Cairns North, 4870 ranked 125th in QLD when comparing growth in median property values or capital gain over the last 12 months. Cairns North is one of 2411 in our list for QLD
Comparing Cairns North,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Cairns North is $420000, with sellers offering an average of -10.68% off the asking price.
At number 2364 in a list of fastest selling suburbs, Cairns North is in the bottom 40% of suburbs in Australia with an average of days on market 96.68 for properties listed there.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 6.28%, investors should hope to achieve an overall return of 4.46%
Over the last year, property investments in Cairns North, 4870 have given investors a capital gain of 0.00%. This compares averagely with the 1.15% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Cairns North,4870 has racked up an average of 0.00% over the period. This ranks it number 1616th in the whole country for real estate investors looking at median house price increases.
At number 53th of QLD’s most discounted properties, Cairns North is in the bottom 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 14.67 sales per month, which equates to 176 per year.
Cairns North is 18th on a list of best yielding suburbs for rents in QLD with a 7.50% return