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PRD Tallebudgera Market Update 1st Half 2025

Page 1

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

FUTURE DEVELOPMENTS

OVERVIEW

In Q4 2024, Tallebudgera* recorded a median house price of $1,800,000, representing an annual (Q4 2023 – Q4 2024) median price growth of 9.0% for house. Comparing Q4 2023 and Q4 2024, house sales declined by -4.0%, to 24 sales in Q4 2024. This shows an undersupplied and highly competitive house market, thus an ideal time for owners to capitalize on their investments. On a quarterly basis (Q3 – Q4 2024), median house price declined slightly, by -2.7%, creating a window of opportunity for buyers. However, with no stand-alone houses planned for construction in 2025, buyers need to act fast before further price growth occurs.

CHANGE FROM LAST

YEAR

Tallebudgera will see approximately $363.7M of new projects commencing in 2025. Infrastructure

Industrial

$2.8M

$850.0K

Mixed-Use

$24.7M

HALF YEAR

HOUSE SALE S HOUSE ME DIAN PRICE Residential

HOUSE RE NTAL PRICE

$334.0M

$

In 2025 there are no new residential projects specifically located in the Tallebudgera suburb, however there are a few in nearby areas.

MARKET CONDITIONS MEDIAN PRICE Q4 2024

AVERAGE DAYS ON MARKET Q4 2024

SALES

$1.8M

Other key projects include:

78 HOUSE

MEDIAN PRICE Q4 2024

AVERAGE DAYS ON MARKET Q4 2024

RENTALS

$1,300

A key project near to Tallebudgera is Burly Residences Miami, adding 100 apartments to the Tallebudgera area.

17 HOUSE

$

HOUSE PRICE COMPARISON Suburb

2022

2023

2024#

2022-2024 % growth

Tallebudgera

$1,440,000

$1,500,000

$1,640,000

13.9%

Tallebudgera Valley

$2,175,000

$1,931,000

$2,140,000

-1.6%

Treetops North Precinct Burleigh Waters Units (129 Units)

1929 Gold Coast Highway Apartments (56 Apartments)

42 Ewart Street Villas (4 Villas)

Although there are new residential projects planned, they will only deliver units/apartments and townhouses, which will only partially address the current stock shortage. The lack of ready-to-sell new houses indicates that the undersupply of houses will persist. This will drive prices up even further, across all property types; thus, limiting opportunities for buyers.

393 Units/ Apartments

7 Townhouses


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