Tannum Sands Market Update 1 st H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q1 2025, Tannum Sands* recorded a median house price of $597,000, and a median unit price of $452,000. This is annual (Q1 2024 – Q1 2025) growth of 24.0% for houses and 8.9% for units, confirming an opportune time for owners to capitalize on their investments. Comparing Q1 2024 and Q1 2025, total sales declined by -36.5% for houses (to 66 sales in Q1 2025) and significantly to only 6-unit sales in Q1 2025. This highlights a clear undersupply for both property types, creating a buffer against higher interest rates; resulting in continued price growth. With no new houses in the pipeline, the likelihood of further price growth is high.
CHANGE FROM LAST
YEAR
HALF YEAR
Tannum Sands£ will see approximately $5.0B of new projects commencing construction in 2025. Infrastructure $138.1M
Residential $23.5M
Industrial $8.6M
HOUSE SALE S HOUSE ME DIAN PRICE
Commercial $4.8B
HOUSE RE NTAL PRICE
UNIT SALE S
A key commercial project scheduled in 2025 is H2-Hub Gladstone ($4.7B), which will develop an industrial-scale complex for the production & export of green hydrogen & green ammonia, to be established at Yarwun.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Another key commercial project is the Flinders Village lifestyle and retirement aged care, adding 104 bed facility. This will attract a new demographic and create local jobs in the area.
$ MARKET CONDITIONS MEDIAN PRICE Q1 2025
$597K
$452K
MEDIAN PRICE Q1 2025
$550
SALES
AVERAGE DAYS ON MARKET Q1 2025
40
31
HOUSE
U N I T
RENTALS
$410
Key residential projects include:
AVERAGE DAYS ON MARKET Q1 2025
21
23
HOUSE
U N I T
•
Riverstone Rise Precinct 2 Boyne Island Subdivision (485 Lots)
•
3 Marloo Drive ($960K, 3 Units)
There are only 2 residential projects planned for 2025, adding ready-tosell units. Land lots are planned but require time for construction. There are no ready-to-sell townhouses or houses planned; thus, an undersupply will remain. Property prices are likely to rise, for all stock types.
6 Units/ Apartments
485 Lots