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Investment Property Freshwater, QLD, 4870

Suburb Snapshot

Freshwater is a suburb in the Cairns Region of Queensland. Freshwater has a population of 2,032 people and 26.71% of its occupants live in rental accommodation. The median listing price for houses is $784,500 and this has changed 6.15% over the past year and changed 16.22% over 2 years.

The median rent in Freshwater for houses is $665 per week and the median rental yield is 4.40%. Stock on the market for houses/townhouses has changed -22.22% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $390,000 and this has changed 21.87% over the past year. The average unit takes 27 days to sell and the median rent for a unit in Freshwater is $500 per week, producing a rental yield of 6.66%.

Supply & Demand in Freshwater, Cairns

0.48%

Current vacancy rate


5

Rental stock available


2,032

Population


26.71%

Rental population


0.78%

Current vacancy rate


631

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Freshwater, Cairns

  House Townhouses Units
Median listing price $784,500 NA $390,000
Median price change - last quarter 2.01% NA 0.00%
Median price change - 1 year 6.15% NA 21.87%
Median price change - 2 years 16.22% NA 22.06%
  House Townhouses Units
Median weekly rent $665 NA $500
Median yield % 4.40% NA 6.66%
Median rent change - 1 year -4.32% NA 11.11%
  House Units
Previous month sales 1 1
Stock on market previous month 7 4
Stock variance vs. last year -22.22% -42.86%
Average days on market 47 27

Freshwater investment property listings

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