June Market Wrap with Sirah
It was welcome news for homeowners and borrowers this month, with the Reserve Bank of Australia announcing an unchanged cash rate of 4.35%. Following a series of increases earlier this year, this decision has provided a period of stability and renewed confidence among buyers.
This sense of optimism is reflected across Queensland's property market. According to new data from Domain, 98.68% of markets across the state recorded growth over the 12 months to March 2026. Only nine of Queensland's 683 suburbs and towns experienced a decline in median house or unit values.
The story of state-wide resilience has continued despite a softening national market. Australian capital dwelling prices declined -0.2% over the last month, yet Brisbane property values increased 0.7% in the same period. Similarly, the latest figures from REIQ show Queensland’s median house price increased 15.7% annually while unit values climbed 17.19%.
June’s Monthly Housing Chart Pack from Cotality has also revealed a slight days-on-market improvement, sitting at 28 from the 30-day median recorded a year earlier. Listing numbers have returned closer to seasonal norms too, although overall supply remains below the five-year average. This continued imbalance between supply and demand, coupled with population growth outpacing new housing construction, is expected to underpin property values moving forward.
Industry thought leaders, like Michael Yardney, also remind us caution has its own cost, and waiting can be very expensive. “If a quality property grows by even 5% to 7% over a year, waiting can mean paying tens of thousands of dollars more for the same asset.”
Closer to home, market activity remains strong. Eleven properties are currently under contract, including four of the six Wattle Street townhouses in Cooroy. We recently sold 35 Overlander Drive, Cooroy in just 15 days, while 58-62 Marlock Court, Doonan successfully sold under the hammer at auction.
Additionally, we are proud to announce an exciting new chapter for Hinternoosa. Countryside Realty Noosa has transitioned into our agency, following the retirement of long-time Principal Robyn Kildey. After more than two decades serving local families, it is an honour to be entrusted with the care of her valued clients. This brings together two respected local agencies with deep community connections and a shared commitment to personalised service and integrity.
Whether you are considering selling, investing or simply seeking advice, our team combines extensive local expertise with a genuine passion for people, property and the beautiful Noosa Hinterland. Count on us to help you navigate the market with confidence.