Buyers Agent Cairns

Buying Investment Property in Cairns

Cairns, a tropical coastal city, with distinct wet and dry seasons is heavily influenced by tourism showcasing a mix of hotels, apartments, standalone homes and commercial spaces offering a mix to both urban and suburban areas to both tourists and residents catering to a wide range of lifestyles and budgets. Its close proximity to the Great Barrier Reef, Daintree Rainforest and its own Cairns Esplanade, offers investors a slice of tropical paradise amongst the tranquil coastal lush suburbs. Other key industries like agriculture, marine and fishing industries are quite prevalent in Cairns’ economy.

Cairns offers several excellent schooling options, particularly for families considering investment properties including private schools like St. Augustine’s College and Trinity Anglican School as well as highly regarded public schools like Cairns State High School and Redlynch State College. Healthcare facilities in Cairns include the centrally located Cairns Hospital, Cairns Private Hospital, and clinics such as Cairns 24 Hour Medical centre offering around the clock support for residents. Due to Cairns’ tropical location, Cairns also provides air and on-the-ground ambulance services to residents.

Cairns offers residents a well-rounded lifestyle with excellent amenities from shopping and dining, residents can enjoy Central Shopping Centre and Smithfield Shopping Centre to local fresh goods at Rusty’s Markets. The Esplanade and Pier Shopping Centre offer fantastic restaurants showcasing international cuisines. Outdoor spaces like the Esplanade’s Lagoon and Muddy’s Playground are popular family-friendly activities while the Botanic Gardens and Mount Whitfield trails are perfect for nature lovers. People who enjoy an active outdoor lifestyle can enjoy places like Barlow Park, Tobruk Memorial Pool, and local golf courses. Cairns Festival and Ironman Cairns bring excitement throughout the year. Cultural venues such as the Cairns Performing Arts Centre and Tanks Arts Centre are also popular amongst residents.

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About the Cairns Property Market

Cairns is a regional hub with a property market that is growing with the population. As a well-connected city it offers established suburbs, newer developments and prime coastal areas making it an attractive market for investors. While it is renowned for tourism, and its own international airport, Cairns is seeing an increase in long-term residents, which fuels demand for residential properties and offers investors a stable rental market. Easy public transport throughout Cairns by Sunbus is another attractive amenity for investors.

The 2021 ABS Census data says that Cairns has a mixed demographic with young families, professionals to retirees. With about 37% of the resident’s owning their homes outright or with a mortgage, just over 48% of households rent. The rental demand is quite strong due to the seasonal workers, students and people in the tourism industry which further contributes to Cairns’ strong household market making it attractive to investors. Residents earn a moderate income in comparison to the national average, but in comparison to larger cities like Sydney and Melbourne they remain a little lower but align closely with other regional centres.

Cairns comprises apartments, townhouses and detached houses in suburban areas. Standalone homes with larger yards can be found in areas such as Redlynch and Kewarra beach which have great amenities for growing families. The block sizes vary and range from 400m² to over 1000m². Investors have the opportunity to choose different types of rentals such as long-term or short-term holiday rentals which are popular in the Cairns property market.

Cairns, Queensland by Bernard Gagnon

Our Process

Due to the vast portfolio offerings in Cairns, it is much easier for buyers to use a buyer’s agent as we can confidently help you find the investment property that aligns with your financial and lifestyle goals. Buyer’s agents help assist with property research, search, evaluation, and provide valuable insights within the area.

Our team at Search Party Property is dedicated to navigating the Cairns property market and offer our customers our expert negotiation skills as well as real estate agents, mortgage brokers, conveyancers, and inspectors to help streamline and manage the buying process.

Ready to make a smart investment in Cairns? Contact us today to start your journey towards successful property investment in one of Queensland’s most dynamic regions.