With a capital gain of 16.77% for the last 12 months, Cairns North, 4870 has performed for property investments than its average annual 4.16% property growth over the last 5 years.
The five-year average increase in median property values for Cairns North,4870 has given property investors a potential capital gain of 23.73% across each of those five years.
Vendor discounting in Cairns North is giving property investors an average Vendor Discount of around -8.11%. This puts suburb at number 213th in QLD when ranking the most discounted suburbs.
At number 2543 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 for properties listed there.
Cairns North, 4870’s gross rental yield is 3.84%
If you compare the increase in value of investment property in Cairns North, 4870 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.15%.
The five-year average increase in median property values for Cairns North,4870 has given property investors a potential capital gain of -15.72% across each of those five years.
Cairns North, 4870 is offering QLD ‘s 75th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Property investors should expect to get $320 weekly from the median priced house in this suburb.