Scone, NSW

FAIR VALUE

6,732 sales · 36 years of data · NSW, Australia

$581,000
Median (All)
$600,000
Median (Houses)
$370,000
Median (Apartments)
5.7%
10yr CAGR
5.2%
36yr CAGR
4.6%
Strata %
36 years of data · 6,732 sales analysed · 2,500+ suburbs · Updated weekly

Scone, NSW Property Market Overview

Scone, NSW, postcode 2337, is a vibrant town located in the Upper Hunter region of New South Wales. While not in Sydney, it's an important regional centre offering a unique property market. Our data spans 36 years, encompassing 6,732 recorded sales.

As of early 2026, the median property price in Scone sits at $581,000. Houses command a median of $600,000, while apartments are at $370,000. Scone offers a diverse range of property types to suit different budgets and lifestyles, from established family homes to low-maintenance apartment living.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $870,402
Based on the 10-year compound annual growth rate of 5.7%
Predominantly houses5% apartments
95% of sales are houses and other non-strata properties
Loading chart...

Property Mix

95%
Houses 95%$600,000Apartments 5%$370,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Scone

Street Rankings

Top streets in Scone, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Scott StHouse8$600,000
2Gray StHouse8$912,750
3Gundy RdHouse6$822,500
4Redbank DrHouse7$880,000

... and 214 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Moobi RdHouse4$387,865/m²
2Allan Cunningham RdHouse3$795,000/m²
3Nyarra StHouse5$807/m²
4Hill StApartment4$1,694/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Davies StHouse+8.6%
2Parker StHouse+11.9%
3Waverley StHouse+8.2%
4Seaward AveHouse+7.7%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

20
apartment buildings analysed
#AddressSalesMedian$/m²
150 Hill St3$360,000$1,772/m²

... and 16 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

51
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

5%
apartments across 20 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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218 streets and 20 buildings to explore

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3 street rankings
All 218 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
20 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 6,732 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Scone at a Glance

Region
Upper Hunter
CBD Distance
Approximately 270km north of Sydney CBD
Train Station
Nearest station is Muswellbrook Station (Hunter Line)
Council
Upper Hunter Shire Council
Property Character
Established residential with rural surrounds
Community
Families and professionals in the equine industry

Scone, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Scone, NSW

Scone offers a relaxed country lifestyle with a strong community feel. The town is known as the 'Horse Capital of Australia', reflecting its connection to the equine industry. Scone Grammar School and Scone High School are popular schooling options for families.

Residents enjoy access to local parks such as Scone Park and nearby Lake Glenbawn State Park, perfect for outdoor recreation. The main street offers a range of shops, cafes, and essential services. While Scone doesn't have a train station within the suburb itself, it is serviced by regional bus routes, and the proximity to the New England Highway provides good road access. The overall vibe of Scone is one of a friendly, welcoming town with a strong sense of local pride.


Who Buys in Scone?

Scone's property market attracts a mix of buyers. The relatively affordable median house price of $600,000 may appeal to families seeking larger homes and a quieter lifestyle. The low strata percentage suggests that most buyers are looking for houses rather than apartments. The consistent CAGR figures indicate that Scone is also considered by those seeking long-term capital growth, although the low apartment median price might attract some investors.

Market Analysis

Currently, Scone's property market is assessed to be near its long-term trend, indicating fair value. This means that, generally speaking, property prices in Scone are aligned with historical performance, as of early 2026.

A market near its long-term trend suggests a period of relative stability. It doesn't necessarily indicate rapid growth or decline, but rather a continuation of established patterns. This can be reassuring for both buyers and sellers seeking a predictable environment in Scone.


Is Scone a Good Investment?

Scone's historical growth, evidenced by its 5.2% full-period CAGR, highlights its potential for long-term value appreciation. The suburb's current cycle position near its long-term trend suggests a balanced market, as of early 2026.

While historical performance isn't indicative of future results, the consistent growth rates observed in Scone, coupled with its stable market cycle position, may be of interest to those considering property ownership. The strong emphasis on houses in Scone's property mix further contributes to its appeal for certain types of buyers.


