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PRD Caboolture Market Update 1st Half 2025

Page 1

Caboolture Market Update 1 st H a l f 2 0 2 5

FUTURE DEVELOPMENTS

OVERVIEW

In Q1 2025, Caboolture* recorded a median house price of $755,000 and a median unit price of $435,000. This represents an annual (Q1 2024 – Q1 2025) price growth of 11.0% for houses and 26.1% for units. Comparing Q1 2024 and Q1 2025, total sales declined by -31.7% for houses (to 95 sales in Q1 2025) and -23.1% for units (to 30 sales in Q1 2205). This highlights a clear undersupply for both property types, creating a buffer against higher interest rates. Unit prices saw higher price growth compared to houses due to its more affordable price (in comparison to houses) and less house stock available, turning house buyers into purchasing units.

CHANGE FROM LAST

YEAR

Caboolture* will see approximately $115.5M of new projects commencing construction in 2025. Commercial $8.0M Residential $27.2M

HALF YEAR

HOUSE SALE S

Mixed-Use $11.6M

HOUSE ME DIAN PRICE

Industrial $22.2M

Infrastructure $46.5M

HOUSE RE NTAL PRICE A main infrastructure project in 2025 is the Caboolture Bribie Island Road ($24.5M) project. This will duplicate the existing carriageway to enhance traffic flow and support residents.

UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE

There are several residential projects planned for 2025, which include: •

$

14 Cassowary Court Townhouses (36 Townhouses)

Riverbank Estate Subdivision Stages 2A-D (99 Lots)

MARKET CONDITIONS

20 Margaret Street Units (6 Units)

MEDIAN PRICE Q1 2025

$755K

$435K

MEDIAN PRICE Q1 2025

$600

SALES

AVERAGE DAYS ON MARKET Q1 2025

41

35

HOUSE

U N I T

RENTALS

$460

At this stage, all planned projects for 2025 will deliver units/apartments, townhouses and lots (which will take time to develop into houses). There is no new ready-to-sell stand-alone dwellings in the pipeline, suggesting that the current undersupply remain. This will push up prices even higher, not just for houses but all stock types.

AVERAGE DAYS ON MARKET Q1 2025

19

19

HOUSE

U N I T

11 Units/ Apartments

47 Townhouses 225 Lots


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PRD Caboolture Market Update 1st Half 2025 by PRD Real Estate - Issuu