Over the last year, property investments in Cairns North, 4870 have given investors a capital gain of 10.50%. This compares very favourably with the 1.98% for QLD as a whole.
Cairns North,4870 has offered an average of 10.50% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -6.98% to buyers in Cairns North at the moment, which is less than average for the rest of QLD.
In the last year 29 properties changed hands in Cairns North, which puts it as the 595th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $360 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Cairns North, 4870 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.43%.
The five-year average increase in median property values for Cairns North,4870 has given property investors a potential capital gain of -7.54% across each of those five years.
Vendor discounting in Cairns North is giving property investors an average Vendor Discount of around -7.27%. This puts suburb at number 57th in QLD when ranking the most discounted suburbs.
Cairns North is 16th on a list of best yielding suburbs for rents in QLD with a 7.35% return