Nundah Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Nundah* recorded a median house price of $1,234,000 and a median unit price of $725,000. This is an annual (Q3 2024 – Q3 2025) price growth of 7.3% for houses and 21.2% for units, suggesting an ideal time for owners to capitalize on their investments. Comparing Q3 2024 and Q3 2025, sales decreased by -22.6% for houses (to 24 sales in Q3 2025) and -37.0% for units (to 87 sales in Q3 2025). This confirms a clear undersupply for both property types, which created a buffer against higher interest rates; as evidenced by high price growth. With limited new ready-to-sell supply planned in 2025, buyers need to act fast.
CHANGE FROM LAST
YEAR
Nundah* is set to see approximately $180.8M of new projects commence construction from 2025 to 2026. Residential $20.0M
HALF YEAR
Commercial Mixed-Use
HOUSE SALE S
$69.5M
$68.1M
HOUSE ME DIAN PRICE
Infrastructure
HOUSE RE NTAL PRICE
$18.9M
A key mixed-use project in 2025 is Danby Lane Nundah Mixed Use Development, which will construct a 12-storey mixed-use building with retail, offices, 84 apartments, pool, gym & 4-level basement parking.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Other key projects include:
$ MARKET CONDITIONS MEDIAN PRICE Q3 2025
$1.2M
$725K
MEDIAN PRICE Q3 2025
$745
SALES
AVERAGE DAYS ON MARKET Q3 2025
56
16
HOUSE
U N I T
RENTALS
$625
AVERAGE DAYS ON MARKET Q3 2025
17
15
HOUSE
U N I T
•
The Village Retirement Group Nundah (Commercial, $55.0M)
•
Powerlink Queensland - Oil Laboratory (Infrastructure, $17.5M)
•
5-11 Ullswater Street Retail Warehouse (Industrial, $3.5M)
All new stock planned are solely units and townhouse, including •
Summerlin Residential Stage 3A (30 Apartments)
•
12-14 Bridge Street (6 Townhouses)
With no stand-alone houses in the pipeline, limited supply will fall short of demand. As a result, property prices are likely to rise even further in 2025 and beyond, for all property types.
127 Units/ Apartments
6 Townhouses