Gympie Property Market Update 2nd Half 2026
Gympie offers a relaxed lifestyle surrounded by natural landscapes, with easy access to beaches, national parks and outdoor recreation. The region also provides a strong sense of community while maintaining convenient connections to the Sunshine Coast and Brisbane, making it an attractive place for families, professionals and retirees.
Property Trends
In Q2 2026, Gympie recorded a median house price of $792,500 and a median unit price of $540,000. This represents an annual (Q2 2025 – Q2 2026) price growth of 6.0% for houses, while units remained stable. Total sales decreased by -41.7% for houses (to 200 sales in Q2 2026) and -27.6% for units (to 21 sales in Q2 2026). An undersupply in houses and units is evident, which has supported price growth despite cash rate hikes in 2026. Thus, now is still an ideal time for owners to capitalise on their investments.
Project Development
Gympie Regional Council local government area (LGA) plans to see approximately $20.6B of new projects commencing construction in 2026. While several projects are planned for 2026, they will deliver only 38 ready-to-sell units, without any new stand-alone houses or townhouses planned for construction. When compared with the 1,448 houses and 180 units sold in 2025, current and future supply is insufficient. Further, with vacant land lots requiring time to be developed (into houses), prices for all property types are expected to continue rising in the short and medium term.
Rental Market & Growth
House rental yield in Gympie was 3.6% as of June 2026, higher than Gympie Regional Council (3.1%) and Brisbane Metro (3.1%). Median house rental price in the past 12 months to Q2 2026 did slightly soften (by -3.2%), at $600 per week. However, the number of houses rented also decreased, by -19.9% (to 119 houses in Q2 2026). There is still a high demand for rental homes, however rental price growth have slowed slightly after a rapid increase in the past 24 month.
Vacancy Rates & Property Investment
Gympie recorded a vacancy rate of 1.2% in June 2026, lower than Gympie Region’s average 2.0% but higher than Brisbane Metro’s 1.1%. Vacancy rates increased over the past 12 months, due to investors re-entering the market. However, a 1.1% vacancy rate is still well below the Real Estate Institute of Australia’s healthy benchmark of 3.0%, which suggests quicker occupancy of rental properties. This confirms there is a conducive and sustainable environment for investors, even if the median house sale price (thus, entry price) has increased in the past 12 months to Q2 2026.
Land Market
2026 saw the lowest number of sales in the past 5 years, which confirms there is a clear undersupply. This has supported price growth for all land types amid cash rate hikes in 2026; as per below details.
- Small vacant land (below 1,000sq m): 12 sales, $340,000 median price, 6.3% growth
- Vacant land (1,001-2,999 sq m): 17 sales, $362,500 median price, 5.1% growth
- Acreage land (3,000-6,000 sq m): 16 sales, $420,000 median price, 3.1% growth
In 2025 and 2026, most sales were in the most affordable price point of under $324,999 for small vacant land (49.3%) and vacant land (37.0%). Acreage land sales were mostly in the middle-price bracket between $375,000 and $424,999 (42.3%). Combined, this creates an opportunity for buyers. The premium market is active; with 4.9% of small vacant land, 23.3% of vacant land and 11.3% of acreage land sold above $475,000. This benefits owners looking to capitalize on their investments. Land sales have occurred across multiple price points in 2026, offering buyers a greater choice in the market.
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