Redlynch is a well-established suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 10,571, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $120K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Redlynch is $700,000, having grown strongly 6.1% over the past year. Units have a median price of $407,000 (+15.1% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,842.
Redlynch is served by 2 schools, including 2 combined. The average ICSEA score is 1037, which is around 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, Redlynch offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($700K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +6.1% year-on-year.
Redlynch is a well-established suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 10,571, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $120K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Redlynch is $700,000, having grown strongly 6.1% over the past year. Units have a median price of $407,000 (+15.1% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,842.
Redlynch is served by 2 schools, including 2 combined. The average ICSEA score is 1037, which is around 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, Redlynch offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($700K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +6.1% year-on-year.