Property value increases in Cairns North have tracked close to the QLD average of 2.11% over the last 12 months.
Taking the average capital gain, or increase in median house value, Cairns North,4870 has racked up an average of 3.08% over the period. This ranks it number 1977th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Cairns North is $499950, with sellers offering an average of -6.53% off the asking price.
Residents and property investors in Cairns North have been waiting around 91.88 days to sell a property.
Cairns North is 648th on a list of best yielding suburbs for rents in QLD with a 3.69% return
QLD has seen average median house prices change by 1.12% which means that Cairns North, 4870 has done well for property investors by showing a capital gain of -2.01% over the last year
A -5.41% growth in median value for property investors in Cairns North,4870 puts this suburb at number 127th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -8.05% to buyers in Cairns North at the moment, which is less than average for the rest of QLD.
At number 1117 in a list of fastest selling suburbs, Cairns North is in the bottom 30% of suburbs in Australia with an average of days on market 98.81 for properties listed there.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.