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PRD Nundah Market Update 1st Half 2026

Page 1

Nundah Market Update 1 st H a l f 2 0 2 6

FUTURE DEVELOPMENTS

OVERVIEW

In Q1 2026, Nundah* recorded a median house price of $1,780,000 and a median unit price of $845,000. This is an annual (Q1 2025 – Q1 2026) price growth of 36.9% for houses and 20.7% for units, suggesting an ideal time for owners to capitalize on their investments. Comparing Q1 2025 and Q1 2026, total sales also increased, by 25.0% for houses (to 15 sales in Q1 2026) and 11.6% for units (to 106 sales in Q1 2026). The house and units' market is a highly demanded in Nundah*, which has created a buffer against several cash rate hikes in 2026. Without any new ready-to-sell supply planned for construction from 2026 onwards, buyers must act fast.

CHANGE FROM LAST

YEAR

Nundah* is set to see approximately $192.5M of new projects commence construction from 2026 onwards. Residential $27.7M Commercial

HALF YEAR

$64.8M

HOUSE SALE S Mixed-Use

HOUSE ME DIAN PRICE

$100.0M

HOUSE RE NTAL PRICE

UNIT SALE S

A key project in 2026 is The Village Retirement Group Retirement Village Nundah Stage 1, which will deliver a retirement village with 76 independent living units, together with resident amenities and communal facilities.

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

Other key projects include:

$ MARKET CONDITIONS MEDIAN PRICE Q1 2026

$1.8M

$845K

MEDIAN PRICE Q1 2026

$775

SALES

AVERAGE DAYS ON MARKET Q1 2026

52

19

HOUSE

U N I T

RENTALS

$650

AVERAGE DAYS ON MARKET Q1 2026

16

15

HOUSE

U N I T

Toombul Shopping Centre Site Mixed Use Redevelopment(Mixed-Use, $100.0M)

43-45 Bradbury Street Residential Care Facility (Commercial, $6.0M)

Key residential projects include: •

63-67 Melton Road (14 Townhouses)

45 Hamson Terrace (23 Units)

All the planned ready-to-sell stock are townhouses and apartments only, with no new houses in the pipeline. This will not be enough to satisfy demand, when compared to 2025 sales of 88 houses and 390 units sold. This will continue to place upward pressure in property prices, in the short to medium term.

31 Units/ Apartments

29 Townhouses


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