Is Cairns a good place to invest in property?

The current market regime is AMBER, which signals caution for new purchases. Cairns has 61 scored suburbs with a median price of $660K.

Cairns

AMBER Market

61 suburbs scored QLD Median $660K

High Confidence

Moderate

Low Confidence

Total Suburbs

Top 10 Suburbs in Cairns

#	Suburb	Type	Tier	Price	Yield	Heat
1	Cairns North	house	STRONG BUY	$875K	4.6%	95
2	Port Douglas	unit	STRONG BUY	$441K	6.9%	89
3	Parramatta Park	house	BUY	$772K	4.8%	94
4	Smithfield	unit	BUY	$475K	5.1%	91
5	Port Douglas	house	STRONG BUY	$1.08M	4.9%	89
6	Edmonton	unit	BUY	$376K	6.7%	87
7	Kuranda	house	BUY	$742K	4.8%	83
8	Palm Cove	unit	HOLD	$486K	5.1%	59
9	Edge Hill	house	BUY	$920K	4.3%	91
10	Manoora	unit	BUY	$418K	6.0%	74

Most Undervalued Suburbs

Suburbs trading below our fair value estimate based on demographics, income, and rental yield.

All Cairns Suburbs

#	Suburb	Type	Tier	Price	Yield	Fair Value
1	Cairns North	house	STRONG BUY	$875K	4.6%	+29.2%
1	Port Douglas	unit	STRONG BUY	$441K	6.9%	+26.6%
2	Parramatta Park	house	BUY	$772K	4.8%	+26.0%
2	Smithfield	unit	BUY	$475K	5.1%	+22.1%
3	Port Douglas	house	STRONG BUY	$1.08M	4.9%	+25.9%
3	Edmonton	unit	BUY	$376K	6.7%	+18.6%
4	Kuranda	house	BUY	$742K	4.8%	+23.2%
4	Palm Cove	unit	HOLD	$486K	5.1%	+16.1%
5	Edge Hill	house	BUY	$920K	4.3%	+23.2%
5	Manoora	unit	BUY	$418K	6.0%	+12.1%
6	Kanimbla	house	BUY	$788K	4.7%	+19.3%
6	Cairns City	unit	HOLD	$630K	6.6%	+10.2%
7	Mareeba	house	BUY	$619K	4.9%	+18.7%
7	Yorkeys Knob	unit	HOLD	$460K	6.1%	+10.1%
8	Trinity Park	house	BUY	$765K	4.8%	+18.5%
8	Clifton Beach	unit	HOLD	$490K	6.0%	+9.5%
9	Babinda	house	BUY	$475K	4.7%	+17.6%
9	Mooroobool	unit	HOLD	$448K	6.4%	+8.9%
10	Kewarra Beach	house	BUY	$896K	5.0%	+17.5%
10	White Rock	unit	HOLD	$525K	6.2%	+8.8%
11	Yungaburra	house	BUY	$788K	3.9%	+16.3%
11	Parramatta Park	unit	HOLD	$460K	6.4%	+8.7%
12	Bungalow	house	BUY	$672K	4.3%	+15.7%
12	Woree	unit	HOLD	$230K	6.6%	+8.3%
13	Mooroobool	house	BUY	$722K	5.1%	+14.0%
13	Bungalow	unit	HOLD	$345K	6.5%	+7.5%
14	Earlville	house	BUY	$736K	5.2%	+13.6%
14	Cairns North	unit	HOLD	$430K	6.9%	+7.2%
15	Smithfield	house	BUY	$845K	4.8%	+12.7%
15	Earlville	unit	HOLD	$359K	6.7%	+6.6%
16	Manunda	house	BUY	$727K	4.4%	+12.4%
16	Edge Hill	unit	HOLD	$350K	7.0%	+6.2%
17	Trinity Beach	house	HOLD	$842K	4.7%	+12.2%
18	Gordonvale	house	BUY	$698K	4.7%	+12.0%
19	Edmonton	house	BUY	$789K	4.8%	+11.4%
20	Whitfield	house	BUY	$913K	4.4%	+11.3%
20	Whitfield	unit	HOLD	$508K	6.9%	+32.0%
20	Freshwater	unit	HOLD	$598K	5.0%	+4.9%
20	Kewarra Beach	unit	HOLD	$611K	5.2%	+14.1%
20	Redlynch	unit	HOLD	$508K	5.8%	+5.8%
20	Manunda	unit	HOLD	$355K	6.5%	+15.8%
20	Westcourt	unit	HOLD	$377K	6.5%	+9.9%
20	Trinity Beach	unit	HOLD	$536K	5.0%	+34.8%
21	Mount Sheridan	house	BUY	$755K	4.7%	+11.1%
22	White Rock	house	BUY	$790K	4.8%	+11.1%
23	Manoora	house	BUY	$638K	4.8%	+10.6%
24	Yorkeys Knob	house	BUY	$790K	5.1%	+10.5%
25	Brinsmead	house	BUY	$891K	4.5%	+10.4%
26	Machans Beach	house	BUY	$760K	5.3%	+10.1%
27	Woree	house	HOLD	$736K	4.7%	+9.6%
28	Clifton Beach	house	HOLD	$965K	4.1%	+9.2%
29	Westcourt	house	BUY	$683K	4.3%	+9.2%
30	Freshwater	house	HOLD	$952K	4.6%	+8.1%
31	Redlynch	house	HOLD	$950K	4.6%	+7.5%
32	Palm Cove	house	HOLD	$1.19M	4.0%	+7.1%
35	Daintree	house	HOLD	$460K	6.9%	+27.2%
35	Herberton	house	HOLD	$524K	4.8%	+13.8%
35	Stratford	house	HOLD	$937K	4.7%	+21.4%
35	Malanda	house	HOLD	$555K	4.2%	+10.3%
35	Bayview Heights	house	HOLD	$854K	4.0%	+8.9%
35	Bentley Park	house	HOLD	$752K	4.8%	+9.3%

Frequently Asked Questions

What are the best suburbs to buy in Cairns?

Atlaso rates 3 suburbs in Cairns as HIGH confidence for capital growth. Our top-ranked picks include Cairns North, Port Douglas, Parramatta Park. These ratings are based on a 9-feature quantitative model with an out-of-sample AUC of 0.78-0.80.

Is now a good time to buy property in Cairns?

The current market regime is AMBER. RED conditions signal elevated risk. Our model recommends caution during RED periods.

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).