TWOMEY SCHRIBER
Quarterly Property Report: July - September 2024
Brought to you by
Daniel Roser
YOUR CAIRNS PROPERTY MARKET REPORT
Over the past three months, the Cairns property market has maintained consistent demand across many areas. The region’s blend of lifestyle appeal, affordability, and strong rental yields continues to draw both local and interstate buyers, with many suburbs seeing competitive buyer interest.
Cairns: A Diverse and Resilient Market
Throughout the Cairns region, a mix of family homebuyers, investors, and interstate relocators has kept market activity high. Popular suburbs such as Edge Hill, Whitfield, and Redlynch continue to attract families and professionals, offering a desirable combination of amenities and proximity to the CBD. Meanwhile, investors are focusing on suburbs with high rental demand and affordable entry points, ensuring strong returns.
Rental yields across the region remain robust, and well-presented homes in sought-after locations are seeing quick turnovers. As rental vacancy rates stay low, suburbs closer to the CBD and along the southern corridor are performing particularly well for investors.
Buyer Demographics & Market Trends
Cairns’ diverse buyer base includes a mix of families, retirees, and investors. Families are drawn to suburbs with excellent schools, parks, and community infrastructure, while investors are capitalizing on the strong rental market. Additionally, interstate buyers seeking a tropical lifestyle without the high property prices of
southern cities continue to play a significant role.
Key infrastructure developments, including road expansions and new community amenities, are also increasing buyer confidence across the region, leading to an overall positive outlook for both property prices and rental yields.
Outlook
Looking ahead, the Cairns property market is expected to remain strong. Demand from families and investors will likely continue, particularly in suburbs with solid growth potential. Rental demand is set to stay high, making Cairns an attractive option for investors seeking good returns.
If you’re curious about the market or would like advice on your property’s potential, I’m happy to offer guidance. Feel free to reach out anytime.
Daniel Roser 0423 647 751
daniel@tspropertygroup.com.au
44 Mayflower Street, Mount Sheridan Sold $785,000 16 buyer inspections
WHY TWOMEY SCHRIBER?
2024 Year To Date Statistics
449 $250m 21.3 14,837
Properties sold
3,936 5,437 17 250+ 14%
Value of properties sold
Average days on market
Enquiries received Active buyers
Open home attendees Sales team members
Combined years experience
Top market share in Cairns
31 Stream Avenue, Kewarra Beach
Sold $1,350,000
A FEW CLIENTS WE HAVE HELPED
12/215-217 Mcleod St, Cairns Nth
Sold price: $270,000
MultipleOffers
9 Spartan Close, Edmonton
Sold price: $640,000
24/44-50 Pease Street, Manoora
Sold price: $400,000
SoldOffMarket
2/29 Galeandra Street, Edmonton
Sold price: $440,000
31 Stream Avenue, Kewarra Beach
Sold price: $1,350,000
44 Mayflower St, Mount Sheridan
Sold price: $785,000
19/87-91 Earl Street, Westcourt
Sold price: $200,000
MultipleOffers
34/21-29 Giffin Road, White Rock
Sold price: $535,000
24 Meranti Street, Edmonton
Sold price: $599,000 SoldOffMarket
MultipleOffers
6/4-6 Brown Street, Woree
Sold price: $310,000
1/28 Valmadre Street, Caravonica
Sold price: $431,100
MultipleOffers
4/29 Mintaro Crescent, Woree
Sold price: $300,000
“All round top agent - can I give him 6 stars?
I found Daniel to be a very professional operator. From the start, he communicated what he need from the property in order to meet the market and his delivery was respectful and encouraging.
He was realistic with pricing and explained his thought lines. Throughout the process he kept us informed with the outcomes of open homes and potential buyers. He always arrived well before the open home times so that we had time to vacate and he was always very positive.
Daniel is a good listener and was considerate of what my needs were and had a genuine respect for the property and my furniture and contents. He always took his boots off even when I said he didn’t have to.
I found Daniel’s knowledge of the market to be vast and if ever required, he was able to call on the knowledge of his colleagues.
During the time after the contract was signed, Daniel kept me updated on when sale conditions were met and checked in on me a number of times when the contract was unconditional, to ensure everything was on track for settlement date. The settlement transaction was smooth and not 5 minutes after he was on the phone to congratulate me.
Thanks Daniel, you have made this transaction worry-free and would not hesitate to recommend you to anyone looking to buy or sell real estate.
- Seller
CLICK HERE to read all my client reviews.
34/21-29 Giffin Road, White Rock
Sold $535,000 ($36,000 over asking) 4 Offers
Twomey Schriber Property
CLICK
320 Sheridan Street, Cairns North QLD 4870
Email: daniel@tspropertygroup.com.au
Mobile: 0423 647 751
Phone: (07) 4031 3138
Website: www.tspropertygroup.com.au