Suburb Profile Report for Cairns North QLD (4870)

Cairns North House: Median price $452,500, Annual capital growth 3.58%, Number of sales 19, Weekly median advertised rent $380

Cairns North Unit: Median price $235,500, Annual capital growth 0.54%, Number of sales 182, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

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  • House Report
  • Unit Report

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%

HOUSE UNIT
$452,500 $235,500
7.74% 2.39%
7.74% 3.86%
3.58% 0.54%
$380 $320
19 182
4.37% 7.07%
69.27 86.13

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4444
Median household income ($/weekly) 1026
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 504 11.3
    25-34 years 1042 23.5
    35-44 years 688 15.5
    45-54 years 656 14.8
    55-64 years 492 11.1
    Others 1060 23.9
    Age Group
    Census Count Percent(%)
    Not Married 1732 57.9
    Registered Married 770 25.8
    Defacto Relationship 487 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2348 61.9
    Indonesia 118 3.1
    Papua New Guinea 207 5.5
    United Kingdom 260 6.9
    Other 308 8.1
    Others 554 14.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 150 4.2
    Christianity 2051 57.0
    Hinduism 81 2.2
    Other Religious Groups 61 1.7
    No Religion 1225 34.0
    Others 33 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 166 10.0
    $600-$799 202 12.1
    $800-$999 173 10.4
    $1,000-$1,249 183 11.0
    $1,500-$1,999 222 13.3
    Others 717 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1536 45.3
    Not in the labour force 926 27.3
    Employed, worked part-time 578 17.1
    Unemployed, looking for work 214 6.3
    Employed, away from work 136 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 224 9.9
    Professionals 546 24.2
    Technicians & trades workers 305 13.5
    Community & personal service workers 342 15.2
    Clerical & administrative workers 260 11.5
    Others 575 25.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 172 24.5
    Secondary 128 18.2
    Technical or Further Educational Institution 111 15.8
    University or other Tertiary Institutions 211 30.1
    Other type of educational institution 46 6.6
    Others 34 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2320 66.4
    Separate house 851 24.4
    Semi-detached, row or terrace house, townhouse 303 8.7
    House or flat attached to a shop, office 20 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1238 68.9
    Being purchased 322 17.9
    Fully owned 230 12.8
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals