Hervey Bay Property Market
QLD · Data to 2024
$432,911
Median house price
Gross Yield
5.05%
1yr Growth
+9.0%
3yr Growth
+9.0%
5yr Growth
+9.0%
Median Rent
$420/wk
Suburbs tracked
6
📈 Median House Price Trend
💰 Rental Yield Trend
📊 Annual Market Snapshot
| Year | Median Price | Weekly Rent | Gross Yield | 1yr Growth | 5yr Growth |
|---|---|---|---|---|---|
| 2024 | $432,911 | $420/wk | 5.05% | +9.0% | +9.0% |
| 2023 | $397,166 | $420/wk | 5.51% | 0.0% | — |
| 2022 | $397,166 | $396/wk | 5.19% | 0.0% | — |
| 2021 | $397,166 | $361/wk | 4.73% | 0.0% | — |
| 2020 | $397,166 | $325/wk | 4.25% | 0.0% | — |
| 2019 | $397,166 | $315/wk | 4.13% | — | — |
About the Hervey Bay Property Market
The Hervey Bay property market recorded a median house price of $432,911 in 2024, with an average gross rental yield of 5.05%. Prices grew 9.0% over the past year. Over five years, Hervey Bay property values have increased by 9.0%. Data is aggregated from 6 suburbs tracked across the Hervey Bay metro area.