General News
29 November, 2025
New land valuations for regional NSW
Gilgandra’s residential land value increased by four per cent.
Land values across regional NSW have reached a record $342 billion, marking a 0.7 per cent increase from $340 billion in 2024.
Property sales are the most important factor valuers consider when determining land values. The new land values were assessed based on an analysis of more than 21,000 property sales.
Sally Dale, valuer general of NSW said: “Regional NSW has experienced a slight increase in land values but overall has not kept pace with whole-of-state movements which saw NSW experience an overall average 3.6 per cent increase across all land categories to reach a record $3.09 trillion.”
Industrial land values
Regional industrial land values experienced the highest growth across all regional property categories, with a moderate eight per cent average increase broadly. This increase is being led by some very significant movements that have been observed across regional centres such as Bathurst (plus 56.1 per cent) as well as more nuanced markets such as Gwydir which topped the Regional NSW movements increasing its industrial land values by 127.8 per cent.
Gilgandra’s industrial land value increased by 1.2 per cent
“We’re seeing the affordability of smaller towns with good industrial areas really leading the charge in 2025. With the relatively low entry point of land values being attractive, the support of ongoing infrastructure investment, and demand driven by emerging employment markets in renewable energy, mineral exploration and mining, and regional tourism, we’re not seeing that growth slow down in the immediate future.
Residential land values
Gilgandra’s residential land value increased by four per cent. Residential land values across regional NSW saw a three per cent increase on average.
“We’re seeing really strong increases in western NSW residential markets for the second year running with the suspected trend of people moving west continuing. With a median house price in Hay and Brewarrina as examples being just shy of $250,000 and $125,000 respectively at July 1, 2025, it’s no surprise that land values have moved up to 40 per cent as people chase greater affordability – including hobby farms,” Ms Dale said.
Commercial land values
Commercial land values across regional NSW also experienced a moderate increase of 5.7 per cent. Cabonne recorded the strongest increase regionally at 24.2 per cent driven by a low value base and affordability as well as being strategically located as a centralised service hub for agriculture communities.
The valuer general reported no change to commercial land values in the Gilgandra local government area.
“Commercial markets followed a similar trajectory to the industrial market, with both generally linked by large-scale investment and employment related factors such as renewable energy zones, mining exploration or growth opportunities, and investment in regional centres more broadly,” Ms Dale said.
Rural land values
Gilgandra’s rural land value increased by 3.3 per cent
Rural land values across the region experienced a slight decrease of 0.8 per cent. Liverpool Plains recorded the highest percentage change with a 17.9 per cent increase driven by continuing strong demand for good quality, fertile farming land – black soils - in well-regarded tightly held areas with limited supply.
The new land values will be used by Revenue NSW to calculate land tax for landowners who are liable. Registered land tax clients will receive their assessment notice from Revenue NSW starting January 2026 for the 2026 land tax year.
The latest land values for all properties in New South Wales, along with trends, medians and typical land values for each local government area, are available on the NSW Valuer General’s website.
