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Tannum Sands Market Update 1st Half 2026

In Q1 2026,TannumSands* (which in this report encapsulate Tannum Sands, Boyne Island and Turkey Beach) recorded a median house price of $701,000and a median unit price of $560,000.This is anannual (Q1 2025– Q1 2026)price growth of 17.4%for houses and 34.9%for units. Comparing Q1 2025and Q1 2026, house sales decreased, by -28.4% (to 63 sales in Q1 2026), but unit sales increased by 66.7% (to 15sales 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 anideal time for owners to capitalize ontheir investments.

HOUSE SALES

FROM LAST HOUSE MEDIAN PRICE HOUSE RENTAL PRICE

SALES

TannumSands£ is set to see approximately$1.2Bofnewprojects commenceconstructionfrom2026

HALF YEAR

PRICE

RENTAL PRICE

MEDIAN PRICE Q1 2026

$701K $560K

MEDIAN PRICE Q1 2026

AVERAGE DAYS ON MARKET Q1 2026

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 TannumSands £

The only residential project planned to commence construction in 2026 is the 45 FrenchStreet Units, which is set to deliver 20units to TannumSands.

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 toQ1 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.

AVERAGE VENDOR DISCOUNT*

Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property.

Average vendor discount forhouses between Q1 2025and Q1 2026 remains at a premium, but at a lower rate of 3.3%. Average vendor discount forunit is also still at a premium, but increased toa slightly higher premium of 1.0%. Market conditions in TannumSands* still favoursellers, with buyers needing to offer above the initial listing prices. Without any new ready-to-sell houses planned, buyers must act fast.

The suburb of Tannum Sands has historically outperformed the wider Gladstone Local Government Area (LGA) for houses. This continued in 2026#, however the gap tightened, with Gladstone LGA house prices increasing significantly and TannumSands (suburb) softening. Unit median price in Tannum Sands have historically tracked onpar with the wider LGA, which has continued in 2026 #

The dominant proportion of homes sold in TannumSands* in 2025/26# were in the mid-price bracket of $700,000and $799,999for houses (33.3%)and the most affordable price bracket less than $399,999for units (33.3%). This good news for first home buyers, especially with higher prices in Q1 2026. The premium price points is strong, with 19.0% houses sold above $900,000and 20.0%units sold above $700,000. The market comparison graph provides a comparative trend for the median price of houses and units over the past 5 years. The main LGA was chosen based on their proximity tothe main suburb analysed, which is TannumSands.

MARKET COMPARISON

Tannum Sands (4680) House

Gladstone LGA House Tannum Sands (4680) Unit

Gladstone LGA Unit

BREAKDOWN 2025-2026#

UNITS SOLD HOUSES SOLD

than $399,999 $400,000 to $499,999

$500,000 to $599,999

$600,000 to $699,999 $700,000 and above

RENTAL GROWTH 2026€

House rental yield in TannumSands¥ was 4.2%in March 2026,higher than Gladstone LGA (3.6%) and Brisbane Metro (2.9%). Further, median house rental price increased by 1.7% in the past 12months to Q1 2026, at $600per week; along with a -3.0% drop in the number of houses rented (to 64rentals in Q1 2026). There is anundersupplied house rental market in Tannum Sands¥. This is beneficial for investors, especially with a more affordable price than Brisbane.

2-bedroom houses have provided investors with +8.3%rental growth annually, achieving a median rent of $455per week.

TannumSands¥ recorded a vacancy rate of 2.1% in March 2026,below Gladstone LGA 3.0%. Vacancy rates in TannumSands¥ increased in the past 12 months, due to a higher number of investors in the market. However, a 2.1% vacancy rate is still below the Real Estate Institute of Australia’s healthy benchmark of 3.0%. Thus, homes are rented quicker in TannumSands¥ . This confirms a conducive investment environment in Tannum Sands¥, even if the median house and unit prices (thus entry price) have increased in the past 12months to Q1 2026.

RENTAL VACANCY RATES 2026

PROJECT DEVELOPMENT MAP 2026

TANNUM SANDS

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REFERENCES

* Tannum Sands sales market data and key indicators encapsulates aggregate property market conditions within the suburbs of Tannum Sands, Boyne Island and Turkey Beach.

** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.

# 2025 encapsulates sales transactions for Q1 2026 (01/01/2026 – 31/03/2026) only, other years encapsulates sales transactions for the full year (i.e 01/01 to 31/12 of the relevant year).

€ Annual rental growth is a comparison between Q1 2025 (01/01/2025 – 31/03/2025) and Q1 2026 (01/01/2026 – 31/03/2026) median house rent figures.

¥ Tannum Sands rental market data encapsulates aggregate property conditions within the postcode of 4680.

§ Rental yields shown are as reported as of March 2026

₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.

£ Projects refers to the top developments within the postcode of 4680.

µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.

ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.

Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.

Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.