Suburb Profile Report for Cairns North QLD (4870)

Cairns North House: Median price $420,000, Annual capital growth 3.93%, Number of sales 26, Weekly median advertised rent $360

Cairns North Unit: Median price $221,000, Annual capital growth 0.04%, Number of sales 196, Weekly median advertised rent $315

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : Balanced (H), Balanced (U)
  • House Report
  • Unit Report

With a capital gain of -1.41% for the last 12 months, Cairns North, 4870 has performed for property investments than its average annual 3.93% property growth over the last 5 years.

Over the longer term, Cairns North has seen property prices show investors a 15.07% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Cairns North 4870 should be seeing an average reduction in asking price of around -5.88% . This means that Cairns North is holding prices well when compared to other suburbs in QLD.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Property investors who have had real estate in Cairns North, 4870 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.55%

If we look at median property appreciation over just the last three months, Cairns North has given property investors a paper return of -0.45%. This puts Suburb as 217 on a list of fastest fasting appreciating suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.82% offered to property buyers. Sellers in Cairns North itself are offering an average vendor discount of -8.28% to real estate investors.

Often selling an investment property can take time, and in Cairns North the average time real estate has been on the market is 91.18 days.

Renters in Suburb are facing rents around $3780 per annum or $315 every week.

HOUSE UNIT
$420,000 $221,000
0.60% -0.45%
-1.41% 2.55%
15.07% -9.80%
14.29% -23.79%
3.93% 0.04%
$360 $315
26 196
4.46% 7.41%
46.35 91.18
Source: RP Data
Find a mortgage broker in Cairns North QLD
Demographics
Total population 4444
Median household income ($/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
Chart Table
Recent sales & rentals