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Investment Property Westcourt, QLD, 4870

Suburb Snapshot

Westcourt is a suburb in the Cairns Region of Queensland. Westcourt has a population of 3,921 people and 51.45% of its occupants live in rental accommodation. The median listing price for houses is $559,000 and this has changed 24.22% over the past year and changed 25.61% over 2 years.

The median rent in Westcourt for houses is $555 per week and the median rental yield is 5.16%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 34 days.The median listing price for units is $320,000 and this has changed 8.47% over the past year. The average unit takes 51 days to sell and the median rent for a unit in Westcourt is $395 per week, producing a rental yield of 6.41%.

Supply & Demand in Westcourt, Cairns

1.08%

Current vacancy rate


23

Rental stock available


3,921

Population


51.45%

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 Westcourt, Cairns

  House Townhouses Units
Median listing price $559,000 NA $320,000
Median price change - last quarter 4.48% NA 3.22%
Median price change - 1 year 24.22% NA 8.47%
Median price change - 2 years 25.61% NA 23.07%
  House Townhouses Units
Median weekly rent $555 $480 $395
Median yield % 5.16% NA 6.41%
Median rent change - 1 year 11.00% NA 5.33%
  House Units
Previous month sales 3 5
Stock on market previous month 5 20
Stock variance vs. last year 0.00% -33.33%
Average days on market 34 51

Westcourt investment property listings

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