Cairns Property Report
What's in store for Cairns property?
Cairns is currently the 15th most populated area in the nation, with the latest figures showing a population base of 161,932. This area holds 0.66% of the Australian population and on average has grown by approximately 2761 people per annum since the late 90s.
Cairns has experienced historic compounding growth rates of 6.22% per annum since 1985 & over the past 10 years the market has experienced a compounding growth rate of 2.91% for houses and 1.15% for units per annum