diff --git a/rakelib/version.rake b/rakelib/version.rake
index 82b80c7ec..a947b3329 100644
--- a/rakelib/version.rake
+++ b/rakelib/version.rake
@@ -1,2 +1,2 @@
 # this file is updated automatically using a rake task, any changes will be lost
-GOCD_VERSION = '24.4.0'
+GOCD_VERSION = '24.5.0'