Tallebudgera Property Market Update 1st Half 2025
Tallebudgera, in Queensland, offers a perfect blend of coastal and hinterland living, with stunning beaches and lush greenery. Its peaceful environment and family-friendly community make it an ideal place to call home.
Property Trends
In Q4 2024, Tallebudgera recorded a median house price of $1,800,000, representing an annual (Q4 2023 – Q4 2024) median price growth of 9.0% for house. Comparing Q4 2023 and Q4 2024, house sales declined by -4.0%, to 24 sales in Q4 2024. This shows an undersupplied and highly competitive house market, thus an ideal time for owners to capitalise on their investments. On a quarterly basis (Q3 – Q4 2024), median house price declined slightly, by -2.7%, creating a window of opportunity for buyers. However, with no stand-alone houses planned for construction in 2025, buyers need to act fast before further price growth occurs.
Project Development
Tallebudgera will see approximately $363.7M of new projects commencing in 2025. There are no new residential projects specifically located in the Tallebudgera suburb, however there are a few in nearby areas. Further, these will only deliver units/apartments and townhouses, and not enough to answer current demand. The lack of ready-to-sell new stock suggest the undersupply of houses will persist. This will drive prices up even further, across all property types; thus, buyers must act fast.
Rental Market & Growth
House rental yields in Tallebudgera were 4.3% as of December 2024, higher than Gold Coast Main (3.4%) and Brisbane Metro (3.2%). That said, median house rental price has declined in the past 12 months to Q4 2024, by -8.8% to $1,300 per week. The number of houses rented increased significantly to 14 rentals in Q4 2024, which suggests that even with a lower median house rent there is still a highly-demanded house rental market; and thus, room for more investors.
Vacancy Rates & Property Investment
Tallebudgera recorded a vacancy rate of 2.2% in December 2024, above the Gold Coast Main (1.1%). Vacancy rates in Tallebudgera have always fluctuated, due to the small size of the rental market. That said, on overall, it has declined in the past 12 months, indicating an even tighter market. Further, 2.2% is below the Real Estate Institute of Australia’s healthy benchmark of 3.0%, suggesting quicker occupancy of rental homes. This provides a sustainable environment for investors seeking stable rental returns, even with a higher median house price in Q4 2024.
