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Cairns City

Suburb Profile

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

unit

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 $326,250.

Profits due to an upward trend in home prices in CAIRNS CITY, 4870 averaged 1.75% per annum over a 3-year period.

Home owners selling their properties and realtors in CAIRNS CITY usually have to wait an average of 78.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $465 mark, reflecting a 7.41% increase in returns based on the current median price in CAIRNS CITY.

CAIRNS CITY, 4870 places 227th 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 $326,250
GROWTH REPORT
Median Quarterly N/A -2.61%
Median 12 month N/A -18.44%
Median 3 years N/A 5.24%
Median 5 years N/A -2.03%
10 years average annual N/A -0.4%
Weekly media advert. rent N/A $465
Time on Market N/A 78.5 days
Gross Rental Yield Percent N/A 7.41%
demographics (median values)
Total Population
1514
Weekly Household Income
1071
Household Size
1.80
demographics
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