Manunda is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 5,191, the suburb has an established demographic with a median age of 39. Households earn a median income of $56K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Manunda is $510,000, having surged 13.3% over the past year. Units have a median price of $225,000 (+15.4% YoY). The current median weekly rent is $420. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,300.
Manunda is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 917, which is below the national average of 1,000. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Manunda offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($510K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +13.3% year-on-year.
Manunda is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 5,191, the suburb has an established demographic with a median age of 39. Households earn a median income of $56K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Manunda is $510,000, having surged 13.3% over the past year. Units have a median price of $225,000 (+15.4% YoY). The current median weekly rent is $420. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,300.
Manunda is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 917, which is below the national average of 1,000. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Manunda offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($510K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +13.3% year-on-year.