Bathurst property trends are often overlooked by Australian investors. This country town’s property scene is overshadowed by its place as a motorsports mecca and pioneering settlement, but those merely add to its appeal.
Property trends in Bathurst show good value for homes in a region spoilt by excellent infrastructure, diverse industries and a nationally-known known name.
Bathurst is just one of several growing towns in the Central Tablelands. This means that it’s just one of several cities that look attractive to new homeowners.
Yet this burgeoning town of 40,000 continues to expand and move beyond expectations. So how can investors get the most from the Bathurst market?
Bathurst profile
Bathurst is a town known by all. To most, it’s known for its iconic racing circuit, Mount Panorama – home of the Bathurst 1000 race. For others, Bathurst is famous for being the first city in Australia to find gold in 1851. These claims are enough to sell the city on its own merits.
However, modern Bathurst is much more than those highlights. It’s a thriving town that’s pivotal to linking many parts of New South Wales. It’s why the town has grown to a population of nearly 45,000 with predictions expecting it to hit 50,000 by 2045. Why’s this?
For starters, the town has some of the best transport links anywhere in regional NSW. It sits at the end of the Great Western Highway giving it direct links to Sydney. On top of that, the Mitchell Highway and Mid-Western Highway also run through the town linking to the far reaches of the state. There are also road links to Canberra and a direct rail link to Sydney too.
There’s also a wide range of industries catered for in the area. This includes major hubs for farming, manufacturing and tourism giving the town a vibrant economy that eclipses many nearby towns. All this leads to Bathurst property trends performing strongly year after year.
General Facts
LGA: Bathurst Regional Council
Population: 45,367 (2024)
Dwellings: 18,463
Average Household Size: 2.45
Recent property trends in the Bathurst region
Bathurst
The city of Bathurst is one of the main hubs in the Central Tablelands. This country feel is complemented by its travel links – you can reach Canberra or Sydney in under three hours- giving you the best of both urban and rural life. The excellent road network with 3 major highways running through the town also has helped contribute to a relatively strong property market.
The average price for a house in Bathurst is currently $655,000 (August 2025), a relatively high figure for an inland city, while units come in at a more affordable $450,000. There property prices are trending upwards – five years earlier the average house was worth $395,000 and a unit was $303,500.
Population: 45,367
Average house price: $655,000 (realestate.com.au, August 2025)
Average unit price: $450,000 (realestate.com.au, August 2025)
Average rental price (house): $490 p/w (realestate.com.au, August 2025)
Average rental price (unit): $400 p/w (realestate.com.au, August 2025)
Kelso
No town has benefitted more from Bathurst’s growth than Kelso. Directly east of Bathurst, Kelso straddles the Great Western Highway on the other side of the Macquarie River. It has evolved into a thriving settlement in its own right and is the biggest settlement between Bathurst and Lithgow when travelling by car.
Given its excellent location, Kelso’s property market is understandably strong. So much so that it eclipses its larger twin. The average property price in Kelso is $750,000 – nearly $100,000 more than Bathurst. The growth in Kelso has outpaced much of New South Wales over the past five years, a hard feat given the strong performances across the state.
Population: 10,039
Average house price: $750,000 (realestate.com.au, August 2025)
Average unit price: $370,000 (realestate.com.au, August 2025)
Average rental price (house): $560 p/w (realestate.com.au, August 2025)
Average rental price (unit): $465 p/w (realestate.com.au, August 2025)
Raglan
For a small town, Raglan has a lot of potential. Just east of Bathurst, the small community of just over 1000 has direct road and train links with Sydney. As well as this, the small Bathurst Airport is found in Raglan, giving it interest from amateur flight enthusiasts. Despite all this, the town has maintained itself as a small community ever since its founding back in the 1850s.
Thanks to its excellent transport links, homes in Raglan maintain a high value. This is underlined by the average property price being $758,000, rising around $100k in a year. When small towns like Raglan thrive, it’s a great sign for the health of the wider region.
Population: 1,100
Average house price: $758,000 (realestate.com.au, August 2025)
Average rental price (house): $585 p/w (realestate.com.au, August 2025)
Eglinton
Eglinton is a town on the edge of Bathurst’s sphere of influence. Directly north of the main city, Eglinton has established itself as a quiet town that echoes the rural farms surrounding it. Set back from the main highways, it’s a more subdued town than many of its neighbours south of the Macquarie River.
It’s perhaps this reason why it has a high property price average north of $715,000. Despite this high value, Eglinton has seen some of the biggest price rises in the region. This comes with property prices jumping 5% between October 2023 and October 2024. These figures have helped Bathurst property trends trump rival towns in direct comparisons.
Population: 2,256
Average house price: $721,000 (realestate.com.au, August 2025)
Average rental price (house): $560 p/w (realestate.com.au, August 2025)
Conclusion
As you can see, Bathurst property trends have shown significant growth in recent years and smaller towns have performed particularly well. This is highlighted by the sharp increases in Kelso and Eglinton. In the city itself, units in Bathurst have proven to be particularly popular with huge growth in their value. The Bathurst region looks to continue growing as the years progress. Thanks to its mix of established connections, the town will act as the hub for the Central Tablelands region.
To seek out the best options for purchasing a home, speak to a Wisebuy home lender for guidance. Our property experts can give you all the advice you need to work out the best way to get on the property ladder today.
