Tannum Sands Property Market Update 1st Half 2026
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; Tannum Sands is an ideal place for families to call home.
Property Trends
In Q1 2026, Tannum Sands (which in this report encapsulate Tannum Sands, Boyne Island and Turkey Beach) recorded a median house price of $701,000 and a median unit price of $560,000. This represents an annual (Q1 2025 – Q1 2026) median price growth of 17.4% for houses and 34.9% for units. Comparing Q1 2025 and Q1 2026, house sales decreased, by -28.4% (to 63 sales in Q1 2026), but unit sales increased by 66.7% (to 15 sales in Q1 2026). Combined, this suggests that houses and units are highly demanded in Tannum Sands. This has assisted with price growth, even with cash rate hikes in 2026. Now remain an ideal time for owners to capitalize on their investments.
Project Development
Tannum Sands plans to see approx. $1.2B of new projects commence construction from 2026. That said, all of the planned residential ready-to-sell stock is apartments only, without any new stand-alone houses in the pipeline. This will not be enough to satisfy demand, especially when compared to Q1 2026 sales of 63 houses and 15 units sold. As a result, the current undersupply in available house stock will continue; placing upward pressure on prices – both in the short and long term.
Rental Market & Growth
House rental yield in Tannum Sands 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 12 months to Q1 2026, at $600 per week; along with a -3.0% decline in the number of houses rented (to 64 rentals in Q1 2026). There is an undersupplied house rental market in Tannum Sands. This is beneficial for investors, especially for those who are looking for a more affordable investment entry price than Brisbane.
Vacancy Rates & Property Investment
Tannum Sands recorded a vacancy rate of 2.1% in March 2026, below Gladstone LGA 3.0%. Vacancy rates in the past 12 months have increased, due to a higher number of investors in the market. However, a 2.1% vacancy rate is still below the 3.0% benchmark. This suggests that homes are rented quicker (occupancy) in Tannum Sands. This confirms there is a sustainable and conducive investment environment in Tannum Sands, even if the median house and unit sale prices (thus entry price) have increased in the past 12 months to Q1 2026.