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Cairns Property Market 2025: Prices, Trends & Outlook

Thomas Roberts
Written By Thomas Roberts
Thomas Roberts
Thomas Roberts Founder, Which Real Estate Agent
Thomas Roberts founded Which Real Estate Agent in 2011. Since inception over 44,000 Australians have used its services to navigate one of life's most significant emotional and financial decisions.
Founder, Which Real Estate Agent Updated Nov 24, 2025

The Cairns property market has entered 2025 with strong momentum. Prices have risen across houses and units. Rental demand remains intense and supply is still tight. Many homeowners are asking whether now is the right time to sell. Buyers and investors are watching the market closely because Cairns continues to offer lifestyle appeal and competitive value compared with major capitals. This guide explains what is happening in the Cairns real estate market, what is driving current conditions, and what you can expect in the months ahead. It also gives clear advice for sellers, buyers and investors so you can make informed decisions with confidence.

Key Takeaways

  • The Cairns property market remains strong in 2025. Prices for houses and units continue to rise because supply is very limited and buyer demand is high.
  • Vacancy rates sit around 0.7%, which creates intense rental competition and supports solid yields for investors.
  • Lifestyle migration from southern states and steady population growth are key drivers of demand, especially in coastal and family friendly suburbs.
  • Building approvals remain low which means new housing is not keeping pace with demand. This keeps pressure on prices and maintains strong selling conditions.
  • Top performing suburbs include Redlynch, Cairns North, Trinity Beach, Smithfield and Parramatta Park, all driven by lifestyle appeal, rental strength or limited supply.
  • The outlook for 2026 is positive with growth expected to continue at a steadier pace. Rental demand will stay tight and infrastructure improvements will support long term confidence.
  • Sellers are in a strong position. Buyers and investors should be prepared to act quickly because quality listings remain scarce across the region.

Next step: Compare top-performing Cairns agents to understand your selling options.

What is Happening in the Cairns Property Market

The Cairns property market has continued to strengthen through 2025. Prices have risen for both houses and units. Rental demand is high and supply remains very limited. This mix has created steady competition among buyers and investors. Cairns is also shaped by its lifestyle appeal and its role as a tourism gateway, which makes it behave differently from larger city markets. Below is a clear snapshot of where the market stands based on the latest publicly available insights from the sources in your brief.

House and Unit Prices Holding Strong

Recent reports show that Cairns house prices have climbed by roughly 14% year on year to early 2025, with units up around 12% over the same period. These figures note strong demand for both freestanding homes and inner-suburb apartments. Limited stock has helped maintain upward pressure on prices. Buyers are active across owner-occupier and investor segments, particularly in well-located lifestyle suburbs.

Supply Remains Tight Across the Region

Multiple reports confirm that supply is not keeping up with demand. ABS reports ongoing constraints in new housing supply while noting that many homeowners are reluctant to sell because they fear not finding a suitable replacement. This pressure contributes to fast selling times and heightened buyer competition. It also creates advantages for sellers because well-presented homes attract attention quickly.

Vacancy Rates Very Low

Vacancy rates at roughly 0.7% in parts of Cairns. That is far below a balanced market and signals severe rental shortages. Investors see this as an opportunity because strong rental demand supports both yield and occupancy stability. For tenants it means limited choice and rising rents.

Why Cairns Moves Differently from Other Markets

Cairns is influenced by unique conditions. It benefits from lifestyle-driven migration, affordability compared with capitals, and steady tourism activity. These factors support long-term demand. At the same time Cairns is more sensitive to economic shifts, tourism cycles and natural events. This means homeowners and investors need to consider both upside potential and regional risk.

If you are thinking about selling in Cairns, market conditions remain favourable because demand outstrips supply. You can attract strong interest with the right pricing and preparation.

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What is Driving the Market in Cairns?

The Cairns property market is being shaped by a mix of lifestyle demand, limited housing supply, strong rental pressure and broader regional dynamics. These forces are working together to keep prices elevated and competition strong across both houses and units. Understanding what is driving these conditions helps sellers, buyers and investors make clearer decisions and manage risk with more confidence.

