Property for Sale Cairns
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CAIRNS PROPERTY SALES MARKET - MEDIAN PRICES
How much does property for sale in Cairns go for?
HOUSES (Under 2400m2)
Sales statistics of Local Government Area (LGA) for houses under 2400m2 in Cairns.
The median house price in Cairns decreased 2.6% to $345,750 over the June 2013 quarter. Compared to the year ending June 2013, median house sale price for the June 2013 quarter is down 1.2%.
The graph below shows median sale price of houses in Cairns, over a 6 year period (year ending June 2008-2013).
Following a substantial 4.1% drop in median house sale price between the year to June 2011 to 2012, Cairns has experienced a slight recovery over the 12 months to June 2013, increasing by 1.4% to $355,000. This is back to the median sale price experienced in the last major drop in 2009 where median sale price dipped 6%.
Sales statistics of Local Government Area (LGA) for all units/townhouses in Cairns.
The median sale price for units and townhouses in Cairns plummeted 10% over the June 2013 quarter to $180,000. This price is a further 6.25% decline in comparison to the 12 months to June 2013.
The graph below shows median sale prices of units and townhouses in the Cairns LGA for the year to June 2008-2013.
The stats for the year to June 2013, show a continual decline that has been present since 2010, decreasing a further 7.1% from 2012. The median sale price for Cairns units and townhouses in 2013, are 24.9% cheaper than they were in 2010.
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