Property Prices in Cairns, Australia

Index Info
Price to Income Ratio: 9.76
Mortgage as Percentage of Income: 90.47%
Loan Affordability Index: 1.11
Price to Rent Ratio - City Centre: 23.39
Price to Rent Ratio - Outside of Centre: 20.08
Gross Rental Yield (City Centre): 4.27%
Gross Rental Yield (Outside of Centre): 4.98%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,912.50 A$ 1,750.00-2,100.00
1 Bedroom Apartment Outside of City Centre 1,690.00 A$ 1,480.00-2,000.00
3 Bedroom Apartment in City Centre 3,100.00 A$ 2,500.00-4,000.00
3 Bedroom Apartment Outside of City Centre 2,825.00 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
Edit
Average Monthly Net Salary (After Tax) 4,226.19 A$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.96 5.50-7.90

These data are based on 47 entries from 9 contributors over the past 18 months.
Last update: 23 November 2025

Sources and References
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