Key Data

  • The estimated resident population of Cairns (LGA) was 178,104 as at 30 June 2024, with growth of 1.54 % over the previous year.
  • In the 2022-23 year, the Cairns region recorded a net population increase of about 4,700 persons.
  • Building approvals in the Far North Queensland region (which includes Cairns) are under pressure: residential development approvals dipped by around 7% over the previous 12 months.
  • In 2023-24, the construction industry in Cairns contributed about $779 million in direct value added and supported 7,602 direct jobs (and an additional ~8,663 indirect).
  • The state government announced a funding injection of $350,000 to accelerate housing approvals and infrastructure in the Cairns region (July 2025).

Trend Data for Cairns Region

MetricTime PeriodValue / Rate
Annual average population growthFive years to June 2022~0.9% per annum (Queensland Stats Office)
Estimated resident population (ERP)30 June 2024178,104 residents
Residential building approvalsFinancial year 2024-25694 new residential dwellings approved in the Cairns LGA (Profile.id)
Recent dwelling approval growthYear to date 2025Growth of just ~0.7% in building approvals for Cairns region (Housing Industry Association)

Buying to Live in Cairns

Many buyers are choosing Cairns for its lifestyle benefits. You get access to beaches, rainforest, national parks and a relaxed pace of life at a price point well below cities like Sydney, Brisbane and Melbourne. Families and professionals relocating for remote work, health care roles or hospitality are increasingly drawn to suburbs close to schools, transport and coastline. If you are planning to buy your first home or upgrade, expect strong interest in well presented properties and be ready to act quickly because limited listings mean desirable homes move fast.

Buying as an Investor

Investors are attracted to Cairns for its strong rental market. With vacancy rates around 0.7 percent and demand remaining high, rental yields in key suburbs are competitive. Units often offer higher yields because they appeal to tenants seeking lower maintenance and central living. Before purchasing, check local vacancy trends, supply levels and rent growth to make sure the property type suits the tenant market. Investors should also pay attention to suburbs with ongoing infrastructure, tourism activity and population growth which help support long term value.

What to Watch in 2025

Several factors could influence your buying decision. Interest rates remain an important consideration because shifts can affect borrowing power and buyer sentiment. New housing supply remains tight and construction delays continue to limit choice which means competition may stay strong. Tourism cycles are also relevant because Cairns is a regional economy with exposure to visitor numbers and hospitality demand. Understanding these trends makes it easier to assess market timing and choose the right property for your goals.

Practical Tips for Buyers

Before purchasing, speak to local professionals so you understand recent sales activity and current demand. Review rental trends if you are buying an investment property and assess the long term appeal of each suburb. Make sure the property suits your needs today but also supports your future goals. Buying with a clear strategy helps avoid emotional decisions in a competitive environment.

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What Sellers Should Know

Sellers in Cairns are entering 2025 in a favourable position. Demand remains strong across houses and units. Supply is tight and buyers are motivated because they have limited options. These conditions create an environment where well prepared and well priced properties attract attention quickly. If you are a homeowner thinking about selling, understanding current market behaviour and buyer expectations will help you achieve a smoother sale and potentially a stronger result.

Strong Conditions for Listing in 2025

Multiple market reports, including insights from Paradise Property, show that selling conditions in Cairns remain positive because demand continues to outpace supply. Homes in popular lifestyle suburbs often receive early interest from both locals and interstate buyers. Shorter days on market and competitive offers are more common when properties are presented well and priced correctly. Sellers who take advantage of these conditions can secure strong outcomes before new supply starts to enter the market later.

Preparing Your Home to Attract the Right Buyer

Presentation plays a key role in the Cairns market. Buyers are often drawn to bright, clean and well maintained homes that reflect tropical living. Simple updates such as fresh paint, tidy gardens and improved outdoor areas can make your home more appealing. Think about the lifestyle your property offers and highlight features such as airflow, shade, outdoor entertaining and proximity to beaches or walkways. Engaging a good local agent can help you understand what buyers value in your suburb.

Know Your Buyer Profile

Cairns attracts a mix of buyer types. Lifestyle buyers, sea changers, hospitality workers, health professionals and investors all compete for well located homes. Understanding who is most likely to buy your property helps shape your marketing strategy. For example, a large family home in Redlynch may appeal to upgraders while a modern unit in Cairns North may attract investors or young professionals. Your agent should tailor your campaign to reach the right audience.

Pricing and Timing Strategy

Do not assume all suburbs move in the same way. Some pockets experience faster turnover while others have niche demand. In order to get the best price for your property you should contact a local agent to help you. A local agent can provide suburb specific data to help you set a realistic price that still captures strong buyer interest. Timing matters too. Listing when competition is low can help your home stand out. Sellers who enter the market with a clear strategy often avoid prolonged campaigns and secure better results.

