Details of the compensation package will remain private, with both parties signing a confidentiality agreement.

However, the disputed 600-man accommodation camp will be allowed to be occupied and operated by QGC, as the company had initially planned.

Mr Stiller told Queensland Country Life he was unable to make any comment on the outcome.

Mr Stiller has spent the past two months in court-ordered mediation with QGC, after failed private negotiations between the landholder and the gas company, which resulted in the initial court action.

The mediation was ordered during the first hearing of the Queensland Planning and Environment Court at Maroochydore in June after Mr Stiller instigated legal proceedings.

The settlement outcome was reached at a mediated meeting late last week.

Queensland Country Life first reported in March that QGC had breached its own code of conduct rules by constructing a 600-man accommodation camp less than 200m from Mr Stiller's property at Upper Downfall Creek Road, without any discussion with Mr Stiller.

QGC had stated they would negotiate with landholders within a 400m radius.

Mr Stiller had complained the constant noise and dust from the project construction was disruptive to both himself and his wife.

QGC has continued to construct the accommodation camp during the negotiation period.

QGC vice president corporate, Brett Smith, said the agreement was a "constructive outcome for both parties".

"We'd have preferred we had not gone that way, but we were not lily-white in this matter," he said.

"At the end of the day it is good we've been able to reach an agreement."