Q4 2024 Property Report - Daniel Roser

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TWOMEY SCHRIBER

Quarterly Property Report: October - December 2024

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Daniel Roser

Reflecting on 2024 and Looking Ahead to 2025

As we transition into 2025, it’s worth reflecting on a dynamic and resilient year for the Cairns property market. Throughout 2024, the market demonstrated strong demand across a diverse range of buyer profiles. A mix of local purchasers, interstate relocators, and investors drove consistent activity, with affordability, lifestyle appeal, and high rental yields continuing to underpin the region’s desirability.

Over the past year, rental demand remained a standout feature, with low vacancy rates ensuring steady competition for wellpresented properties. Infrastructure developments and a growing population supported confidence in the market, with many areas seeing steady price growth.

Cairns: A Dynamic and Growing Market

This past quarter, the Cairns market has continued to thrive, with both buyer and investor confidence remaining strong. Family-friendly areas and those offering larger blocks or development potential have maintained their popularity, drawing diverse interest from across the spectrum. Cairns’ reputation as a lifestyle destination remains a key driver, with buyers seeking an affordable entry point into one of Queensland’s most attractive regions.

Investor activity has shown growth, with low rental vacancy rates ensuring competitive yields. Properties in well-maintained condition are achieving quick sales, often exceeding expectations, reflecting the ongoing demand across the region.

Market Trends & Buyer Insights

Cairns continues to attract a mix of families, retirees, and investors. Families are drawn to the region’s community-focused amenities and excellent lifestyle opportunities, while investors are capitalising on rental market stability. Interstate migration remains a significant factor, as buyers from larger cities look for affordable tropical living options.

In line with 2024 trends, infrastructure projects, such as road upgrades and community enhancements, are bolstering buyer confidence. These improvements, paired with consistent demand and stable prices, signal a positive outlook for the region.

Outlook for 2025

Looking ahead, the Cairns property market is expected to remain strong. Investor interest is likely to continue as rental demand stays high, and families and owner-occupiers are anticipated to sustain interest in areas with strong lifestyle appeal. Infrastructure developments and population growth will further support market activity, ensuring a stable and prosperous year ahead.

If you’d like to discuss the market or are considering buying or selling, I’m happy to provide advice and insights tailored to your needs. Feel free to reach out anytime—I’m here to help.

Daniel Roser

24 Valmadre Street, Caravonica Sold $690,000 16 buyer enquiries

WHY TWOMEY SCHRIBER?

2024 Statistics Properties sold 568 $320.3m

Value of properties sold

13

18,310

4,047

6,807

17

Median days on market

Enquiries received

Active buyers

Open home attendees Sales team members

250+ 13%

Combined years experience Top market share in Cairns

51 Verbena Drive, Mount Sheridan Sold $860,160

SOME CLIENTS WE HAVE HELPED THIS YEAR

MultipleOffers

13/27-29 Stokes St, Edmonton

Sold price: $264,000

52 Wirrah Cl, Bayview Heights

Sold price: $832,000

24/44-50 Pease Street, Manoora

Sold price: $400,000

4/36-38 Old Smithfield Road

Sold price: $360,000

1/4 Cavanagh Street, Woree

Sold price: $326,000

31 Stream Avenue, Kewarra Beach

Sold price: $1,350,000

44 Mayflower St, Mount Sheridan

Sold price: $785,000

93 Woodlock Drive, Edmonton

Sold price: $642,000

19/87-91 Earl Street, Westcourt

Sold price: $200,000

MultipleOffers

17 Jordan Street, Edmonton

Sold price: $450,000

28/55-57 McCormack St, Manunda

Sold price: $267,000

1/28 Valmadre Street, Caravonica

Sold price: $431,100

MultipleOffers

34/21-29 Giffin Road, White Rock

Sold price: $535,000

MultipleOffers

16 Malibu Close, White Rock

Sold price: $537,500

MultipleOffers

3/29 Mintaro Crescent, Woree

Sold price: $270,000

69 Draper Road, Gordonvale

Sold price: $950,000

HIGHLY recommend!

Daniel made selling our property as easy and as seamless as possible! Because of his expertise and contacts, we were able to sell our property off market, quickly and for a price that we are very happy with!

He maintained exceptional communication throughout the entire process and made sure we were kept up to date with every detail big or small.

We would highly recommend Daniel to anyone that is planning on selling their property!

CLICK HERE to read all my client reviews.

5/239-241 Lyons Street, Westcourt Sold $183,100

CLICK HERE and enter your address for an INSTANT Digital Property Report that highlights your market value including recent sales, rental history, suburb report and more.

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

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