Nundah Property Market Update 1st Half 2026
Nundah offers a perfect blend of convenience and charm, with excellent public transport links and vibrant local cafes. Its serene parks and top-quality schools make it an ideal choice for families and outdoor enthusiasts.
Property Trends
In Q1 2026, Nundah recorded a median house price of $1,780,000 and a median unit price of $845,000. This represents an annual (Q1 2025 – Q1 2026) median price growth of 36.9% for houses and 20.7% for units, suggesting an ideal time for owners to capitalize on their investments. Comparing Q1 2025 and Q1 2026, total sales also increased, by 25.0% for houses (to 15 sales in Q1 2026) and 11.6% for units (to 106 sales in Q1 2026). The house and units' market are highly demanded in Nundah, which has created a buffer against several cash rate hikes in 2026. Without any new ready-to-sell supply planned for construction from 2026 onwards, buyers must act fast.
Project Development
Nundah is set to see approximately $192.5M of new projects commencing construction from 2026 onwards. All of the planned ready-to-sell stock are townhouses and apartments only, with no new houses in the pipeline. This will not be enough to satisfy demand, when compared to 2025 sales of 88 houses and 390 units sold. This will continue to place upward pressure on prices, in the short to medium term.
Rental Market & Growth
House rental yield in Nundah was 2.1% in March 2026, lower than Virginia (3.0%) and Brisbane Metro (2.9%). That said, median house rental price increased by 9.2% in the past 12 months to Q1 2026, at $775 per week; along with a -10.4% drop in the number of houses rented (to 86 rentals in Q1 2026). Overall, despite a lower house rental yield than other areas, there is an undersupplied house rental market in Nundah. This is beneficial for investors, even if houses in Nundah are a premium.
Vacancy Rates & Property Investment
Nundah recorded a vacancy rate of 0.3% in March 2026, below Virginia’s 0.7% and Brisbane Metro’s 0.8%. Vacancy rates in the past 12 months have decreased, indicating a tighter rental market. Further, a 0.3% vacancy rate is significantly below the 3.0% benchmark. Thus, homes are rented quicker (occupancy) in Nundah. This confirms a conducive and sustainable investment environment, even if the median house and unit prices (thus entry price) have increased in the past 12 months to Q1 2026.
