Nundah Property Market Report 2025: Prices Surge 18.5% YoY, Strong Rental Demand in Brisbane North

Nundah's median house price hits $1.32 million, up 18.5% year-on-year, with a tight rental market and solid population growth driving investor interest.

The Nundah property market is currently experiencing a period of robust growth, reflecting broader trends across Brisbane's northern suburbs. As of early 2025, the suburb has seen significant price appreciation, driven by strong buyer demand, limited supply, and a growing population. The market remains competitive, with properties typically selling within 18 to 25 days, indicating a seller's market. This momentum is supported by Brisbane's overall economic resilience and infrastructure investments, positioning Nundah as a standout location for both homeowners and investors.

Nundah's median house price has reached $1,320,000, marking an impressive 18.5% increase year-on-year. Over the past five years, prices have surged by 85%, reflecting sustained capital growth. This trend is underpinned by the suburb's desirable location, proximity to the Brisbane CBD, and lifestyle amenities. The price growth is consistent with the broader Brisbane market, but Nundah's performance has outpaced many neighbouring suburbs. The median price point places it firmly in the upper quartile of Brisbane North, appealing to families and professionals seeking quality housing.

The rental market in Nundah is equally dynamic, with a median rent of $650 per week. The rental yield stands at 2.6%, which is moderate but reflects the high property values. More notably, the vacancy rate is extremely low at just 1%, indicating a severe shortage of rental properties. This tight market is driving strong rental demand, and landlords are benefiting from consistent occupancy and upward rent pressure. The low vacancy rate is a key indicator of the suburb's desirability and the strength of its rental market.

Demographically, Nundah has a population of 10,737 as of the 2021 census, with a 10-year growth rate of 14.9%. This steady population increase is fuelling demand for housing. The median household income is $1,980 per week, which is above the national average, supporting the ability of residents to afford higher property prices. Owner-occupiers make up 42% of households, while investors account for a significant portion of the market. The suburb attracts a mix of young professionals, families, and downsizers, contributing to a diverse and stable community.

From an investment perspective, Nundah offers a compelling outlook. The combination of strong capital growth, low vacancy rates, and rising rents suggests continued demand. The suburb benefits from excellent transport links, including the Nundah train station and major road networks, as well as proximity to the Brisbane Airport and the CBD. Planned infrastructure projects in the broader Brisbane area are likely to further enhance Nundah's appeal. While the rental yield is not exceptionally high, the potential for capital appreciation remains strong, making it a solid long-term investment.

In summary, Nundah's property market is characterised by high demand, limited supply, and strong price growth. The suburb's demographic profile and economic fundamentals support ongoing market strength. Investors should note the low vacancy rate and rising rents as positive indicators, while homeowners can take confidence in the sustained capital gains. As Brisbane continues to grow, Nundah is well-positioned to maintain its status as a sought-after suburb in the northern corridor.

📋 Suburb Snapshot — Nundah

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