Cairns North is in the TOP 30% in QLD when comparing median price capital growth over the last year. Cairns North gave property investors a good capital gain figure when compared to the rest of the state, with 7.74%.
Across a shorter period, Cairns North, 4870 has seen a median price increase of 7.74% over the last quarter.
At number 684th of QLD’s most discounted properties, Cairns North is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Cairns North is 544th on a list of best yielding suburbs for rents in QLD with a 4.37% return
At number 886th in the list of Australian suburbs ordered by increase in median house value over the last year, Cairns North, 4870 is in the BOTTOM 50% with a property value increase of 3.86% recorded in median house prices.
Over the longer term, Cairns North has seen property prices show investors a 9.53% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Cairns North is giving property investors an average Vendor Discount of around -7.28%. This puts suburb at number 57th in QLD when ranking the most discounted suburbs.
Cairns North, 4870’s gross rental yield is 7.07%