Cairns North is in the TOP 20% in QLD when comparing median price capital growth over the last year. Cairns North gave property investors a very good capital gain figure when compared to the rest of the state, with 10.23%.
Across a shorter period, Cairns North, 4870 has seen a median price increase of -2.02% over the last quarter.
Cairns North4870 is located in QLD which offers an average discount of -7.14% to property investors. Cairns North itself is showing figures that indicate -7.79% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Cairns North have been waiting around 103.41 days to sell a property.
Over the last year, property investments in Cairns North, 4870 have given investors a capital gain of 4.35%. This compares favourably with the 1.41% for QLD as a whole.
Over the longer term, Cairns North has seen property prices show investors a 9.09% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.54% offered to property buyers. Sellers in Cairns North itself are offering an average vendor discount of -6.41% to real estate investors.
Residents and property investors in Cairns North have been waiting around 90.35 days to sell a property.
Cairns North is 27th on a list of best yielding suburbs for rents in QLD with a 6.93% return