Cairns North has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 25.00% to date .
A 25.71% growth in median value for property investors in Cairns North,4870 puts this suburb at number 244th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -10.29% to buyers in Cairns North at the moment, which is less than average for the rest of QLD.
Situated 1387.56km from the CBD, Cairns North is one of Cairns localities in the postcode 4870.
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 2.33%.
Cairns North,4870 has offered an average of 2.33% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Cairns North are currently offering property investors an average price cut of -7.65% below the asking price at the moment.
Property investors should expect to get $310 weekly from the median priced house in this suburb.