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Investment Property Cairns, QLD

Region Snapshot

Cairns is a region in Queensland, Australia. Cairns has a population of 156,898 people and 32.50% of its occupants live in rental accommodation. The median listing price for houses is $695,000 and this has changed 12.09% over the past year and changed 20.86% over 2 years.

The median rent in for houses is $640 per week and the median rental yield is 4.78%. Stock on the market for houses/townhouses has changed 4.61% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $375,000 and this has changed 10.61% over the past year. The average unit takes NA days to sell and the median rent for a unit in Cairns is $450 per week, producing a rental yield of 6.24%.

Supply & Demand in Cairns

0.76%

Current vacancy rate


617

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Cairns

  House Townhouses Units
Median listing price $695,000 $420,000 $375,000
Median price change - last quarter 1.45% 4.75% 2.73%
Median price change - 1 year 12.09% 12.00% 10.61%
Median price change - 2 years 20.86% 29.23% 25.41%
  House Townhouses Units
Median weekly rent $640 $460 $450
Median yield % 4.78% 5.69% 6.24%
Median rent change - 1 year 8.47% 6.97% 12.50%
  House Units
Previous month sales 103 48
Stock on market previous month 839 393
Stock variance vs. last year 4.61% -11.69%
Average days on market NA NA

Cairns investment property listings

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