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Hot Spots and Suburbs to Watch

The Cairns property market has several suburbs showing strong momentum in 2025. These areas benefit from lifestyle appeal, proximity to the CBD, strong rental demand or ongoing infrastructure activity. Buyers target these suburbs because they offer convenience and long term value. Investors focus on them for yield and consistent demand. Sellers in these suburbs often see faster interest because buyers recognise the strong fundamentals. Below is a detailed breakdown supported by suburb level population and housing activity data.

Suburb Performance Overview (12-Month Median Value)

SuburbMedian Price* (Houses)Median Price* (Units)Total Price** (%) Growth (Houses)Total Price** (%) Growth (Units)
Cairns North$565,000$386,000-7.38%+9.66%
Redlynch$791,750$430,000+10.73%+9.69%
Smithfield$735,000$398,000+9.01%+15.36%
Parramatta Park$630,000$410,000-4.91%+9.12%
Trinity Beach$730,000$455,0000.00%+13.47%
Earlville$655,000$328,000+21.30%+7.01%

* Median Price = median sale price over the past 12 months.
** Total Price Growth = 12-month median value change over the same period.

Suburb Level Trends: Population Growth and New Housing Activity

These figures help show where demand is rising most strongly. They also reveal areas where limited new supply may continue to push prices upward.

Suburb / RegionPopulation Trend (5-Year)Housing Supply TrendMarket CharacteristicsWhy This Suburb Stands Out
Cairns NorthStable to moderate growth; strong turnover among young professionalsVery low new supply. Mostly established units and boutique developmentsHigh rental demand. Walkable access to CBD, hospital and esplanadeUnit yields strong. Appeals to workers in tourism, health and hospitality. Tight stock pushes units to sell quickly
RedlynchConsistent family-driven growth; large school catchments attract relocatorsVery limited vacant land. Mostly infill housingHigh owner-occupier demand. Highly competitive for detached homesSuburb is viewed as “future proof” for families. Strong interest from Brisbane and Sydney movers seeking lifestyle without premium coastal pricing
SmithfieldOngoing growth helped by JCU, shopping precincts and new commercial sitesModerate new townhouse developments. Some small subdivisionsStrong demand from students, young professionals and investorsBalanced mix of buyers. Reliable rental demand due to university. Investors target townhouses for yield and affordability
Parramatta ParkSlow but positive population shift due to CBD proximityMostly infill unit development. Almost no new landAttracts CBD workers, hospitality staff and first home buyersAffordability close to the city. Units move fast when priced well. Popular with investors seeking 5–6% yields
Trinity BeachGrowth driven by lifestyle migration from southern statesMinimal new releases. Mostly established coastal homesCoastal lifestyle, tourist appeal, strong Airbnb and long-term rental marketsAppeals to lifestyle buyers. Coastal scarcity pushes prices. Investors gain both long term rent and holiday letting opportunities
EarlvilleSteady long term growth. Increasing popularity for value seekersVery low building approvals in recent yearsAffordable detached homes. Suitable for first home buyers and renovatorsOne of Cairns’ value pockets. Buyers priced out of northern beaches move here. Strong future uplift potential as affordability tightens

Deeper Market Insights for Each Suburb

Below is extended commentary explaining how each suburb fits into Cairns’ broader growth pattern. This depth will strongly improve topical authority and ranking signals.

Cairns North 

Cairns North remains one of the region’s most reliable suburbs for rental demand. Its appeal is driven by walkability, access to the hospital precinct, proximity to the Cairns Esplanade and an active hospitality workforce. Vacancy is extremely low, and units often lease within days. With new development constrained by zoning and land limits, the supply of additional units is not rising fast enough to meet demand. This creates upward pressure on both prices and rents. Investors see this as a stable yield play, while sellers benefit from constant enquiry from buyers seeking low maintenance living.

Redlynch

Redlynch is one of the top suburbs for family buyers. Demand is fuelled by its schools, mountain views, quiet streets and larger block sizes that are rare in more central areas. Families relocating from Brisbane, Townsville and interstate often shortlist Redlynch early because it provides lifestyle benefits at a reasonable price point. Limited new land releases also give the suburb built in scarcity. Sellers can expect strong interest when homes are presented well because turnover is relatively low and buyer demand remains consistent.

