A few figures from my house today. I'm in Tas so you can't directly compare actual temps with Qld but it should nonetheless give an indication of how insulation holds the heat in.
Heating was turned off at 5:50am and I left for work at 6:20. It was 20 degrees inside at 5:50am, 8.5 degrees outside. At 6:20 it had dropped to 18.5 degrees inside, helped along by having had the extractor fan in the bathroom on.
Came home at 2:30pm and it was 19 degrees inside. Outdoor temperature now 14.4 (maximum today 14.8 on my thermometer) and it was intermittently sunny until about 1pm then overcast. I have windows facing East, North and West.
Now, quite obviously what I've done here is basically turn the house into a greenhouse. The house warmed up by itself and remained a few degrees warmer than the outside air.
I've had the heater on (3.5kW going flat out) since 2:30 and also had the oven going for half an hour, plus a few minutes use of one burner on the cooktop. It's now 21.5 degrees inside.
So overall the temperature inside is relatively stable. Even in mid winter it's generally around 13 when I get home at 6pm on a day that might have only briefly been above 10 outside. Coldest I've ever seen it inside is 10 degrees and that was after 12 hours with no heating on a completely overcast day with a maximum outside somewhere around 7.
In summer, I have only a portable evaporative cooler that's of limited benefit. But it only gets up to 30 inside when it's been high 30's outside despite the E, N and W facing windows (I close the blinds when it's hot). But on those days it's still around 25 when I go to bed and 22 in the morning with no heating.
So, in short, insulation and thermal mass will help stabilise temperatures. I've got glass wool batts in the roof, foil in the walls, nothing under the floor but it's carpeted and enclosed under. House is a fairly typical 1990's brick veneer with tin roof.