Queensland

Purchased in May 2025, this 3 bedroom, 1 bathroom home in QLD was secured for $551,000, reflecting strong buying conditions in a high-demand coastal growth market.

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Currently achieving $695 per week in rent, the property delivers a gross rental yield of 6.56%, providing exceptional cash flow and consistent tenant demand in a tightly held rental market.

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Positioned in a well-established residential pocket approximately 15 kilometres north of the Cairns CBD, the property benefits from proximity to schools, shopping centres, a university, and key arterial roads connecting residents to employment hubs and coastal amenities. The area continues to attract strong population inflows driven by lifestyle appeal and limited housing supply.

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Local area snapshot (ABS 2021 Census): 

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Most households are: Families 

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Population: 6,664 

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Most residents are: Owners

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