Cairns Property Market
QLD · Data to 2024
$591,558
Median house price
Gross Yield
3.43%
1yr Growth
+9.0%
3yr Growth
+9.0%
5yr Growth
+9.0%
Median Rent
$385/wk
Suburbs tracked
7
📈 Median House Price Trend
💰 Rental Yield Trend
📊 Annual Market Snapshot
| Year | Median Price | Weekly Rent | Gross Yield | 1yr Growth | 5yr Growth |
|---|---|---|---|---|---|
| 2024 | $591,558 | $385/wk | 3.43% | +9.0% | +9.0% |
| 2023 | $542,714 | $385/wk | 3.74% | 0.0% | — |
| 2022 | $542,714 | $357/wk | 3.46% | 0.0% | — |
| 2021 | $542,714 | $316/wk | 3.07% | 0.0% | — |
| 2020 | $542,714 | $273/wk | 2.65% | 0.0% | — |
| 2019 | $542,714 | $262/wk | 2.55% | — | — |
About the Cairns Property Market
The Cairns property market recorded a median house price of $591,558 in 2024, with an average gross rental yield of 3.43%. Prices grew 9.0% over the past year. Over five years, Cairns property values have increased by 9.0%. Data is aggregated from 7 suburbs tracked across the Cairns metro area.