Scone Market Outlook

As of early 2026, Scone's property market is currently positioned near its long-term trend, indicating fair value. Recent price trends suggest a period of relative stability, reflecting the suburb's consistent performance. This balanced market environment may provide a degree of predictability for both buyers and sellers in Scone.

Streets & Location in Scone, NSW

Scone, postcode 2337, boasts a variety of appealing streets. Among the streets with higher median prices are Gray Street, Scott Street, and Waverley Street, reflecting the desirable locations within the suburb. With 218 streets in total, Scone offers a diverse range of residential options. Its location in the Upper Hunter region provides a blend of rural charm and convenient access to amenities.

Market Dynamics

The average settlement time for properties in Scone is 51 days, reflecting a relatively efficient transaction process. Data indicates N/A for quick-flip percentage, suggesting this is not a dominant activity in the Scone market. This longer settlement timeframe may be indicative of a market where buyers take more time to conduct due diligence and secure financing in Scone.

Development & Density

Scone has a lower apartment density, with only 20 apartment buildings recorded. This indicates that houses are the prevailing property type in the area. This lower development density contributes to the suburb's character and appeal for those seeking a more traditional residential environment in Scone. The limited strata percentage further reinforces this observation.

Growth & Property Mix

Scone has demonstrated consistent growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) is 5.7%, while the 20-year CAGR is 4.7%. Over the full data period of 36 years, the CAGR is 5.2%. The property mix in Scone is predominantly houses, with apartments comprising only 4.6% of the market, based on strata titles.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Scone, NSW

What is the median property price in Scone?
The median property price in Scone is currently $581,000, as of early 2026. Houses have a higher median price of $600,000, while apartments are at $370,000.
Is Scone overvalued or undervalued?
Scone's property market is currently near its long-term trend, indicating fair value. This suggests that prices are generally aligned with historical performance, as of early 2026.
How has the Scone property market performed over 10 years?
Over the past 10 years, the Scone property market has shown a Compound Annual Growth Rate (CAGR) of 5.7%. This demonstrates consistent growth over the medium term.
What percentage of Scone is apartments vs houses?
Apartments make up a smaller portion of the Scone property market, with only 4.6% of properties being strata titled. This indicates that houses are the dominant property type in the suburb.
Where is Scone in the property cycle?
As of early 2026, Scone's property market is near its long-term trend. This suggests a period of relative stability and alignment with historical performance.
What schools are near Scone?
Scone offers several schooling options, including Scone Grammar School and Scone High School. These schools cater to students from primary through to secondary levels.
What is Scone like to live in?
Scone offers a relaxed country lifestyle with a strong sense of community. It's known as the 'Horse Capital of Australia' and provides access to parks, shops, and essential services.
Is Scone good for families?
Scone can be a good option for families, with its schools, parks, and relatively affordable house prices. The quieter lifestyle and strong community may also appeal to families.
How far is Scone from Sydney CBD?
Scone is located approximately 270km north of the Sydney CBD. It's accessible by road via the New England Highway and by regional bus services.
What transport options are in Scone?
While Scone doesn't have a train station within the suburb itself, Muswellbrook Station on the Hunter Line is nearby. The area is serviced by regional bus routes, and the New England Highway provides good road access.
How does Scone compare to nearby suburbs?
Scone offers a more affordable property market compared to some larger regional centres. Its growth rates are consistent with other areas in the Upper Hunter region, as of early 2026.
Is Scone a good first home buyer suburb?
Scone may be an option for first home buyers, particularly those seeking houses. The median house price is relatively affordable, and the suburb offers a relaxed lifestyle.
What are the best streets in Scone?
Some of the streets with higher median prices in Scone include Gray Street, Scott Street, and Waverley Street. These streets reflect desirable locations within the suburb.
How many properties have been sold in Scone?
Over the past 36 years, there have been 6,732 recorded sales of properties in Scone.
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