Manoora is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 6,175, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Manoora is $488,000, having surged 20.4% over the past year. Units have a median price of $276,000 (+17.2% YoY). The current median weekly rent is $420. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,100.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Manoora offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($488K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +20.4% year-on-year.
Manoora is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 6,175, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Manoora is $488,000, having surged 20.4% over the past year. Units have a median price of $276,000 (+17.2% YoY). The current median weekly rent is $420. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,100.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Manoora offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($488K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +20.4% year-on-year.