Nundah Rental Property Market Insights 2026
Sitting approximately 7 kilometres north of the Brisbane CBD, Nundah has established itself as one of inner-north Brisbane’s most compelling investment suburbs. Covering 3.9 square kilometres and home to 16 parks across 17.5% of its total area, Nundah offers a genuine blend of urban density and green amenity that continues to attract residents and investors alike. The population grew from 12,141 in 2016 to 13,098 in 2021, a 7.9% increase over five years, and that trajectory has only continued.
The headline story for investors in mid-2026 is one of exceptional capital growth. House median values have surged from $1,120,302 in May 2025 to $1,572,130 in May 2026, a 12-month change of 40.3%, one of the strongest annual growth figures recorded in any comparable Brisbane inner-north suburb. Unit values have followed an equally impressive trajectory, rising from $726,414 in May 2025 to $891,528 in May 2026, a 22.7% increase year-on-year.
The suburb carries a total of 1,765 house dwellings and 5,475 unit dwellings, giving investors genuine depth and choice across both asset classes. Transaction volumes are healthy, with 99 houses and 332 units sold in the 12 months to March 2026, reflecting a market with real liquidity.
Perhaps the most striking data point in the market right now is how quickly units are selling. With a median days on market of just 9 days, Nundah units are among the fastest-moving in Brisbane, significantly below the Brisbane-wide median of 14 days. Houses are selling in a median of 19.5 days, also comfortably below the Brisbane average of 20 days.
Nundah Rental Property Market Insights – May 2026*
*Data sourced & prepared 15 June 2026 by Cotality (formerly RP Data). All figures are based on rolling 12-month periods unless otherwise stated. This content is for general informational purposes only and does not constitute financial or investment advice.
Houses: A $1.5M+ Market With Rental Income That Rewards Long-Term Holders
Nundah’s house market has undergone a remarkable transformation over the past 12 months, with median house values accelerating from $1,120,302 in May 2025 to $1,572,130 in May 2026, a 40.3% change in a single year. To put that in long-term context, house values in Nundah have risen from $683,652 in May 2017 to their current level, more than doubling over nine years.
The median asking rent for houses sits at $750 per week as at May 2026, up from $690 per week in June 2025, representing a 7.1% change in rental rate over the 12-month period. That is in line with the Brisbane-wide movement of 6.3% over the same period, reflecting that Nundah landlords are capturing solid rental growth alongside the suburb’s capital story.
The gross rental yield for houses currently sits at 3.0%, a figure that reflects the sharp rise in values over the past year. For a landlord holding a house at the current median value of $1,572,130, the $750 per week median rent equates to approximately $39,000 in gross annual income.
The price bracket data reveals the premium nature of Nundah’s house market. Over the 12 months to March 2026, 50 of the 99 house transactions occurred in the $1 million to $2 million range, making it comfortably the dominant bracket. A further 23 transactions were recorded above $2 million, confirming that upper-quartile buyers are active and confident. The upper quartile price of $1,907,500 reflects a market that extends well into premium territory.
There were 108 individual rental rate observations recorded for houses in Nundah over the past 12 months, providing a strong evidence base for landlords pricing their properties in a rising market. Houses typically spend 19.5 days on market, consistent with a well-functioning market where appropriately priced properties are absorbed quickly.
House owners in Nundah hold for an average of 10.8 years, a tenure period that speaks to confidence in the suburb’s long-term fundamentals. For those who have held through the current growth cycle, the capital position is significant.
The Nundah Unit Market: 4% Yield & Relentless Value Growth
Nundah’s unit market is one of the most active in Brisbane’s inner-north, and the data tells a story of sustained, compounding growth paired with strong rental demand. With 5,475 unit dwellings and 332 units sold in the 12 months to March 2026, the market has exceptional depth, giving investors both entry opportunities and reliable exit liquidity when the time comes.
The median asking rent for units reached $630 per week in May 2026, up from $580 per week in June 2025, a change in rental rate of 9.1% over the year. This outperforms the Brisbane-wide unit rental movement of 7.2% over the same period, confirming Nundah as a suburb where tenants are competing to secure properties. The gross rental yield for units sits at 4.0% as at May 2026, based on a median unit value of $891,528. At $630 per week, that represents approximately $32,760 in gross annual rental income.
The speed at which units are being absorbed is striking. The median days on market for Nundah units is just 9 days, compared with 14 days across Brisbane. This is one of the lowest figures in the city and a clear signal of the depth of tenant and buyer demand in the suburb.
The long-term capital growth story for Nundah units is exceptional. From a median of $383,556 in May 2017, unit values have risen to $891,528 in May 2026, more than doubling over nine years. The most recent 12-month gain of 22.7% builds on consecutive years of strong growth, with 23.9% in May 2024 and 22.1% in May 2025, making Nundah one of the most consistent unit growth markets in the inner-north corridor.
Transaction price distribution shows the unit market is firmly mid-to-upper tier. Of the 332 units sold in the 12 months to March 2026, 163 transacted in the $600,000 to $800,000 range, 108 in the $800,000 to $1 million range, and a further 31 above $1 million. The lower quartile price of $700,000 reflects a market where even entry-level units carry genuine value.
With 602 individual rental rate observations recorded over the past 12 months, Nundah has one of the deepest rental evidence pools in the region, giving investors and property managers an accurate, up-to-date picture of true market rents at all times.
Understanding the Nundah Tenant Demographic
Nundah’s demographic profile is one of its most important investment fundamentals, and the data points to a community that is young, professionally employed, highly educated, and structurally inclined towards renting in a high-value, well-located suburb.
The predominant age group in Nundah is 30 to 39 years, which accounts for 21.6% of the population, well above Brisbane’s 16.4%. The 20 to 29 cohort is close behind at 21.3%, compared with Brisbane’s 16.2%. Together, these two age groups represent more than 42% of the suburb’s population, and they are the demographic backbone of the private rental market. These are working professionals establishing careers and households, who prioritise proximity to the CBD, transport, and lifestyle amenity over homeownership in a market where values have risen sharply.
Owner-occupation data reinforces this picture. In 2021, 43% of Nundah homes were owner-occupied, a figure that rose modestly from 40% in 2016. That means approximately 57% of the suburb’s housing stock is occupied by renters or held as investment property, a substantial majority that underpins consistent rental demand across both houses and units.
Household structure reflects the suburb’s young, couple-dominated character. Childless couples represent 49.6% of all households in Nundah, significantly above the Brisbane-wide figure of 38.5%. Couples with children account for 31.9%, broadly comparable to the Brisbane average. These are stable, income-earning households that support the current rental levels of $630 to $750 per week.
The occupational profile is strongly professional. Professionals account for 30% of the Nundah workforce, comparable to the Brisbane-wide figure of 32%, and are complemented by clerical workers (15.7%) and managers (12.6%). This is an employed, white-collar community with the income to sustain premium rental commitments through economic cycles.
Income distribution confirms the financial capacity of Nundah’s resident base. The largest income band is $78,000 to $130,000, accounting for 27% of households. A further 13.5% earn between $130,000 and $182,000, and 14.7% earn above $182,000. Taken together, more than 28% of Nundah households earn above $130,000 annually, reflecting a genuinely high-income suburb that supports premium rental returns.
Education levels are among the highest in the region. A total of 36.2% of Nundah residents hold a bachelor degree, virtually matching the Brisbane-wide figure of 36.1%, while a further 10.9% hold a postgraduate qualification. Highly educated renters tend to be stable, long-term tenants who maintain properties carefully and renew leases, which is valuable intelligence for landlords managing assets in the area.
