Babinda is a small community in Queensland within the Cairns local government area (postcode 4861). With a population of 1,287, the suburb has a mature demographic with a median age of 48. Households earn a median income of $54K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Babinda is $423,000, having surged 11.9% over the past year. The median weekly rent is $230 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,108.
Babinda is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 916, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Babinda offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($423K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +11.9% year-on-year.
Babinda is a small community in Queensland within the Cairns local government area (postcode 4861). With a population of 1,287, the suburb has a mature demographic with a median age of 48. Households earn a median income of $54K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Babinda is $423,000, having surged 11.9% over the past year. The median weekly rent is $230 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,108.
Babinda is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 916, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Babinda offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($423K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +11.9% year-on-year.