Westcourt is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 3,841, the suburb has an established demographic with a median age of 41. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Westcourt is $500,000, having grown strongly 6.4% over the past year. Units have a median price of $320,000 (+16.4% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,300.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Westcourt offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($500K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +6.4% year-on-year.
Westcourt is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 3,841, the suburb has an established demographic with a median age of 41. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Westcourt is $500,000, having grown strongly 6.4% over the past year. Units have a median price of $320,000 (+16.4% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,300.
The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Westcourt offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($500K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +6.4% year-on-year.