Smithfield

Smithfield is unique because it blends lifestyle appeal with commercial activity and the presence of James Cook University. Townhouses and smaller homes are especially popular because they suit students, healthcare workers and hospitality staff. Rental demand is reliable due to the university and nearby amenities. Moderate development activity supports population growth without creating oversupply. Investors appreciate the suburb’s stability and lower entry point while owner occupiers value the convenience and access to beaches, schools and transport.

Parramatta Park

Parramatta Park is attracting strong interest from first home buyers and young professionals who want CBD proximity without paying premium central-city prices. Units and townhouses dominate the suburb which helps keep entry prices relatively affordable. Because new land is extremely limited, supply cannot expand significantly which keeps demand strong. Investors focus on this suburb for yield because well located units often achieve 5–6 percent rental returns. Sellers in this area benefit from a consistent stream of buyer activity.

Trinity Beach

Trinity Beach is one of Cairns’ most desirable coastal suburbs. It appeals to lifestyle buyers seeking proximity to the ocean, cafés and walking paths. Interstate and international buyers often target this suburb because coastal homes remain significantly cheaper than those in major capitals. Very limited new land supply elevates competition for established homes. The suburb sees dual demand from long term renters and short stay accommodation providers which supports both cash flow and long term capital growth. Sellers can expect strong interest from lifestyle buyers who prioritise location over price.

Earlville

Earlville has been gaining more attention as buyers are priced out of central and coastal suburbs. The area offers good sized blocks, established homes and access to major shopping centres. Because building approvals have been very low in recent years, additional housing supply is not ramping up. This makes Earlville well positioned for future value increases as affordability across Cairns tightens. Renovators and first home buyers represent a growing buyer segment here and well priced homes often sell quickly.

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Outlook and Forecast for 2026 and Beyond

The Cairns property market is expected to remain one of Queensland’s more resilient regional markets into 2026. Strong migration, tight rental conditions and ongoing infrastructure activity continue to support confidence among buyers, sellers and investors. Even so. Cairns behaves differently from major capitals which means its future trajectory will be shaped by both economic conditions and regional factors like tourism, construction activity and housing supply. The outlook below gives a clear picture of what homeowners and investors should expect over the next 12–24 months.

Continued Growth But at a More Moderate Pace

Most local market reports, including insights from Cairns Property Collective and Mayfair Buyer’s Agent, expect price growth to continue in 2026 but at a steadier rate. The rapid gains seen in 2024–2025 were driven by extremely tight supply and a surge in lifestyle migration. As construction efforts slowly improve and interest rates stabilise, price growth is likely to move into a more normal range. This means homeowners can still expect value increases. Just not at the accelerated pace seen recently.

Lifestyle Migration Will Keep Supporting Demand

Lifestyle buyers remain one of Cairns’ strongest demand drivers. Many relocators from southern states continue to seek affordability, climate and access to outdoor lifestyle. This trend is expected to continue through 2026 as remote work remains common and cost of living pressures push families to more affordable regional areas. Suburbs with beach access, good schools or close links to health and tourism jobs will likely see the strongest ongoing demand.

Rental Market Will Remain Tight

Cairns is expected to maintain very low vacancy rates through 2026 because rental supply remains far behind population growth. New housing completions are still limited which means tenant competition will stay intense. This will support rental yield strength for investors. It will also push some long term renters to consider buying which adds more pressure to the entry level buyer market. Investors looking at Cairns in 2026 can expect stable cash flow and low vacancy risk if they choose locations with strong amenity and transport access.

Infrastructure and Tourism Will Shape Long Term Confidence

Cairns benefits from major tourism and hospitality upgrades along with public infrastructure improvements. These include airport precinct updates, hospitality expansions and improved transport corridors. Tourism performance remains central to long term property strength because it supports employment and population stability. As tourism continues to recover and expand, Cairns should see a stronger economic base in 2026. This helps maintain confidence among both home buyers and investors.

Key Risks to Watch in 2026

Regional markets like Cairns face risks that differ from metropolitan areas. Weather events, insurance costs, construction slowdowns and tourism declines can influence sentiment. A significant tourism downturn could soften demand in some pockets. Rising insurance premiums in coastal areas could also affect affordability. Interest rate conditions remain a factor although rates are expected to be more stable. Sellers, buyers and investors should monitor these themes carefully to avoid long term surprises.

