structural shifts rather than short-term cycles.
“Hybrid work, affordability constraints in Sydney, and lifestyle shifts have reshaped where people want to live,” he said.
“Many inland markets have benefited from this, particularly those with rural appeal and strong community identity.”
Over the longer period, Lawless said regional NSW dwelling values had risen 140.9 percent since 2005, with nearly half that growth occurring in the past six years.
“Sydney’s premium over regional NSW has narrowed sharply, from 86 percent to 59 percent since 2019,” he said.
In Dungog, those trends have translated into steady buyer enquiry – led by tree-changers, young families seeking affordability, and long-term locals trading within the shire.
While the area hasn’t seen the rapid spikes recorded in coastal hubs, its consistent demand mirrors similar inland rural towns that offer space, community and relative affordability.
Lawless said market conditions across the wider Hunter/MidCoast region had now eased into more sustainable levels, with annual growth between 4.7 and 6.4 per cent.
Local agents say this positions Dungog to enter 2026 in stable market territory.
By Matt TAYLOR

