Cairns Property View May 2018

May 2018 Cairns Property View

Word on the street is that whilst still slow on the property front, the predictions are looking positive for the near future with the “calm before the storm” mindset. 2018 should be the year the Cairns economy starts to take off.

Current property price trends are best described using any of the following adjectives; still, dead-flat, static or stagnant, becalmed (even though price movements for individual properties can be mixed). For a full report on the HTW Valuers CairnsWatch click on this link.

Trend median price movements for the twelve months to March 2018 have demonstrated changes of -1.7% for houses, -1.4% for units and -0.6% for vacant land.

Regards,
Daniel Sheehan
0409 265 326

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