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Home › Property Market Update › Hervey Bay Property Market 2025: Prices, Trends & Outlook
Hervey Bay is firmly on the radar in 2025. Prices have pushed higher, listings are tight, and rental demand remains strong. Local projects from over-50s estates to a new community hub are adding confidence to the Fraser Coast story. In this guide, you’ll learn where prices and rents sit now, what’s driving demand, which pockets are performing, and what the next 6–12 months could look like.
Key Takeaways Hervey Bay’s property market remains one of Queensland’s most resilient with house prices up 9.4% year-on-year and units surging 20% as of Q3 2025 (PRD, H2 2025). Listings are scarce and buyer demand is steady, especially for well-located homes near the Esplanade, hospitals, and schools. Vacancy rates sit at just 0.9%, far below the 3% “balanced” benchmark, meaning strong rental returns and quick leasing for investors. Population growth and infrastructure projects like the Hervey Bay Community Hub (due 2026) and Marina Square hotel/apartment development are boosting local jobs and confidence. The short-term outlook (2025–early 2026) points to modest price growth of 3–5%, supported by tight supply and stable demand. 2026 will likely bring a gentle cooling, not a crash, as more new stock slowly enters the market and buyers become more selective. Sellers who prepare early, pricing smartly and choosing the right agent are still in a strong position to attract competitive offers. Investors can expect steady yields around 4%, ongoing tenant demand, and low vacancy throughout 2026.
Key Takeaways
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Source: PRD
Hervey Bay has run into 2025 with rising prices and fewer listings. PRD’s latest update shows the house median at $760,000 and units at $590,000 in Q3 2025. Annual growth is +9.4% for houses and a strong +20.4% for units. Sales volumes are lower than last year, which signals constrained supply rather than weak demand. Days on market remain contained (high-50s to low-70s), consistent with active buyer competition.
Supply & listings: 2025 construction is weighted to apartments and townhouses, with very few freestanding houses due for completion. Land estates exist, but lots require time to build into stock. This mix supports detached-house values and helps explain why buyers are stretching for well-located homes.
Rental market: Investors are benefiting from low vacancy (0.9% in Sep 2025) versus a commonly cited ~3% “healthy” benchmark. House rents lifted to $650/week over the year to Q3, with yields around 3.8% for houses and 4.3% for units, outpacing Brisbane Metro on the same measures. Tight conditions point to quick leasing and solid rent-set confidence.
Hervey Bay’s appeal is a mix of lifestyle, affordability and steady infrastructure delivery. Sea-change movers and interstate buyers continue to enquire, while local upsizers and downsizers keep the market active. Local agency round-ups through 2025 consistently note low stock + resilient demand, a pattern that has supported price growth despite higher rates.
On the project front, several tangible developments matter for supply and jobs:
Local agents also report a balanced but competitive tone: buyers act quickly on quality listings, while investors target modern low-maintenance stock near services and the Esplanade.
Get an agent who knows how to price, stage and negotiate in Hervey Bay’s market.
Hervey Bay’s growth story hasn’t been even across the board. Houses and units are both rising, but for different reasons and understanding these drivers helps buyers and sellers make better moves.
Detached houses remain the backbone of the market. They’re favoured by families and retirees who value space, garages, and proximity to the beach. In 2025, house prices rose around 9% year-on-year, driven by limited listings in established pockets like Urangan, Wondunna, and Point Vernon. Homes under $800k are selling fastest, with many achieving multiple offers within weeks.
Units, however, have shown stronger percentage growth up around 20% year-on-year, according to PRD’s H2 2025 report. This comes from two forces: downsizers wanting low-maintenance options near the Esplanade, and out-of-area investors chasing yields above 4%. Developments around Pialba and Scarness have led this resurgence.
Investors have turned to Eli Waters, Kawungan, and Torquay, where vacancy rates are among the lowest in the region. Yields average between 4% and 4.5%, and rental demand remains driven by health, education, and tourism workers. Properties close to hospitals, schools, and shopping hubs lease in under a week.
Days on market for investment-type homes are down to around 45–50 days, a strong sign of sustained demand.
Local families and lifestyle changers from Brisbane and interstate continue to fuel demand in Urangan, Point Vernon, and Wondunna, thanks to larger block sizes and easy Esplanade access. These suburbs also attract retirees seeking quieter pockets with room for caravans or boats, an iconic Fraser Coast lifestyle marker.
Expect a steady market with gentle price growth, not big jumps or drops. Because of the following reasons:
What this means:
2026 looks like a soft landing. Think “steady or slightly up”, not falling off a cliff.
Why the pace should cool:
What a “cooler” 2026 means for you:
Key data behind this view:
Pipeline and amenity: Community Hub reached highest construction point in 2025 (opening late-2026); Marina Square a $60m project adding a 144-room hotel and jobs at Urangan Marina.
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A few practical takeaways, whether you’re buying, selling, or investing in Hervey Bay.
Hervey Bay has moved beyond its “hidden gem” label, it’s now a proven coastal market with sustained demand and lifestyle appeal. Prices may not surge as they did in 2024–25, but the fundamentals remain solid: limited housing supply, strong population inflows, and tight rentals. That combination points to a steady, confident 2026, not a downturn.
For homeowners, this is a window to sell strategically while demand remains high and competition low. For investors, it’s a market where long-term holding power and consistent rental returns are key strengths.
If you’re planning to sell or invest in 2025–26, make your move with data on your side and an agent who truly understands the Fraser Coast.
Yes. Prices are up around 9% for houses and 20% for units year-on-year, supported by low stock, population inflows, and lifestyle appeal.
Yes. With yields near 4% and strong tenant demand, it remains one of Queensland’s most consistent coastal markets for investors seeking stable returns.
Units have shown stronger growth in 2025 (+20%) thanks to downsizer and investor interest, but detached houses remain the preferred long-term asset.
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