Kanimbla is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 2,827, the suburb has an established demographic with a median age of 39. Households earn a median income of $118K per year, with an average household size of 2.9 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Kanimbla is $600,000, having grown strongly 5.8% over the past year. Units have a median price of $350,000 (+12.9% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,842.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Kanimbla offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($600K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +5.8% year-on-year.
Kanimbla is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 2,827, the suburb has an established demographic with a median age of 39. Households earn a median income of $118K per year, with an average household size of 2.9 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Kanimbla is $600,000, having grown strongly 5.8% over the past year. Units have a median price of $350,000 (+12.9% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,842.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Kanimbla offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($600K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +5.8% year-on-year.