Whitsundays Market Update 2 nd H a l f 2 0 2 5
OVERVIEW
In Q2 2025, Whitsundays* recorded a median house price of $799,000 and a median unit price of $465,000. This is an annual (Q2 2024 – Q2 2025) growth of 5.1% for houses and 13.4% for units. Comparing Q2 2024 and Q2 2025, total sales declined by -20.4% for houses (to 39 in Q2 2025) and -37.3% for units (to 74 in Q2 2025). This confirms an undersupply for both property types, which has created a buffer against higher interest rate, thus, continued price growth. Now is an ideal time for owners to capitalize on their investments. Further, with all new projects focused solely on townhouses and lots, and no new ready-to-sell houses in the pipeline, buyers need to act quickly before property prices rise further.
CHANGE FROM LAST
YEAR
FUTURE DEVELOPMENTS Whitsundays£ will see approximately $418.8M of new projects commencing construction in 2025. Commercial $51.8M
HALF YEAR
HOUSE SALE S
Mixed-Use
HOUSE ME DIAN PRICE
$352.0M
HOUSE RE NTAL PRICE A key mixed-use project is St Bees Boulevard Retirement Village & Residential Subdivision, a 46.01hectare land to be reconfigured into 199 residential lots across 10 stages. The project includes a retirement village, with 226 independent living units. Stage 1 is slated for 2025.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
$ MARKET CONDITIONS MEDIAN PRICE Q2 2025
$799K
$465K
MEDIAN PRICE Q2 2025
$780
SALES
AVERAGE DAYS ON MARKET Q2 2025
64
63
HOUSE
U N I T
RENTALS
$550
AVERAGE DAYS ON MARKET Q2 2025
19
21
HOUSE
U N I T
Another key project is the Edenvale Cannon Valley Master Planned Community, by Alder Developments. The project will build a masterplan on a 102.2-hectare site, creating 500+ residential lots and over 900 homes, ranging from 1- and 2-bedroom units to detached 2 storey homes on large blocks. This project is currently in early stages, including a consultation time with the wider community. There is only a limited number of residential projects are planned in the Whitsundays in 2025, mainly creating new land releases that will take time to develop. This limited supply of new dwellings in the short term is expected to push up property prices further, for all stock types (not just houses).
8 Townhouses
805 Lots