CAIRNS CITY 4870
State: QLDPosiProp AI Investment Summary
CAIRNS CITY (QLD 4870) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 13.2%, with a median house buy price of $610,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$596,450
$610,000
–
$610,000
Suburb Market Profile
Last month Cairns City had 23 properties available for rent and 26 properties for sale. Median property prices over the last year range from $610,000 for houses to $615,000 for units. If you are looking for an investment property, consider houses in Cairns City rent out for $525 PW with an annual rental yield of 4.6% and units rent for $650 PW with a rental yield of 6.3%. Cairns City has seen an annual compound growth rate of 13.2% for houses and 14.4% for units.