Cairns is Australia's gateway to the Great Barrier Reef — a major international tourism hub with Cairns Airport as a primary employer alongside healthcare (Cairns Hospital) and government services. Residential rental demand is underpinned by permanent resident workers, not purely tourism workers. At $612,500 and $525/wk, cashflow is slightly negative at standard LVR. Vacancy at 1.1% is tight. Note: broader Cairns LGA median house prices are materially higher than the Cairns City suburb figure used here.
Both rents (+6.8% pa) and prices (+9.4% pa) are running above long-run averages in Cairns, alongside vacancy of 1.1%. Rental growth typically validates and leads price growth in supply-constrained markets. This combination indicates demand-driven conditions rather than speculative price inflation.
Cairns is Australia's gateway to the Great Barrier Reef — a major international tourism hub with Cairns Airport as a primary employer alongside healthcare (Cairns Hospital) and government services. Residential rental demand is underpinned by permanent resident workers, not purely tourism workers. At $612,500 and $525/wk, cashflow is slightly negative at standard LVR. Vacancy at 1.1% is tight. Note: broader Cairns LGA median house prices are materially higher than the Cairns City suburb figure used here.
Tourism-exposed economy — global events can reduce visitor numbers and affect hospitality employment. Cyclone risk is significant; insurance costs are elevated and rising. Broader Cairns LGA prices ($727k–$745k) imply worse cashflow than the Cairns City figure used here — verify the specific suburb before transacting. Data vintage 2026. Source: realestate.com.au Cairns City. Verify independently.
4.5% yield at $612,500 = $27,300 annual rent vs $31,850 annual interest (80% LVR, 6.5%) = -$4,550. Slightly negative cashflow. Moderate NG dependence at current rate environment.
Model estimates only. Not financial advice. Verify independently.
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