EDMONTON
Quarterly Property Report: October - December 2024
to you
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.
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
10 Talaroo Street Sold $525,000
MARKET TRENDS: HOUSES
MARKET TRENDS:
27 Graham Street Sold $620,000
6 Gadgarra Close Sold $535,000
18 McPhail Street Sold $650,000
