Cairns Property View – Aug 2020

Cairns Property View – Aug 2020 RENTALS – According to the latest realestate.com.au data, units at Holloways Beach reported a 10.75 per cent yield in the past 12 months, collecting $310 rent on average. The usual front-runners of rental returns Woree and Manoora, which were among the nation’s best last year, were second and third […]

Cairns Property View – July 2020

Cairns Property View – July 2020 Happy New Financial Year. The QLD Government recently announced new cash grants for first home owners, small businesses, seniors needing household repairs and a $100 million program to build social housing around the state. So, the first home owners grant is extended for newly-built homes. In addition to the […]

Cairns Property View – May 2020

The Cairns Property View for May 2020 While Australia (and the rest of the world for that matter) continues to shake off the financial, health and social effects that the covid-19 pandemic has bestowed upon us, I have found the property market has not been as hard hit as I’d imagined. I have had one […]

Cairns Property View – March 2020

Cairns Property View – March 2020 Let’s start briefly with the “elephant in the room”.. worldwide, COVID-19 (coronavirus) has infected more than 80,000 people – mostly in China – and killed more than 2800. It is sweeping through Europe, with Italy the epicentre of the outbreak. France is also bracing for an influx of new […]

Cairns Property View – January 2020

Cairns Property View – January 2020 I hope you enjoyed your holidays and that 2020 works out very well for all of us. Remember to stay off your devices whilst driving as the Queensland Government has announced from February 1, the penalties for illegally using a mobile phone while driving are increasing from a $400 fine […]

Cairns Property View – December 2019

Cairns Property View – December 2019 Price trends for property sales remain basically flat to slightly declining for houses, but have wavered for land and units throughout 2019. The latest trend median prices, for Cairns properties sold in the month of October 2019, came in at $411,000 (houses), $206,000 (units), and $207,000 (vacant land). Twelve […]

Cairns Property View – October 2019

Cairns Property View – October 2019 The Cairns property market is still holding steady. It has had it’s share of ups and downs over the past couple of years, due in large part to the patchy local economy and a recovering tourism sector. The market standout continues to be the region’s rental sector, with vacancy […]

Cairns Property View – September 2019

Cairns Property View – September 2019 Overall, there are early signs that the housing market has stabilised however, this evidence is much more prevalent in capital cities than regional markets. Some of the property markets that have recorded significantly value falls over recent years have actually recorded value increases over the past three months. Most […]

Cairns Property View – July 2019

Cairns Property View – July 2019 Happy New Financial-Year! Welcome to “Dry July”… yes there is a website for it (dryjuly.com), you can participate to help raise funds to improve the comfort and well-being of people affected by cancer. So far about $2million has been raised. Believe it or not one of the major sponsors […]

Cairns property View – June 2019

The general consensus from other Cairns business owners I have spoken to recently agree that the Federal Election did stall the economic activity in Cairns noticeably. The good news is that the only way from here is upwards Even better news, especially for the property market in that late in May Australia’s banking regulator announced […]