Property Prices in Cairns, Australia

Index Info
Price to Income Ratio: 6.52
Mortgage as Percentage of Income: 57.81%
Loan Affordability Index: 1.73
Price to Rent Ratio - City Centre: 22.39
Price to Rent Ratio - Outside of Centre: 19.74
Gross Rental Yield (City Centre): 4.47%
Gross Rental Yield (Outside of Centre): 5.06%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,991.67 A$ 1,750.00-2,200.00
1 Bedroom Apartment Outside of City Centre 1,752.00 A$ 1,480.00-2,030.00
3 Bedroom Apartment in City Centre 3,253.33 A$ 2,500.00-4,000.00
3 Bedroom Apartment Outside of City Centre 2,800.00 A$ 2,500.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 866.31 A$ 492.38-1,300.63
Price per Square Feet to Buy Apartment Outside of Centre 665.80 A$ 325.16-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,320.49 A$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.38 5.00-8.22

These data are based on 53 entries from 8 contributors over the past 18 months.
Last update: 28 January 2026

Sources and References
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