Tannum Sands Market Update 1 st H a l f 2 0 2 6
OVERVIEW
In Q1 2026, Tannum Sands* (which in this report encapsulate Tannum Sands, Boyne Island and Turkey Beach) recorded a median house price of $701,000 and a median unit price of $560,000. This is an annual (Q1 2025 – Q1 2026) price growth of 17.4% for houses and 34.9% for units. Comparing Q1 2025 and Q1 2026, house sales decreased, by -28.4% (to 63 sales in Q1 2026), but unit sales increased by 66.7% (to 15 sales in Q1 2026). Houses and units are highly demanded in Tannum Sands*. This has assisted with price growth, even with cash rate hikes in early 202. Thus, now is an ideal time for owners to capitalize on their investments.
CHANGE FROM LAST
YEAR
HALF YEAR
FUTURE DEVELOPMENTS
Tannum Sands£ is set to see approximately $1.2B of new projects commence construction from 2026. Mixed-Use $5.0M Infrastructure $123.0M
HOUSE SALE S HOUSE ME DIAN PRICE
Commercial $1.0B
HOUSE RE NTAL PRICE
UNIT SALE S UNIT ME DIAN PRICE
A key project in 2026 is The Central Queensland Power Project (CQP), which will deliver over 2GW of wind, solar & storage developments and new transmissions. This project will create jobs for residents; stimulating the local economy and reducing the carbon footprint of the area. This will improve liveability in Tannum Sands £.
UNIT RE NTAL PRICE
$ MARKET CONDITIONS MEDIAN PRICE Q1 2026
$701K
$560K
MEDIAN PRICE Q1 2026
$600
SALES
AVERAGE DAYS ON MARKET Q1 2026
38
31
HOUSE
U N I T
RENTALS
$420
AVERAGE DAYS ON MARKET Q1 2026
24
15
HOUSE
U N I T
The only residential project planned to commence construction in 2026 is the 45 French Street Units, which is set to deliver 20 units to Tannum Sands. All the planned ready-to-sell stock is apartments only, without any new houses in the pipeline. This will not be enough to satisfy demand, especially when compared to Q1 2026 sales of 63 houses and 15 units sold. As a result, the current undersupply in house stock will continue; placing upward pressure in property prices – both in the short and long term.
20 Units/ Apartments