Tannum Sands Property Market Update 1st Half 2025
Tannum Sands offers a peaceful coastal lifestyle with beautiful beaches and ocean views. It’s a friendly, well-connected community with great schools, shops, and healthcare nearby; an ideal place for families to call home.
Property Trends
In Q1 2025, Tannum Sands recorded a median house price of $597,000, and a median unit price of $452,000. This is an annual (Q1 2024 – Q1 2025) price growth of 24.0% for houses and 8.9% for units, confirming an opportune time for owners to capitalize on their investments. Comparing Q1 2024 and Q1 2025, sales declined by -36.5% for houses (to 66 sales in Q1 2025) and significantly to only 6-unit sales in Q1 2025. This highlights a clear undersupply for both property types, creating a buffer against higher interest rates. With no new houses in the pipeline, the likelihood of further price growth is high.
Project Development
Tannum Sands will see approximately $5.0B of new projects commencing construction in 2025. Two key commercial projects scheduled in 2025 are H2-Hub Gladstone ($4.7B), which will develop an industrial-scale complex for the production & export of green hydrogen & green ammonia, to be established at Yarwun; and Flinders Village lifestyle and retirement aged care, adding a 104-bed facility. There are only two residential projects planned, delivering units and land-lots. Thus ready-to-sell houses will remain undersupplied, putting more pressure on property prices.
Rental Market & Growth
House rental yield in Tannum Sands was 4.9% in March 2025, well above Brisbane Metro (3.2%). This was paired with a 11.1% increase in house median rent price in the past 12 months to Q1 2025, at $550 per week, and a 26.2% growth in the number of houses rented (to 356 rentals in Q1 2025). This suggests a highly demanded and competitive house rental market, and with a more affordable entry price than Brisbane, which is beneficial to investors.
Vacancy Rates & Property Investment
Tannum Sands recorded a vacancy rate of 1.6% in March 2025, above Gladstone LGA’s 0.7% and Brisbane Metro’s 0.9% average. Vacancy rates in Tannum Sands increased in the past 12 months, due to investors re-entering the market. That said, a 1.6% vacancy rate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating quicker occupancy of rental homes in Tannum Sands. This suggests a conducive environment for investors, even if the median house and unit price (thus entry price) has increased in the past 12 months to Q1 2025.
