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PRD Whitsundays Market Update 1st Half 2026

Page 1

Whitsundays Market Update 1 st H a l f 2 0 2 6

OVERVIEW

In Q4 2025, Whitsundays* recorded a median house price of $900,000 and a median unit price of $560,000. This is an annual (Q4 2024 – Q4 2025) price growth of 14.8% for houses and 22.3% for units. Now is an ideal time for owners to capitalize. Comparing Q4 2024 and Q4 2025, sales declined by -31.6% for houses (to 54 in Q4 2025) and -2.2% for units (to 91 in Q4 2025). There is currently an undersupply of both houses and units, and with the previous lower interest rates have stimulated price growth. Further, without any new ready-to-sell houses planned in 2026, this will further exacerbate the current Whitsundays* housing shortage. As a result, home buyers need to act fast before prices goes up further.

CHANGE FROM LAST

YEAR

FUTURE DEVELOPMENTS

Whitsundays£ will see approximately $626.0M of new projects commencing construction in 2026 and 2027. Commercial $77.0M

HALF YEAR

HOUSE SALE S Mixed-Use

HOUSE ME DIAN PRICE

$492.4M

HOUSE RE NTAL PRICE

UNIT SALE S

A key mixed-use project in 2026 is St Bees Boulevard Retirement Village & Residential Subdivision, a 46-hectare land reconfigured into 199 residential lots delivered over 10 staged releases. The project has a retirement village, with 226 independent living units.

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$ MARKET CONDITIONS MEDIAN PRICE Q4 2025

$900K

$560K

MEDIAN PRICE Q4 2025

$850

SALES

AVERAGE DAYS ON MARKET Q4 2025

28

49

HOUSE

U N I T

RENTALS

$620

AVERAGE DAYS ON MARKET Q4 2025

22

32

HOUSE

U N I T

Another project is Edenvale Cannon Valley Master Planned Community, by Alder Developments. This will build a masterplan on a 102.2-hectare site, creating 500+ residential lots and over 900 homes, ranging from 1- and 2bedroom units to detached 2 storey homes on large blocks. This project is currently in early stages, including a consultation time with the community. There is only a limited number of new ready-to-sell stock planned (50 units), which is not enough; especially when compared to Q4 2025 sales of 91 units. There are 781 land lots planned, but this will take time to develop. Thus, the current undersupply will continue, indicating higher property prices in 2026 is highly likely.).

50 Units/ Apartments

781 Lots


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