CAIRNS NORTH 4870
State: QLDPosiProp AI Investment Summary
CAIRNS NORTH (QLD 4870) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.5% and has experienced a 12-month capital growth of Down -0.3%, with a median house buy price of $747,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$660,000
$790,000
$960,000
$747,500
Suburb Market Profile
Last month Cairns North had 51 properties available for rent and 61 properties for sale. Median property prices over the last year range from $747,500 for houses to $445,000 for units. If you are looking for an investment property, consider houses in Cairns North rent out for $620 PW with an annual rental yield of 4.5% and units rent for $550 PW with a rental yield of 6.5%. Cairns North has seen an annual compound growth rate of -0.3% for houses and 15.6% for units.
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