With a capital gain of 21.88% for the last 12 months, Cairns North, 4870 has performed for property investments than its average annual 7.79% property growth over the last 5 years.
Cairns North,4870 has offered an average of 21.88% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Cairns North is offering property investors an average of -7.17. This rate of discount on properties puts Suburb at number 171th in terms of most discounted suburbs in QLD
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Cairns North has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.37% to date .
Over the longer term, Cairns North has seen property prices show investors a -25.35% return over the last 3 years. This is an improvement over the last 12 months
Cairns North, 4870 is offering QLD ‘s 58th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Cairns North, 4870’s gross rental yield is 7.26%