In Toogoom as of the 30th of June 2025 there have been approx. 80 sales in the last twelve months with 26 of those sales occurring in the last six months. Price ranges from $295k for a 700 sqm vacant lot thru to $1,867,200 for a beachfront 4/2/2 home on 5280 sqm lot.
What does this mean for Toogoom residential property…
Given the strong inquiry levels, quick sales rates and easing interest rates along with recent data indicates strong demand with limited supply.
Complimented with the fact that there is only one Toogoom on Earth – 7km of pristine Qld north facing beach surrounded by a plethora of natural beauty. Ohh and the Fraser Coast’s unprecedented economic / population growth including the recent State Government FHO incentive, Torbanlea’s $7.2b Qld Gov’t infrastructure QR rail investment, HB Hospital Expansion, Direct Flights to Brisbane, Melbourne, and Sydney, and lack of registered land (you can build today).
= “IT’S LIKELY YOUR HOME VALUES ARE IN DEMAND AS QUALITY IS SOUGHT AFTER”
HERVEY BAY PROPERTY SNAPSHOT (*Core Logic & REA as of April 2025)
Median Value ~ $716,704
Time On Market ~ 29 days compared to 39 days 1 year ago
Annual Growth ~ 11.6%
Rental Growth ~ 5.2% (annual)
Vacancy Rate ~ 2%
5Year Values Change ~ 89%
For Toogoom Property Sales: Get In Contact with Us Today
The Hervey Bay property market in 2025 is shaping up to be one of the most dynamic and discussed real estate landscapes in regional Queensland. Situated along the picturesque Fraser Coast, Hervey Bay continues to attract a mix of retirees, young families, investors, and sea-changers. In this article, we’ll explore the key trends influencing the market, the types of properties in demand, suburb highlights, and what buyers, sellers, and investors need to know to navigate the year ahead.
Regional Growth and Infrastructure Developments
Hervey Bay has seen consistent population growth over the last decade, and this trend continues into 2025. Infrastructure investments by local and state governments are contributing to rising demand. Projects such as the expansion of Hervey Bay Airport, improvements to the Esplanade precinct, and upgrades to public transport and road networks have made the region more accessible and attractive to new residents.
The increased connectivity between Hervey Bay and Brisbane, along with the relative affordability compared to southeast Queensland’s capital, has made the region particularly popular with remote workers and those seeking a coastal lifestyle without the big-city price tag.
Property Prices and Market Trends
In 2025, Hervey Bay’s median house price has risen modestly compared to the rapid increases of the early 2020s. While growth has stabilised, the market remains strong due to sustained demand and low housing stock levels.
Detached houses continue to be the most sought-after property type, with buyers favouring homes close to the beach, schools, and town centres. Median house prices vary between suburbs, but across Hervey Bay the average sits between $550,000 and $650,000, depending on size, location, and features.
Units and townhouses have also seen a rise in demand, particularly among downsizers and investors. With more people seeking low-maintenance lifestyles, well-located apartment complexes and retirement villages are performing well.
Who Is Buying in 2025?
Hervey Bay continues to attract a broad demographic. Retirees remain a dominant force in the market, particularly from Brisbane, Sydney, and Melbourne. However, younger families have become increasingly visible buyers, driven by affordability, lifestyle, and growing local job opportunities.
Investors are also showing renewed interest in 2025. Rental yields in the region remain favourable, and vacancy rates are low. With Queensland experiencing population growth and continued interstate migration, rental demand in Hervey Bay is expected to remain strong throughout the year.
Key Drivers of Market Activity
Several factors are influencing buyer and seller behaviour in 2025:
- Interest Rates: While interest rates have stabilised after recent fluctuations, many buyers remain cautious. However, the relative affordability of Hervey Bay makes it more resilient compared to capital cities.
- Lifestyle Migration: As more Australians prioritise lifestyle, work-life balance, and coastal living, Hervey Bay’s appeal remains strong. The shift toward remote work continues to fuel demand.
- New Housing Supply: A limited number of new housing developments are keeping supply tight, particularly for detached homes. Land releases are happening, but planning and approval processes are slowing delivery.
- Rental Market Pressure: Investors are motivated by strong rental returns and high demand from tenants, especially in central and coastal locations.
Challenges Facing the Market
Despite strong fundamentals, the Hervey Bay property market in 2025 is not without its challenges. Affordability is becoming a concern for local buyers, particularly first-home buyers who find themselves competing with interstate migrants and cashed-up retirees.
There is also pressure on local infrastructure and services due to population growth. Schools, medical facilities, and roads are experiencing strain, leading to calls for greater investment and planning.
Climate change and environmental concerns are also increasingly part of the conversation. Being a coastal town, Hervey Bay faces risks from rising sea levels and severe weather events, which may influence insurance premiums and building regulations over time.
Outlook for Buyers and Sellers
For buyers, Hervey Bay remains an attractive option in 2025. The key is to act decisively, as good properties often receive multiple offers. Researching suburbs, getting finance pre-approved, and working with a knowledgeable local agent can make a significant difference.
For sellers, the market continues to offer good opportunities. Well-presented properties that are priced correctly are selling relatively quickly. Highlighting lifestyle features, proximity to nature, and potential for dual living can help boost buyer interest.
Investors should focus on properties with strong rental appeal—close to transport, shops, and schools. The tight rental market is expected to continue, making Hervey Bay a sound choice for long-term capital growth and income generation.
Talk To the Property Together Team
In 2025, the Hervey Bay property market remains vibrant and full of opportunity. With its blend of lifestyle, affordability, and natural beauty, the region continues to draw interest from a wide demographic. While there are challenges to navigate—particularly around housing supply and affordability—the fundamentals remain strong.
Whether you’re looking to buy a family home, invest for the future, or relocate for a better quality of life, Hervey Bay stands out as one of Queensland’s most promising regional markets in 2025.