Property Prices in Cairns, Australia

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Index Info
Price to Income Ratio: 9.00
Mortgage as Percentage of Income: 83.46%
Loan Affordability Index: 1.20
Price to Rent Ratio - City Centre: 24.26
Price to Rent Ratio - Outside of Centre: 21.20
Gross Rental Yield (City Centre): 4.12%
Gross Rental Yield (Outside of Centre): 4.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,821.67 A$ 1,600.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,612.00 A$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,040.00 A$ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,650.00 A$ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 866.31 A$ 492.38-1,300.63
Price per Square Feet to Buy Apartment Outside of Centre 665.80 A$ 325.16-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,581.03 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.96 6.00-7.90

These data are based on 55 entries in the past 18 months from 9 different contributors.
Last update: February 2025

Sources and References
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