Powered by MOMENTUM MEDIA
AREA REPORTS

Cairns City

Suburb Profile

Cairns City - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4870

unit

A steady increase in median property prices over a five-year period in CAIRNS CITY, 4870 translates to a 3.03% capital gain.

CAIRNS CITY, 4870 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $340,000.

Profits due to an upward trend in home prices in CAIRNS CITY, 4870 averaged 1.01% per annum over a 3-year period.

Home owners selling their properties and realtors in CAIRNS CITY usually have to wait an average of 94.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $400 mark, reflecting a 6.12% increase in returns based on the current median price in CAIRNS CITY.

CAIRNS CITY, 4870 places 130th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $340,000
GROWTH REPORT
Median Quarterly N/A 0.15%
Median 12 month N/A -20.93%
Median 3 years N/A 3.03%
Median 5 years N/A 13.43%
10 years average annual N/A 0.75%
Weekly media advert. rent N/A $400
Time on Market N/A 94.5 days
Gross Rental Yield Percent N/A 6.12%
demographics (median values)
Total Population
1514
Weekly Household Income
1071
Household Size
1.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

health crisis

Property to regain momentum following health crisis

Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...

retailers

Retailers and shopping centres unite, agree on eviction moratorium

Aussie national retail groups and shopping centre landlords have reached an agreement on a set of retail leasing principles, presenting a un...

PM provides commercial lease update

PM provides commercial lease update

In a press conference following the most recent national cabinet meeting, Prime Minister Scott Morrison has weighed in on the government’s...

commercial warehouse

‘It’s a terrific time to be investing in commercial property’: Ray White

Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...

Michael Sukkar

Moratorium does not mean rent-free

Landlords have received welcome news, with the Minister for Housing confirming there is no rental freeze during the moratorium. ...

Philip Lowe

Negative interest rates out of the question: RBA

The Reserve Bank has “no appetite” for negative interest rates, with the current cash rate locked in for an “extended period”, the c...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.