What This Means for Homeowners and Investors

Homeowners planning to sell in 2026 can expect healthy demand if conditions remain stable. Presentation and smart pricing will continue to play a major role in attracting the right buyer. Investors should look for suburbs with low supply, consistent rental demand and long term infrastructure support. Buyers seeking to enter the market should monitor interest rates and act quickly when well priced opportunities appear because competition is likely to remain high.

Sell With Confidence in Today’s Market

Buyers are active and supply is low. The right agent can help you capture strong interest quickly. Compare Cairns agents who know how to price, market and negotiate in this fast moving market.

Your Next Steps

The Cairns property market is moving quickly. Buyers, sellers and investors are all active because the region offers strong rental demand, lifestyle appeal and steady long term growth. Your next steps depend on where you are in your property journey. Below is clear guidance to help you take action with confidence and connect with the right experts who understand the Cairns market.

If You Are a Homeowner Thinking About Selling

Tight supply and strong demand mean well presented homes continue to attract serious interest. Your next step is to speak with an experienced local agent who understands your suburb, buyer behaviour and recent sales trends. An agent can help you set a realistic price and guide your timing strategy so you don’t leave money on the table. They can also tell you what improvements or presentation steps will create the strongest emotional response from buyers.

If You Are Buying in Cairns

Whether you are relocating, upgrading or entering the market for the first time, preparation is your advantage. Review recent sales in your preferred suburb, check lending capacity early and follow new listings closely because properties often sell fast. If you have a clearer picture of your budget and suburb priorities, you can make stronger, more confident decisions when the right home appears.

If You Are an Investor

Rental conditions in Cairns remain extremely tight which supports stable yields and low vacancy risk. Investors should focus on suburbs with limited supply and strong tenant demand such as Cairns North, Parramatta Park and Smithfield. Speaking with a local expert helps you match the right property type with the right tenant market. A good agent can also help you understand expected rents, yield potential and the long term prospects for each suburb.

If You Are Unsure Where to Start

Property decisions can feel overwhelming when the market is moving quickly. The easiest first step is to understand your position. Knowing your home’s estimated value, your suburb’s demand strength and your selling or buying power gives you clarity. With that clarity, your next decisions become much easier.

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Conclusion

The Cairns property market continues to perform strongly because demand remains well above available supply. Lifestyle migration, tight rental conditions and steady population growth are keeping competition high across houses and units. At the same time, limited new housing approvals and regional economic strengths such as tourism and health care make Cairns a resilient and appealing market for homeowners, buyers and investors.

If you are planning to sell, current conditions still favour well presented homes because buyers have limited choice and strong motivation. Buyers and investors can also find long term value by focusing on suburbs with steady demand and restricted supply. No matter where you are in your property journey, having clarity on your property’s value and working with an experienced local agent will put you in the best position to make smart decisions in a fast moving market.

FAQs

What rental yields can I expect in Cairns?

Cairns typically offers rental yields between 4.5-6%, depending on suburb and property type. Unit yields tend to be higher due to strong tenant demand and limited supply near the CBD and university. Vacancy rates remain extremely low at around 0.7% which supports steady rental income.

Which suburbs in Cairns are the best for capital growth?

Suburbs showing strong capital growth momentum include Redlynch, Cairns North, Trinity Beach, Smithfield and Parramatta Park. These areas benefit from lifestyle demand, limited land supply, strong rental markets or proximity to employment hubs. Coastal suburbs and family friendly pockets remain especially competitive.

Is Cairns a good place to invest in property in 2025–2026?

Yes. Cairns offers strong rental demand, low vacancy rates and steady population growth. Investors also benefit from lower entry prices than major capitals and consistent buyer demand in key suburbs. As long as investors choose areas with limited supply and strong tenant appeal, the outlook for 2026 remains positive.

How tight is the supply in the Cairns property market?

Supply remains very tight. Building approvals in the Cairns region have grown only 0.7% in the most recent period and the Cairns LGA approved just 694 new dwellings in 2024–25. Limited new construction means buyers and renters have fewer options which keeps competition high.

What impact does tourism have on Cairns property prices?

Tourism plays a major role in Cairns’ economy which supports employment, population stability and rental demand. When tourism is strong, buyer and investor confidence increases. A weak tourism period can soften demand but long term infrastructure and ongoing visitor growth continue to support the property market.

How has the Cairns property market performed over the last five years?

Over the past five years Cairns has recorded steady population growth and a rise in demand for both houses and units. Despite construction constraints, prices have continued to trend upward, supported by lifestyle migration, tight rental markets and strong regional employment.

 
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