Clifton Beach is a smaller suburb in Queensland within the Cairns local government area (postcode 4879). With a population of 3,192, the suburb has a mature demographic with a median age of 48. Households earn a median income of $77K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Clifton Beach is $785,000, having grown strongly 6.1% over the past year. Units have a median price of $410,000 (+5.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,820.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Clifton Beach offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($785K/$1.1M). The price-to-income ratio of 10.2x is considered stretched. House prices have moved +6.1% year-on-year.
Clifton Beach is a smaller suburb in Queensland within the Cairns local government area (postcode 4879). With a population of 3,192, the suburb has a mature demographic with a median age of 48. Households earn a median income of $77K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Clifton Beach is $785,000, having grown strongly 6.1% over the past year. Units have a median price of $410,000 (+5.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,820.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Clifton Beach offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($785K/$1.1M). The price-to-income ratio of 10.2x is considered stretched. House prices have moved +6.1% year-on-year.