Whitfield is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 4,262, the suburb has a mature demographic with a median age of 45. Households earn a median income of $87K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Whitfield is $725,000, having dipped slightly 1.4% over the past year. Units have a median price of $360,000 (+14.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Whitfield is served by 1 school, including 1 primary. The average ICSEA score is 974, 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, Whitfield offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($725K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved -1.4% year-on-year.
Whitfield is a smaller suburb in Queensland within the Cairns local government area (postcode 4870). With a population of 4,262, the suburb has a mature demographic with a median age of 45. Households earn a median income of $87K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Whitfield is $725,000, having dipped slightly 1.4% over the past year. Units have a median price of $360,000 (+14.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Whitfield is served by 1 school, including 1 primary. The average ICSEA score is 974, 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, Whitfield offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($725K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved -1.4% year-on-year.