MEDIAN VALUE - HOUSES
7 LORIKEET STREET, FRESHWATER
Sold for $960,000 by Ally Cousens
Multiple offers: 5
Buyer inspections: 33
Buyer enquiries: 21
MARKET TRENDS: UNITS
Median sale days on market
Median asking rent
MEDIAN VALUE - UNITS
THE FRESHWATER MARKET
High Demand, Fast Sales, and New Opportunities for Buyers
Freshwater continues to experience strong buyer demand and very limited stock. Quality homes are being snapped up quickly, often after their first open home, as families and investors compete for a small pool of available properties.
This ongoing imbalance between supply and demand has been one of the key drivers of price growth across the Cairns Region. With vacancy rates remaining at record lows, it’s clear that the demand for quality housing in popular suburbs like Freshwater isn’t slowing down anytime soon.
New 5% Deposit Guarantee Scheme Boosts Buyer Confidence
Adding further momentum to the market is the recent expansion of the Government’s Home Guarantee Scheme, which took effect on 1 October 2025.
The updated scheme allows eligible first home buyers to purchase with as little as a 5% deposit, without needing to pay Lenders Mortgage Insurance (LMI), and with no cap on the number of available places. Income limits have also been removed, and the price cap for Cairns has increased to $700,000, making it more accessible to a wider range of buyers.
This means more first home buyers entering the market, particularly in the unit and townhouse segment in Freshwater, where prices typically sit comfortably below the new threshold. For sellers, the current conditions represent an excellent opportunity to achieve premium results. The combination of low stock levels, strong buyer confidence, and fast-selling properties is keeping competition high.
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NATIONAL PROPERTY CLOCK: HOUSES
The property clock is a useful method of tracking the property market cycle. It is based on the recognised stages of the property cycle: a boom followed by a downturn in prices, bust as the market hits the bottom of the cycle, and then a recovery period as the market builds towards the next boom.
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Central Coast
Coffs
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ALLY COUSENS | YOUR PROPERTY AGENT
Ally is your dedicated real estate agent who’s committed to making every transaction a positive and rewarding experience. With fresh insights into the market, a passion for helping clients succeed, and a personalised approach, Ally is here to guide you every step of the way.
She’s focused on prioritising your goals, and ensuring a smooth process from start to finish. Choose Ally to get an agent who’s motivated, approachable, and ready to work tirelessly to help you sell your property with ease and confidence.
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CONTACT ALLY
Consistently meets client expectations for property purchase price.
Asks all customers for reviews whether positive or negative which may result in a more representative star rating.
Professional, dedicated and enthusiastic agent.
On first contact with Twomey Schriber, I requested an agent that could handle what seemed a difficult sale with a rigid deadline.
Ally Cousens rose to the challenge. Ally is extremely easy to deal with, clearly explaining the sale and advertising process. I was kept informed on the sale progress with regular updates.
I can recommend Ally without reservation to anyone in the Cairns and the surrounding area that may be considering selling their property.
Ally will be the first agent I call with any future sales.
- Seller
2025 Statistics: January - September Properties sold
419 $265.8m
15
13,681
4,316
5,612
19
Value of properties sold
Median days on market
Enquiries received
Active buyers
Open home attendees
Sales team members
300+ 13%
Combined years experience
Top market share in Cairns
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