Tannum Sands Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Tannum Sands* recorded a median house price of $677,500 and a median unit price of $450,000. This is an annual (Q3 2024 – Q3 2025) price surge of 26.6% for houses and 45.2% for units, confirming an ideal time for owners to capitalize on their investments. Comparing Q3 2024 and Q3 2025, sales declined by -48.3% for houses (to 45 sales in Q3 2025) and significantly to only 11-unit sales in Q3 2025. This highlights a clear undersupply for both property types, creating a buffer against higher interest rates; resulting in continued price growth. Without any new houses in the pipeline, the likelihood of further price growth is high.
CHANGE FROM LAST
YEAR
Tannum Sands£ will see approximately $178.3M of new projects commencing construction in 2025.
Residential $31.7M
HALF YEAR
Commercial
HOUSE SALE S
Infrastructure $56.9M
HOUSE ME DIAN PRICE
Industrial
HOUSE RE NTAL PRICE
$8.6M A key commercial project is Flinders Village Lifestyle and Retirement Aged Care Project ($80.0M), adding 104 bed facility. This will create new jobs for the local economy and attract a new demographic into Tannum Sands.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
A key $30.0M infrastructure project, Gladstone Training Centre and Transmission Hub, will deliver two warehouses, a training centre, a workshop, and supporting offices in a major mixed-use development.
$ MARKET CONDITIONS MEDIAN PRICE Q3 2025
$678K
MEDIAN PRICE Q3 2025
$580
SALES
$450K
Key residential projects include:
AVERAGE DAYS ON MARKET Q3 2025
41
56
HOUSE
U N I T
RENTALS
$465
$81.2M
AVERAGE DAYS ON MARKET Q3 2025
20
29
HOUSE
U N I T
•
Forest Springs Estate (750 Lots)
•
3 Marloo Drive (3 Units)
•
6 Bamba Street (3 Units)
Only three residential projects are planned for 2025, adding a limited number of units. While several land lots are planned; they will require time for construction. Without any readyto-sell townhouses or houses in the pipeline, the current undersupply will persist, driving property prices higher.
6 Units/ Apartments
750 Lots