Edmonton Report_Q4 2024_EMAIL

EDMONTON Quarterly Property Report: October - December 2024

Brought to you by Daniel Roser

Reflecting on 2024 and Looking Ahead to 2025 As we transition into 2025, Edmonton has proven to be one of the standout areas in the Cairns Region. Over the past year, the suburb saw significant growth in buyer interest, driven by its affordability, larger block sizes, and strong development potential.

Throughout 2024, Edmonton attracted a diverse range of buyers, including families, first-home buyers, and investors seeking to capitalise on the suburb’s high rental demand and excellent value for money.

Rental demand has remained a key highlight, with vacancy rates staying consistently low throughout the year.

The combination of affordability, proximity to key amenities, and ongoing infrastructure upgrades has cemented Edmonton’s appeal for both homeowners and investors.

Edmonton: A High-Growth Suburb This past quarter, Edmonton has continued to thrive, with steady demand from buyers across the spectrum. The suburb’s affordability, combined with its family-friendly environment and strong development potential, remains a key drawcard.

Investors are particularly drawn to Edmonton, benefiting from the suburb’s high rental demand and robust yields.

Properties with subdivision potential and well-maintained family homes continue to perform well, often achieving quick sales above market expectations. With its convenient location and evolving infrastructure, Edmonton is solidifying its position as one of Cairns’ more popular suburbs for value driven buyers.

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Edmonton Quarterly Report

Market Trends & Buyer Insights Edmonton’s buyer base is diverse, with strong interest from local families, interstate relocators, and investors.

Families are attracted to the area’s schools, parks, and community infrastructure, while investors are capitalising on reliable rental yields and projected growth potential.

In line with broader regional trends, Edmonton is benefiting from infrastructure upgrades and increased investment in community facilities.

These enhancements are boosting buyer confidence and further driving demand for properties in the area.

Outlook for 2025 Looking ahead, Edmonton is wellpositioned for continued growth. Its affordability and appeal are expected to attract sustained interest from families and first-home buyers, while investors will no doubt remain active, capitalising on low vacancy rates and strong rental yields. Infrastructure developments and the suburb’s proximity to the southern growth corridor further reinforce its potential for long-term value.

If you’d like to discuss the market in Edmonton 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 0423 647 751 daniel@tspropertygroup.com.au

10 Talaroo Street Sold $525,000

Twomey Schriber Property Group

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SALES FOR THE PAST 3 MONTHS

44

Highest Sale

Total properties sold

37 4 3

$1,400,000

Houses Lowest Sale

Units

$135,000

Land

MARKET TRENDS: HOUSES

$597k

18.5%

Median house value

221

10

$580pw

Number of sales

Median days on market

Median rent for houses

MARKET TRENDS: UNITS

$329k

17.8%

Median unit value

23

14

$420pw

Number of sales

Average days on market

Median rent for units

The above stats are calculated over a rolling 12 month period. The median values are then compared with the results from the same period 12 months ago. Data taken on 05/01/2025 4

PROPERTIES SOLD IN THE PAST 3 MONTHS Address

Bed

Bath

Car

Land Size (m²)

Sale Price

22 Queen Street 4 O'Driscoll Close 10 Talaroo Street 44 Mallicoola Crescent 6 Donovan Close 16 Jorgensen Street 56 Hancock Street 26 Galeandra Street 6 Hancock Street 34 Cooktown Road 7 Mcrobbs Close 32 Woodlock Drive 47 Farmer Street 47 Woodlock Drive 59 Mallicoola Crescent 32 Meranti Street 27 Graham Street 18 Moroney Avenue 41 Lode Street 60 Mceachan Street 6-8 Claderia Street 39 Stewart Street 97 Piccone Drive 53 Galeandra Street 38 Mceachan Street 89 Woodlock Drive 8 Lennox Street 11 Gates Close 1/187 Isabella Road 14 Marr Street 2/2 Nindii Close 17 Farmer Street 38 Isley Street 74 Mallicoola Crescent 19 Galeandra Street 84 Mount Peter Road 1/2 Nindii Close

