Whitsundays Property Market Update 2nd Half 2026
Whitsundays is located off the Queensland East Coast in the Coral Sea. In the 2021 ABS Census, it had a population of 2,281 people. Snorkel or scuba dive among the friendly marine life at the Heart of the Great Barrier Reef or sail around the 74 majestic islands.
Property Trends
In Q2 2026, Whitsundays recorded a median house price of $910,000 and a median unit price of $560,000. This represents an annual (Q2 2025 – Q2 2026) median price growth of 13.8% for houses and 16.7% for units. Thus, now remains an ideal time for owners to capitalise on their investments. When comparing Q2 2025 and Q2 2026, sales declined by -29.2% for houses (to 34 sales in Q2 2026) and -47.7% for units (to 57 sales in Q2 2026). There is an undersupply for both property types, which created a buffer against higher interest rates in 2026 and resulted in property price growth. Furthermore, without any new ready-to-sell houses planned for construction in 2026 and 2027, the current undersupply will persist. Thus, buyers need to act fast.
Project Development
Whitsundays will see approximately $595.0M of new projects commencing construction in 2026 and 2027. A key mixed-use project is St Bees Boulevard Retirement Village & Residential Subdivision, a 46.01-hectare land to be reconfigured into 199 residential lots. Another key project is the Edenvale Cannon Valley Master Planned Community, to build a masterplan on a 102.2-hectare site, creating 500+ residential lots and 900 homes.
Rental Market & Growth
House rental yield in Whitsundays was 4.4% as of June 2026, which is above the Queensland North Coast (4.0%). Median house rental price did decline slightly, by -2.4% in the past 12 months to Q2 2026, at $800 per week. That said the number of houses rented also declined, by -14.0% (to 43 houses). This indicates a more affordable house rental market in Whitsundays, which benefits renters. A decline in the number of houses rented signals the need for more houses, calling out for more investors.
Vacancy Rates & Property Investment
Whitsundays recorded a vacancy rate of 0.8% in June 2026, which is below the Whitsunday LGA (1.0%) and QLD North Coast (2.3%). Vacancy rates in the past 12 months have decreased, indicating a tighter rental market. Moreover, a 0.8% vacancy rate is significantly below the 3.0% benchmark, indicating quicker occupancy of rental homes in Whitsundays. This confirms that there is a conducive environment for investors, even with a higher median house and unit sales price (thus, entry price) in the past 12 months to Q2 2026.
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