Cairns City is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 3,616, the suburb has an established demographic with a median age of 44. Households earn a median income of $85K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Cairns City is $660,000, having surged 20.5% over the past year. Units have a median price of $380,000 (+17.4% YoY). The median weekly rent is $413 (Census 2021). This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Healthcare facilities include 3 private hospitals. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Cairns City offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($660K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +20.5% year-on-year.
Cairns City is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 3,616, the suburb has an established demographic with a median age of 44. Households earn a median income of $85K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Cairns City is $660,000, having surged 20.5% over the past year. Units have a median price of $380,000 (+17.4% YoY). The median weekly rent is $413 (Census 2021). This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Healthcare facilities include 3 private hospitals. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Cairns City offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($660K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +20.5% year-on-year.