3 3 3 3 3 3 3 3 3 4 3 3 4 3 4 4 4 4 4 4 3 4 4 4 4 4 4 4 4 4 3 3 3 3 6 4 3

1 1 1 1 2 1 1 2 1 1 1 2 2 2 2 2 1 2 2 2 2 1 2 2 2 2 2 2 2 2 1 1 1 1 2 1 1

2 1 1 1 2 2 2 1 1 3 2 2 2 2 2 2 2 2 2 2 6 2 2 2 2 2 2 2 2 2 1 2 2 4 6 2

1,012 779 700 452 848 700 800 700 806 700 837 450 658 465 508 700 1,618 450 654 766 800 1,012 710 681 653 640 809 800 137 1,009 142 700 800 481 811 2,245 143

$452,000 $522,500 $525,000 $535,000 $545,000 $550,000 $550,100 $565,000 $565,000 $580,000 $581,000 $589,000 $595,000 $603,700 $615,000 $615,000 $620,000 $620,000 $629,000 $640,000 $650,000 $660,000 $667,500 $670,000 $680,000 $680,000 $730,000 $820,000 $480,000 $626,000 $357,500 $500,000 $511,800 $599,000 Not Disclosed Not Disclosed $357,500

1 2 2 2

1 1 1 1

1 1 1 1

41 74 91 74

$135,000 $280,000 $285,000 $290,000

-

-

-

609 845 21,730

$202,750 $255,000 $1,400,000

Units 18/35-37 Louie Piccone Way 5/48 Prior Street 5/42 Prior Street 1/18-22 Wolff Street Land 19 Gallway Street 6 Huey Drive 29-37 Whereat Road

Twomey Schriber Property Group

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27 Graham Street Sold $620,000

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Edmonton Quarterly Report

Twomey Schriber Property Group

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6 Gadgarra Close Sold $535,000

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Edmonton Quarterly Report

Twomey Schriber Property Group

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Edmonton Quarterly Report

18 McPhail Street Sold $650,000

Twomey Schriber Property Group

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M O ulti ffe pl rs e

EDMONTON CLIENTS WE HAVE HELPED IN 2024

2/29 Galeandra Street

Sold price: $640,000

Sold price: $440,000

M O ulti ffe pl rs e

9 Spartan Close

10 Talaroo Street

Sold price: $599,000

Sold price: $525,000

M O ulti ffe pl rs e

24 Meranti Street

27 Graham Street

6 Gadgarra Close

Sold price: $620,000

Sold price: $535,000

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Edmonton Quarterly Report

M O ulti ffe pl rs e

Sold price: $210,000

17/16-20 Mount Peter Road

93 Woodlock Drive

Sold price: $220,000

Sold price: $642,000

M O ulti ffe pl rs e

M O ulti ffe pl rs e

21 Ayla Court

Sold price: $264,000

So M ld ar O ke ff t

13/27-29 Stokes Street

83 Woodlock Drive

17 Jordan Street

Sold price: $557,000

Sold price: $450,000

Twomey Schriber Property Group

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WHY TWOMEY SCHRIBER? 2024 Statistics

568

Properties sold

$320.3m 13

Median days on market

18,310

Enquiries received

4,047

Active buyers

6,807

Open home attendees

17

Sales team members

250+ 13% 14

Value of properties sold

Combined years experience

Top market share in Cairns

Edmonton Quarterly Report

“

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!

- Seller

”

CLICK HERE to read all my client reviews.

Twomey Schriber Property Group

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DOWNLOAD AN INSTANT REPORT FOR YOUR HOME Would you believe me if I said the median property value in Edmonton has increased a whopping 78.3% in only 5 years?!

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

Data taken from CoreLogic and other sources we assume to be reliable as at 06/01/25. We assume no responsibility or liability for any errors or omissions in the content. The information contained in this document has no guarantees of completeness, accuracy, usefulness or timeliness.