Gympie Market Update 2 nd H a l f 2 0 2 6
OVERVIEW
In Q2 2026, Gympie* recorded a median house price of $792,500 and a median unit price of $540,000. This is an annual (Q2 2025 – Q2 2026) price growth of 6.0% for houses, while units remained stable. During the same time, total sales decreased by -41.7% for houses (to 200 sales in Q2 2026) and -27.6% for units (to 21 sales in Q2 2026). An undersupply in houses and units is evident, which has supported price growth despite cash rate hikes in 2026. Thus, now is still an ideal time for owners to capitalise on their investments. Without any new houses planned for 2026 buyers must act fast, before higher demand and competition result in higher home prices.
CHANGE FROM LAST
YEAR
FUTURE DEVELOPMENTS* * Gympie will see approximately $20.6B of new developments due to commence construction in 2026. Commercial $2.0B
HALF YEAR
HOUSE SALE S
Infrastructure
HOUSE ME DIAN PRICE
$18.5B
HOUSE RE NTAL PRICE A key infrastructure project planned for 2026 is the Borumba Pumped Hydro Energy Storage (PHES) Project (18.4Bn), which will deliver a 2,000 MW pumped-hydro power station at Borumba Dam on Lake Borumba, with the capacity to supply electricity to an estimated 1.5 million homes.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Key residential and mixed-use project include:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2026
$793K
$540K
MEDIAN PRICE Q2 2026
$600
SALES
AVERAGE DAYS ON MARKET Q2 2026
45
80
HOUSE
U N I T
RENTALS
$460
AVERAGE DAYS ON MARKET Q2 2026
17
18
HOUSE
U N I T
•
1-3 Leonard Street Units (12 Units)
•
42 Zerner Road Residential Subdivision Stages 1 & 2 (40 Lots)
While several projects are planned for 2026, they will deliver only 38 readyto-sell units, without any new standalone houses or townhouses planned for construction. When compared with the 1,448 houses and 180 units sold in 2025, current and future supply is insufficient. Further, with vacant land lots requiring time to be developed (into houses), prices for all property types are expected to continue rising in the medium term.
38 Units/ Apartments
68 Lots